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EGP 108.89 trillion is the value of real-time settlements between banks over the past five months:CBE

18/06/2025 03:11 PM

Al MAl-


The Central Bank of Egypt revealed significant activity in interbank payments in local currency via the Real-Time Gross Settlement System (RTGS) during the first five months of 2025, reaching a total value of EGP 108.89 trillion, with 1.055 million transactions.
The Central Bank explained in detailed data that January saw 211,170 transactions worth EGP 23.139 trillion, followed by February with 209,099 transactions worth EGP 20.443 trillion. The first quarter concluded with strong activity in March, with 217,007 transactions worth EGP 25.408 trillion.
April saw a value of EGP 22.014 trillion, with 202,904 transactions, and May saw transactions worth EGP 17.884 trillion, with 214,852 transactions. The Real-Time Gross Settlement System (RTGS) is the vital infrastructure for the immediate and final settlement of large and highly important payments between banks within the country. This system is of paramount systemic importance due to its pivotal role in facilitating the movement of cash and reducing systemic risks in the banking sector, thus enhancing the overall efficiency of the national economy.

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