Egypt’s Banking Sector Net Foreign Assets Rise to $31.2 Billion

Net foreign assets in Egypt’s banking sector rose to $31.2 billion in August 2026, according to data from the Central Bank of Egypt.

The figure was the highest recorded since January 2020, marking a multiyear high for the sector’s net foreign asset position.

Net foreign assets measure the difference between foreign assets held by the banking sector and its foreign liabilities. A positive balance means those assets exceed the corresponding liabilities.

The sector-wide measure is distinct from the central bank’s official foreign reserves. The summary of the data did not specify the size of the increase or provide a breakdown of what drove it.