Bank deposits soar to EGP 8.563 tn by end of 2022.
The Central Bank of Egypt's report, issued today, revealed that deposits in the banking sector increased to record EGP8.563 tn by the end of December 2022.
The report added that deposits of 10 large banks recorded EGP 6.663 tn, 77.8% of total deposits of the banking sector.
Deposits of 5 large banks occupied 70% of the banking sector’s deposits, recording EGP 5.998 tn by the end of December 2022.
