Egyptian banking sector net foreign assets decline in March

The Egyptian banking sector's net foreign assets fell to $21.32 billion in March 2026, according to the Central Bank of Egypt. This marks a drop from $27.385 billion the previous month.

The Central Bank of Egypt reported that net foreign assets stood at the equivalent of EGP 1.164 trillion at the end of March. Total foreign assets rose to EGP 4.921 trillion while liabilities increased to EGP 3.756 trillion.

Domestic liquidity expanded to EGP 15.074 trillion in March from EGP 14.027 trillion at the end of 2025. Money supply grew to EGP 4.189 trillion and currency in circulation outside banks reached EGP 1.576 trillion.

Non-government deposits in local and foreign currency also increased during the first quarter. Local currency deposits rose to EGP 9.943 trillion and foreign currency deposits reached the equivalent of EGP 3.554 trillion.

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