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Leading the way among traditional banks offering Sharia-compliant services is Banque Misr, with a total of EGP 22bn in Sharia-compliant transactions. (Photo:DNE)

EGP 65bn increase in deposits at banks in May

The total volume of deposits at banks operating in the Egyptian market, aside from the Central Bank of Egypt (CBE), increased by EGP 65bn in May, registering EGP 2.079tn from EGP 2.014tn in April. The CBE’s monthly bulletin on the performance of banks in the Egyptian market showed that the total volume of governmental deposits recorded …

Daily News Egypt

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