Bank deposits abroad increase by $ 1.245 billion in the first half



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The rise in foreign currency deposits in banks in June
The rise in foreign currency deposits in banks in June

Habibi

The balance of foreign currency deposits from non-government sources in the first six months of 2019 increased by about $ 1.245 billion to $ 42.657 billion at the end of June, compared to $ 41.41 billion at the end of June. the end of December.

According to the report of the Central Bank published today, the balance of non-government foreign exchange deposits reached 714.6 billion pounds, or $ 42.657 billion in June, against about 743.5 billion pounds, or 41.41 billion of dollars.

The Central Bank publishes data on deposits denominated in Egyptian pounds, based on the last average selling price of the dollar in June and December of last year, 16.7528 LE for the first and 17.9559 LE for the second.

Demand deposits were 143.284 billion pounds, or 8.55 billion dollars in June, against 144.831 billion pounds, or 8.06 billion dollars in December, announced the central bank.

Term deposits amounted to 571.347 billion pounds, or $ 34.1 billion in June, compared with 598.7 billion pounds, or $ 33.34 billion in December.

Most of the increase in the term deposit balance was financed by the family sector, which increased its balance by $ 1 billion in the first six months of 2019 to reach £ 436.033 billion, or 26%. , 02 billion dollars in June, against 451.830 billion pounds in December.

While term deposits for the private sector declined slightly, they reached $ 6.22 billion in June, up from $ 6.37 billion in December.

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