The value of pensions disbursed from post offices amounted to about LE 84.2 billion during the year 2019/2020, compared to LE 78.3 billion in 2018/2019.
Total governmental deposits at banks increased by LE 50.6 billion to reach LE 726.3 billion by the end of April against LE 675.7 billion by the end of March.
The total governmental deposits at banks increased by LE 55 billion to reach LE 675.7 billion pounds against LE 620 billion by the end of February.
Government deposits in local currency stood at about LE 546.4 billion, while they recorded LE 74.1 billion in foreign currency.
He added that many countries use and invest all their savings.
It also decided a daily limit for deposits and cash withdrawals from ATM machines at LE 5,000, indicating that the banks sterilize and disinfect those machines periodically.
Governmental deposits decreased LE 10.6 billion to reach LE 602.9 billion in the end of January, compared to LE 613.5 billion in December 2019.
Government deposits totaled LE 613 billion in December 2019, compared to LE 612.5 billion the previous month.
The total non-governmental deposits at banks until May increased by LE 4 billion by the end of May to hit LE 3.320 trillion compared to LE 3.316 trillion in April.
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.
Total government deposits amounted to LE 631.1 billion, LE 509.7 billion of which were in the local currency and LE 121.4 billion were in foreign currencies.
CBE said that total government deposits amounted to LE 613.6 billion, LE 498.2 billion of which were in the local currency and LE 115 billion were in foreign currencies. T
CBE said that total government deposits amounted to LE 613.6 billion, LE 498.2 billion of which were in the local currency and LE 115 billion were in foreign currencies.
Total government deposits amounted to LE 521.9 billion, of which LE 425.5 billion were in the local currency and LE 96.3 billion were in foreign currencies.
CBE’s recent report showed that banks’ loans rose to LE 1.53 trillion by the end of March 2018, compared to 1.45 trillion by the end of December 2017.
The value of nongovernmental deposits in foreign currency reached LE 701 billion, according to the report.
The loan to deposit ratio in the Egyptian banking system is currently recording an average of 45 percent and CBE targets to reach 65 percent during 2018.
EFG Hermes Managing Director said that the best profitable way to invest savings is trough distributing them among different investment sectors.
Individuals and corporate deposits in Egypt’s banks amount to LE 5 trillion, Governor of the Central Bank of Egypt Tarek Amer said on Sunday.
The assets allocated 8.24 percent of total deposits in the banking system in all currencies, which amounted to LE 2.49 trillion.