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Banking Sector

Egyptian banks to see more pressure from pandemic effects: Fitch Ratings

Fitch also expects the banking sector’s ratio of stage three loans to rise to 4 percent by the end of the year, compared to 3.4 percent in the Q3 of 2020

Egypt’s banking sector sees LE56.14B increase in foreign assets: CBE

Volume of foreign assets at the central bank declined to LE 619.18 billion in February, compared to LE 617.57 billion in January