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CBE : Egyptian banks’ credit reach to LE2.4 trillion during July/Sept 2014/15

Egyptian Banks' credit balances moved up by LE13.4 billion to reach LE2.4 trillion during July/September 2014/2015, the Central Bank of Egypt’s (CBE) monthly report showed.
 
The private business sector accounted for 62.8 percent of total non-government credit balances at the end of September 2014, the report added.
 
The relative breakdown of non-government credit balances by economic activity at the end of September 2014 ran as follows: 34.5 percent for the manufacturing sector, 24.3 percent for services, 11.0 percent for trade, 1.2 percent for agriculture and 29.0 percent for the unclassified sectors (including the household).
 

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