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The Egyptian Central Bank (CBE) announced in an official report that the total volume of loans granted to the government in December had reached 570 billion pounds and that the balance of loans granted to bank customers had increased in the same month to reach 1,800 billion pounds.
The total balance of bank customer borrowings, excluding the central bank, increased by £ 44 billion last December, to stand at £ 1.8 trillion in December, compared to 1,700 billion pounds the previous month.
According to a recent report issued by the Central Bank, the volume of loans granted to the government amounted to 570 billion pounds, of which 227 billion pounds in local currency, 343 billion pounds in foreign currency and of which the total of non-governmental loans has increased to 1.231 billion pounds, of which 901 billion pounds Local.
The report adds that the agricultural activity has acquired loans amounting to 148 billion pounds, the industrial activity has reached about 268.4 billion pounds, the commercial activity has reached 113 billion pounds and the activity of services reached £ 228 billion, the rest of the retained sectors, including the family sector and individuals. And local non-profit organizations and foreign organizations operating in Egypt, up to 296 billion pounds.
He pointed out that total foreign currency lending amounted to 309 billion pounds. The agricultural sector had gained 2.5 billion pounds, the industrial sector 148.4 billion pounds, the commercial sector 18.6 billion pounds and the service sector 123.4 billion pounds, while the rest undistributed sectors, The family sector, natural persons, local non-profit organizations and foreign entities operating in Egypt amounted to EGP 162.2 billion.
The report indicates that the total volume of securities held by banks other than the Central Bank – banks' investments in equities, bonds and investment fund documents – reached 1.907 billion pounds at the end of December, compared with 1.794 billion pounds. at the end of November.
He also pointed out that the government sector accounted for the largest share of the portfolio with LE 1.8 trillion, while the private sector accounted for LE 77.4 billion, the public sector with LE 538 million and the rest of the world with 14.4 billion LE. , 2 billion LE.
According to the report, loans amounted to UA 489 billion in local currency, UA 1 428 billion, while the public and private sectors and the outside world accounted for LE 60.7 billion, against LE 4.12 billion in foreign currency. To reach LE 379.9 billion, the private sector and the outside world accounted for LE 32.2 billion.
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