Ahmed Kamel – Egypt Daily News
Egypt’s banking sector recorded a historic rise in net foreign assets, reaching approximately $20.783 billion (around EGP 996.1 billion) by the end of September 2025. This marks a significant increase from $17.884 billion (EGP 870.4 billion) recorded at the end of August.
The surge continues a trend that began in May 2024, when net foreign assets turned positive for the first time in months, reaching a surplus of EGP 676.4 billion. This came after a deficit of EGP 174.4 billion in April 2024. Prior to that, the last surplus had been recorded in January 2022, amounting to EGP 9.674 billion.
The total foreign assets of Egypt’s banking sector including both the central bank and commercial banks—reached EGP 4.318 trillion by September, up from EGP 4.216 trillion in August. Meanwhile, total liabilities slightly declined to EGP 3.322 trillion from EGP 3.345 trillion the previous month, further contributing to the net assets increase.
Analysts note that the sharp rise in net foreign assets reflects improving liquidity and enhanced foreign currency reserves within the banking system, signaling stronger financial stability and bolstering confidence in Egypt’s macroeconomic framework.
This historic jump underscores the resilience of Egypt’s banking sector amid regional and global economic challenges and positions the country to better manage foreign exchange pressures while supporting domestic economic growth.
