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Egyptian Banks to Witness Thriving Influx of Deposits

Rapid mergers and acquisitions along with banking reforms have led to considerable progress in Egypt’s banking sector, which is expected to remain buoyant in coming years also.

 



(EMAILWIRE.COM, April 28, 2010 ) New Delhi, India - Our new research report “Egypt Banking Sector Analysis” says that the banking sector in the country is stable and highly efficient. On the back of rapid mergers and acquisitions as well as banking reforms, the sector has shown considerable progress in the recent past. The banks in the country have not only been efficient in lending activities but have also recorded noticeable growth in their deposits.

Moreover, the banks are expected to continue maintaining their growth in terms of deposits in the coming years. As per our estimations, the deposits with banks are projected to grow at a CAGR of 15% during our forecast period (FY2010-FY2014). The deposits in domestic currency will continue dominating the market, with household deposits accounting for majority of growth in total deposits.

“Egypt Banking Sector Analysis” is an outcome of extensive research and detailed study of the Egyptian banking sector. In this report, all the important performance indicators of the sector have been discussed in detail. For example, under “loans” section, the reports talks about the verticals like business, households, government and foreign sector loans. Moreover, it gives further segmentation of business loans by business activity: agriculture, industry, trade and services.

Moreover, it provides risk and capital assessment analysis accompanied with recent banking reform initiated by the central bank. The report also identifies emerging trends and potential areas such as E-banking, growing acceptance of payment cards, Islamic banking, and mortgage financing which will decide the future of the banking industry in the country.

Most importantly, the report also features forecast for each of the banking segment to provide better understanding of the industry. It analyzes the trend of macroeconomic factors critical for the banking sector and their impact on the sector. It has also identified the key players in the market and contained detail business description of these players. Therefore, it offers complete and unbiased analysis, which will prove decisive for our clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM155.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com

About RNCOS:

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.

Contact Information:
RNCOS
Shushmul Maheshwari
Tel: 91-120-4224-700
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