The Central Bank of Egypt (CBE) has reported that net foreign assets (NFAs) of the Egyptian banking sector declined to $17.884bn (equivalent to EGP 870.361bn) in August 2025, compared to $18.482bn (EGP 900.545bn) in July.
According to the CBE’s latest monthly statistical bulletin, total foreign assets of the banking sector—including both the central bank and commercial banks—stood at EGP 4.216trn in August, slightly down from EGP 4.252trn a month earlier. Total foreign liabilities reached EGP 3.345trn, marginally lower than EGP 3.351trn in July.
The CBE noted that the sector’s net foreign assets had turned positive for the first time in May 2024, recording a surplus of EGP 676.4bn, compared with a deficit of EGP 174.4bn in April 2024—a milestone reflecting improved foreign currency inflows and stronger external balances.
Domestic Liquidity Increases to EGP 13.39trn
The report showed that domestic liquidity in the banking sector rose to EGP 13.388trn in August 2025, up from EGP 13.186trn in July.
Within this total, the money supply (M1) increased to EGP 3.525trn, compared with EGP 3.446trn a month earlier. Meanwhile, currency in circulation outside the banking system edged down slightly to EGP 1.398trn, from EGP 1.400trn in July, signalling continued confidence in the formal banking system and higher deposit mobilisation.
Non-Government Local Currency Deposits Continue to Grow
Total non-government local currency deposits rose to EGP 8.920trn in August, up from EGP 8.715trn in July, reflecting sustained growth in household and business savings.
Of this total, demand deposits in local currency increased to EGP 2.127trn, compared to EGP 2.045trn the previous month. Sector-wise, the public business sector held EGP 93.048bn, the private business sector EGP 1.153trn, and households EGP 881.291bn.
Time deposits and savings certificates in local currency also expanded, reaching EGP 6.792trn, compared with EGP 6.669trn in July. Within this category, public business sector deposits stood at EGP 65.648bn, private business sector deposits at EGP 330.805bn, and household deposits at EGP 6.396trn—underscoring households’ dominant role in the banking sector’s deposit base.
Foreign Currency Deposits Remain Stable
Non-government foreign currency deposits in the banking system remained broadly stable, recording the equivalent of EGP 3.069trn in August, compared with EGP 3.070trn in July.
Demand deposits in foreign currency rose slightly to EGP 762.189bn, from EGP 755.446bn a month earlier. The public business sector accounted for EGP 43.324bn, the private business sector for EGP 510.116bn, and households for EGP 209.003bn.
Meanwhile, time deposits and savings certificates in foreign currency stood at the equivalent of EGP 2.307trn, down marginally from EGP 2.315trn in July. Of this, the public business sector held EGP 153.690bn, the private business sector EGP 510.713bn, and households EGP 1.643trn.
The CBE’s latest figures reflect stable foreign asset positions and continued growth in local currency liquidity, supported by rising household savings and steady corporate deposits. Despite the slight dip in net foreign assets in August, the overall banking sector continues to demonstrate resilience, maintaining solid liquidity conditions and balanced external positions amid ongoing macroeconomic adjustments.
