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Egypt’s June loans rise to EGP 1.418 trillion– c.bank

Saturday 23/September/2017 - 10:42 PM
Sada El Balad
Egypt’s banks extended more loans in June than in the previous month، recording EGP 1.41 trillion Egyptian ($79.8 billion)، a central bank recent report showed.

In May، loans stood at 1.39 trillion pounds.

The total amounts of loans provided to the government reached EGP 354.723 billion at the end of June، including 142.710 billion pounds in local currency and EGP 212.013 billion ponds in foreign currencies، the report added.

On the other hand، total non-government loans increased to nearly EGP 1.063 trillion in June، including EGP 716.85 in local currency and 346.8 billion pounds in foreign currencies، the report added.

Edited by Ahmed Mohsen

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