Net foreign assets of Egypt's banking system hit $14.7bln in May
This is compared to $13.6 billion in April 2025.
It is worth noting that Egypt's banking system includes the Central Bank of Egypt (CBE) and commercial banks.
NFAs of commercial banks only rose by $3.2 billion in May, standing at $4.8 billion.
This surge marks the highest level since February 2021.
In April, commerical banks' NFAs hit $1.6 billion.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
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