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FINANCIAL NEWS
Egypt’s industrial sector obtains 28 percent of loans
19 Jun 2016
(MENAFN) The industrial sector acquired 27.97 percent of the whole loans taken by banks to customers in the public and private sectors in March 2016.
Furthermore, the sector also acquired 34.2 percent of the whole foreign currency loans, and 25.11 percent of regional currency loans.
Additionally, the sector is the most important engine for economic increase, which also grows employment rates and the foreign exchange of export incomes.
Meanwhile, the increase in the volume of loans valued USD5.37bn in March, reaching USD95.19bn in all.
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