Egypt the Industrial Sector Loans Rose by EGP 1.6 BillionSource: www.export-egypt.com 7/17/2012, Location: Africa |
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Egypt's central bank has said financing from banks to the country's industrial sector rose by EGP1.6 bn to a total of EGP 155bn in April 2012, compared with EGP 153.4bn in the previous month, the Daily News Egypt has reported. Loans in Egyptian pounds during the month rose to EGP 102.3bn, compared with EGP 101.5bn in March, and those in foreign currency also climbed to EGP 52.7bn as opposed to EGP 51.9bn in March, the central bank said.
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