Non-performing loans in Egypt’s banks drop to 3.9% end-June
Published 19 Sep,2020 via Daily News Egypt - Non-performing loans in banks working in the Egyptian market decreased to 3.9% of the total loan portfolio at the end of June 2020, compared to 4.1% at end-March, according to a report by the Central Bank of Egypt (CBE).
The quarterly report monitors the financial health indicators of banks working in the local market.
In addition to the non-performing loans at banks, the CBE report recorded the most important indicators affecting the financial soundness of banks operating in the Egyptian market.
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