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Egypt's banking sector net foreign assets rise to $14.94bn in June 2025

Egypt's banking sector net foreign assets rise to $14.94bn in June 2025

Daily News Egypt21 hours ago
The Central Bank of Egypt (CBE) announced that net foreign assets held by the country's banking sector—including both the CBE and commercial banks—increased to $14.941bn (EGP 741.813bn) in June 2025, compared to $14.710bn (EGP 732.556bn) in May.
According to CBE data, total foreign assets in the banking sector reached EGP 4.147trn in June, rising from EGP 4.111trn in May. Meanwhile, total foreign liabilities increased to EGP 3.405trn, up from EGP 3.379trn in the same period.
In a separate update, the CBE reported that total local liquidity within the banking sector grew to EGP 13.072trn in June 2025, up from EGP 12.821trn in May.
The money supply (M1) rose to EGP 3.387trn, compared to EGP 3.285trn in May. Currency in circulation outside the banking system increased to EGP 1.381trn, from EGP 1.355trn.
The report also highlighted an increase in non-government deposits in local currency, which reached EGP 8.6trn in June, compared to EGP 8.432trn a month earlier—an increase of around EGP 167.76bn.
Within this category, demand deposits in local currency rose to EGP 2.006trn, up from EGP 1.930trn. Public sector businesses held EGP 91.387bn, the private sector EGP 1.094trn, and households EGP 820.136bn.
Time deposits and saving certificates in local currency reached EGP 6.593trn, up from EGP 6.502trn. Of this, public sector businesses held EGP 76.504bn, the private sector EGP 340.062bn, and households EGP 6.177trn.
Total non-government deposits in foreign currency also recorded growth, rising to the equivalent of EGP 3.091trn in June 2025, from EGP 3.033trn in May.
Demand deposits in foreign currency increased to EGP 750.804bn, compared to EGP 734.728bn a month earlier. Public sector businesses accounted for EGP 42.532bn, the private sector for EGP 481.634bn, and households for EGP 211.496bn.
Time deposits and saving certificates in foreign currency rose to EGP 2.341trn, up from EGP 2.299trn in May. Within this amount, public sector businesses held EGP 149.9bn, the private sector EGP 527.978bn, and households EGP 1.663trn.
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