Egypt and global economy brief
Hisham Okasha: Egypt’s banking-sector financing totals EGP 12.6tn at end-June 2026
An RE brief based on a story published by Al Borsa on 10 November 2026.
Read the full story at the sourceThe story in brief
Hisham Okasha, CEO of Banque Misr, said total financing across Egypt’s banking system reached about 12.6 trillion EGP at the end of June 2026. Speaking at the “People and Banks” conference, he said private-sector financing grew alongside its deposits, and that financial inclusion reached 79%.
Key numbers
- 12.6 trillion EGP
- Total banking-system financing at end-June 2026
- 12%
- Growth in financing directed to the private sector
- 10%
- Growth in private-sector deposits
- 3.4 trillion USD
- Global digitalisation spending expected in 2026, according to IDC
- 19.4%
- Banking sector share of digitalisation spending
- 79%
- Financial inclusion rate