CAMPAS: 19.8% increase in bank deposits for household sector in 2019-20

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Wed, 06 Jan 2021 - 03:52 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) - CC

The Central Agency for Public Mobilization and Statistics (CAPMAS) - CC

CAIRO - 6 January 2021: The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed on Wednesday that the bank deposit balances for the household sector increased by 19.8 percent to reach LE 3253.4 billion in 2019-20.


In its annual report, the CAPMAS added that the individuals contributed by 95.8 percent of the total amount of the bank deposit balances for the household sector.
 

While the bank deposit balances for the private business sector also increased by 4.7 percent to reach LE 567.3 billon in 2019-20.
 

The report added that the bank deposit balances for the public services sector increased by 27.5 percent to reach LE 511.1 billion in 2019-20 in which the treasury and government administration sector was up by 96.3 percent.

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