CBE: Net Foreign Assets of the Banking Sector Rise to $17.9 Billion by End of August 2025
Net foreign assets (NFA) in Egypt’s banking sector recorded a significant increase in recent months, reaching $17.9 billion in August 2025, up from $15 billion in June 2025, marking a cumulative rise of $3 billion, according to the latest official data.
This improvement was mainly driven by the surge in net foreign assets held by commercial banks, which jumped by $3.1 billion in July 2025 to reach $8 billion, the highest level since November 2014. However, it witnessed a slight decline in August, settling at $7.3 billion, compared to $4.9 billion in June 2025.
The cumulative increase of about $2.4 billion between June and August 2025 reflects an overall improvement in Egypt’s foreign currency resources, supported by a rise in remittances from Egyptians working abroad and increased foreign investments in government debt instruments.
Meanwhile, the Central Bank of Egypt’s own net foreign assets continued to rise for the fourth consecutive month, reaching $11.1 billion in September 2025, compared to $10.1 billion in June 2025.
