The Egyptian banking sector’s securities portfolio surged by 2.6% (EGP 15.1 billion), registering EGP 595.8 billion at the end of last November, compared to EGP 580.6 billion at the end of last October.
According to the Central Bank of Egypt’s (CBE) latest report, the government sector accounted for 89.8% (EGP 535.5 billion) of the securities portfolio at the end of last November, compared to EGP 521.09 billion at the end of last October.
The public-business sector accounted for EGP 716 million of the securities portfolio at the end of last November, compared to EGP 786 million at the end of last October, registering a decline of EGP 70 million (8.9%).
The private-business sector’s investments in securities rose 1.14% (EGP 450 million), registering EGP 39.6 billion at the end of last November, compared to EGP 39.1 billion at the end of last October.
The foreign-sector’s investments in securities surged 1.7% (EGP 338 million), registering EGP 19.9 billion at the end of last November, compared to EGP 19.6 billion at the end of last October.
The banks’ investment in local-currency securities rose 1.8% (EGP 9.4 billion), registering EGP 526.4 billion at the end of last November, compared to EGP 517 billion at the end of last October.
The banks’ investments in foreign-currency securities surged 8.8% (EGP 5.6 billion), registering EGP 69.3 billion at the end of last November, compared to EGP 63.6 billion at the end of last October.
