Home MoneyBanks Egypt’s personal funding mounts to 255 bln pounds in February 2018

Egypt’s personal funding mounts to 255 bln pounds in February 2018

by mohamed Hamdy

The value of personal funding in the Egyptian market has increased to record 255 billion Egyptian pounds by the end of February 2018 compared to 250 billion pounds by the end of January 2018.

The value of loans for individuals has registered 260 billion Egyptian pounds divided between 255 billion pounds for normal persons and 4.7 billion pounds for local nonprofit organizations.

on the other hand, the accounts of credit facilities have amounted to 1.514 trillion pounds by the end of February 2018 in comparison to 1.486 billion pounds by the end of January 2018.

 

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