Egyptian Banks Continue to Intensify their Lending Activities

Noida, India (PressExposure) December 18, 2009 -- As per our recently released industry report “Egypt Banking Sector Analysis”, when all the major economies of the world have been adversely hit by the financial crisis, the banking industry in Egypt has remained largely stable, reflecting its relative isolation from and resilience to the global crisis. Unlike other economies where banks are limiting their credit growth or even have stopped lending to certain segments at all, Egyptian banks have significantly intensified their lending activity.

Credit facilities provided to the business segment contributed to the majority of bank loans. However, foreign sector loans are experiencing rapid expansion on account of rise in loans to the private business segment, mostly to the trade sector in foreign currency. In future, banks are expected to further improve their lending activity with rising demand for loans from domestic as well as foreign sector. Bank loans are expected to grow at a CAGR of about 13% during the period spanning from 2009-10 to 2013-14.

Apart from bank loans, the report has ample of information about bank deposits, current industry trends like e-banking, payment cards, Islamic banking and mortgage financing . It has also covered the banking reforms, risk & capital assessment and key industry players to enable clients understand the direction in which the industry is likely to move in coming years. The report also features forecast for all important segments of loans, deposits and assets. Additionally, the report also analyzes the pattern of macroeconomic variables and their impact on the banking sector.

“Egypt Banking Sector Analysis” contains extensive information, reliable data, comparable figures and deeply researched analysis of the banking sector in Egypt. The report also discusses each of the banking performance indicators in-detail. For example, under “loans” section, the reports talks about each of the verticals like business, households, government and foreign sector loans. Moreover, it has further segmented business loans by business activity: agriculture, industry, trade and services.

For FREE SAMPLE of this report visit: []


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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Press Release Submitted On: December 18, 2009 at 12:27 am
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