The increase was supported by higher net foreign assets at commercial banks operating in the country, which climbed to about $12.4 billion in December, compared with $11.8 billion in November 2025.
In a significant move that underscores Banque Misr's leadership and strong standing in the Egyptian banking sector, the bank has entered into a strategic cooperation agreement with Moody’s
This growth reflects a surge across all key components of the sector, including Islamic banks' assets, sukuk issuances, and other Sharia-compliant financial products.
The deterioration was driven by a sharp expansion in the trade deficit and a contraction in the services surplus
Among the banks implementing the changes are the National Bank of Egypt (NBE), Commercial International Bank (CIB), and Arab African International Bank (AAIB).
