Egypt's total financing from entities regulated by the Financial Regulatory Authority (FRA) reached 118.5 billion Egyptian pounds by the end of February 2025, the FRA said in a report on Monday. Stock issuances accounted for 49.6 billion pounds, while securities issuances excluding stocks reached 32.6 billion pounds. Leasing contracts provided 11.1 billion pounds, and financing for micro, small, and medium-sized enterprises (SMEs) totalled 8.1 billion pounds. Consumer finance contributed 6.4 billion pounds, discounted securities 7.9 billion pounds, and mortgage financing 2.8 billion pounds. The value of registered claims on movable assets stood at 3.2 trillion pounds. Outstanding financing balances for SMEs amounted to 83.3 billion pounds. In the insurance sector, premiums collected in February totaled 9.6 billion pounds, with 5.3 billion pounds from property and liability insurance and 4.3 billion pounds from life and accident insurance. Claims paid reached 4.9 billion pounds, including 2.2 billion pounds for property and liability and 2.7 billion pounds for life and accident claims. The FRA also reported the issuance of corporate bonds in the form of Sustainable Development Bonds worth $499 million, based on an exchange rate of 50.44 pounds to the dollar in February. The data underscores the growing role of Egypt's non-banking financial sector in supporting economic development, the FRA said. Attribution: Amwal Al Ghad English Subediting: Y.Yasser Download
