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2026-10-01T15:02:54.000Z

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Banking sector's foreign assets hit six-year high

Banking sector's foreign assets hit six-year high

The Central Bank of Egypt announced that the net foreign assets of the banking sector increased to $31.2 billion in August 2026, marking the highest level since January 2020, reflecting the strength and stability of the national economy. Foreign bank assets amounted to $12.4 billion, while the Central Bank's assets stood at $18.8 billion during the same period.

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