Home Business Central Bank: Bank deposits rose to 3.837 trillion pounds in January

Central Bank: Bank deposits rose to 3.837 trillion pounds in January

The monthly statistical bulletin for the banking sector issued by the Central Bank showed today the growth of government deposits of 10.5 billion pounds and recorded 624.2 billion pounds at the end of January, compared with 613.7 billion at the end of December.

Government deposits were distributed on the local currency at 499.9 billion pounds at the end of January, up from 498 billion pounds in December, while deposits in foreign currency amounted to 124.3 billion pounds, up from 115 billion pounds.

In terms of non-governmental deposits, it recorded a rise of 9 billion pounds by the end of January, reaching 3.213 trillion at the end, compared with 3.204 trillion pounds at the end of December.

Non-government deposits reached 2.464 trillion pounds at the end of January, up from 2.245 trillion at the end of December, while foreign currency deposits stood at LE 748.9 billion, down from LE 752 billion.

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