Egypt Banking & Financial Services Q4 2018
The Egyptian banking sector has emerged from a period of significant economic and political upheaval over recentyears, and continued growth in the market generally demonstrates its robust position. The country is now in a more stable conditionand though there remain a number of risks related to the country's precarious economic recovery, opportunities for expansiondo exist in light of high rates of loans growth and a massive unbanked population, particularly outside the main cities. While high risk,loans to SMEs and microfinance are also areas of development in a banking system that currently records relatively low levels ofnon-performing loans and a high level of liquidity.
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