CBE: Bank deposits up to LE 3.930 trillion in March

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Mon, 24 Jun 2019 - 03:00 GMT

BY

Mon, 24 Jun 2019 - 03:00 GMT

FILE - CBE

FILE - CBE

CAIRO - 24 June 2019: The Central Bank of Egypt (CBE) on Monday announced an increase in bank deposits by around LE 51 billion by the end of March to reach LE 3.930 trillion compared to LE 3.879 trillion in February.

The total governmental deposits at banks increased by LE 2.9 billion to reach 634 billion pounds, including 512.7 billion in local currency and around 121.3 billion in foreign currency, the CBE said in a report, a copy of which was obtained by MENA.

The total non-governmental deposits at banks until March increased by 49 billion pounds to hit LE 3.296 trillion compared to LE 3.247 trillion in February, the report added.

The total value of the non-governmental deposits in local currency stood at LE 2.547 trillion in March while non-governmental deposits in foreign currency reached LE 749.7 billion, the report noted.

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