Egypt's Suez Canal revenues surge 20.7% in FY2021/2022 – official    Gold prices in Egypt on July 3    Egypt introduces first beach for visually-impaired guests in Alexandria    Egypt's athlete Basma Emad wins bronze in weightlifting in Mediterranean Games    Gold prices in Egypt on July 3    Saudi citizens could enter Schengen countries visa-free    Egypt's Petrojet returns to Libyan oil sector after 11 years    Cemex, VeryNile sign deal for Egypt's Nile River    NATO remarks Egypt's role in maintaining stability in Middle East and Africa    Congo needs Egypt's expertise to diversify its economy – FPI official    Dostarlimab drug cures rectal cancer patient 100%, trials show    Egypt: A royal train turns into a new tourism attraction    For the first time John Legend to perform in Egypt    Egypt discovers newly treasure trove of ancient artifacts at Saqqara Necropolis    Noura Al-Mutair – first Gulf female boxer in World Championships    Liverpool fans: "You'll Never Walk Alone" to Cristiano Ronaldo    Egypt to play key role in integrating water, climate issues globally – World Bank official    Maha karara joins AAIB as Head of Corporate Communications, Sustainability    Egypt works on charting cooperation strategies with international institutions for 5 years: Al-Mashat    Over 2.4 million newborns examined for hearing impairment: Health Ministry    Netflix releases trailer of Arab adaption of 'Perfect Strangers' film    Balqees to headline concert celebrating launch of streaming giant LIVENow in MENA    Sawsan Badr to be honoured at Aswan Women Film Festival    MP Abdel Hady Al-Qasby calls government to facilitate and support NGOs    Al-Sisi follows up on 'Great Transfiguration Project' in St. Catherine    Cairo, London stress need to strengthen cooperation to face climate change    Foreigners account for 22.6% of Egypt's T-bills issuances in 1H 2021: CBE    Egypt's ambassador to Italy passes away    Egypt confirms readiness to help African countries face terrorism and extremism    An estimated 235 million people needed humanitarian assistance and protection in 2021, an increase of 40% compared to 2020: IOM Egypt    Egypt, DRC discuss water cooperation during WYF    Egypt, DR Congo discuss boosting bilateral cooperation during WYF    Cameroonian police probe assault on three Algerian journalists covering AFCON    Pharaohs start AFCON 2021 campaign with fierce clash against Nigeria    Foreign Ministry opens capacity building course for French-speaking African diplomats    Egypt's trade with Nile basin countries climbs 26% y-o-y in 9 months    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

CBE's assets increase to EGP 2.412trn in November 2021
According to the CBE's financial position report for November, the bank's balances increased to EGP 312.8bn in November, up from the EGP 289.574bn recorded in June.
Published in Daily News Egypt on 01 - 01 - 2022

The total assets of the Central Bank of Egypt (CBE) increased to EGP 2.412trn in November 2021, up from the EGP 2.028trn recorded in June, marking an 18.9% increase.
According to the CBE's financial position report for November, the bank's balances increased to EGP 312.8bn in November, up from the EGP 289.574bn recorded in June.
The bank's share in the capital of international financial institutions also increased from EGP 10.844bn in June to EGP 11.009bn in November.
Additionally, the report revealed that the CBE pumped EGP 242m into the capital of several affiliated companies during the past five months, bringing its total shares up to EGP 22.202bn by the end of November, compared to June's EGP 21.960bn.
Furthermore, the CBE's gold reserves increased to EGP 66.078bn by the end of November, up from the EGP 64.208bn recorded in June, registering a growth rate of 2.9%.
The bank's balances in the International Monetary Fund also increased from June's EGP 9.326bn by a whopping 422.7% to EGP 48.751bn in November.
All in all, the value of the CBE's capital stabilised at EGP 21.6bn by the end of November; while its reserves increased by 41%, reaching EGP 121.611bn, up from June's EGP 86.235bn.

Clic here to read the story from its source.