The Central Bank of Egypt (CBE) announced that the banking system’s net foreign assets (NFAs) rose by a cumulative $3bn, reaching $17.9bn in August 2025, compared to $15bn in June 2025.
According to the CBE, commercial banks recorded a notable improvement in their NFAs, which climbed by $3.1bn in July 2025 to register $8bn — the highest level since November 2014 — before edging down by $0.7bn in August to $7.3bn. This compares to $4.9bn in June 2025.
Overall, commercial banks’ NFAs rose by a net $2.4bn between June and August 2025, mainly driven by the accumulation of foreign assets supported by an increase in foreign exchange resources. The CBE attributed the improvement to sustained workers’ remittances and renewed portfolio inflows, reflecting improved investor sentiment toward the Egyptian market.
Similarly, the CBE’s own NFAs continued to expand for the fourth consecutive month, rising to $11.1bn in September 2025 from $10.1bn in June, signalling stronger foreign currency liquidity and a gradual restoration of external balances across the banking sector.
