{"id":562421,"date":"2021-05-24T03:36:19","date_gmt":"2021-05-24T03:36:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/"},"modified":"2021-05-24T03:36:19","modified_gmt":"2021-05-24T03:36:19","slug":"net-foreign-assets-at-banks-dip-in-march","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/","title":{"rendered":"Net foreign assets at banks dip in March"},"content":{"rendered":"

<\/a> Net foreign assets (NFAs) in <\/strong>Egypt\u2019s banking sector dipped 13.7% m-o-m in <\/strong>March<\/strong> to reach USD 17.70 bn<\/strong>, from a record high of USD 20.50 bn in February, according to Central Bank of Egypt data<\/sup>. The banking sector\u2019s NFAs nosedived 45% m-o-m in March 2020 when the beginning of the pandemic prompted investors to pull a record USD 83 bn from EMs that month alone. Net foreign liabilities at commercial banks inched up 3.2% m-o-m in March to USD 20.05 bn, from USD 19.43 bn at the end of February.<\/p>\n","protected":false},"excerpt":{"rendered":"

Net foreign assets (NFAs) in Egypt\u2019s banking sector dipped 13.7% m-o-m in March to reach USD 17.70 bn, from a record high of USD 20.50 bn in February, according to Central Bank of Egypt data. The banking sector\u2019s NFAs nosedived 45% m-o-m in March 2020 when the beginning of the pandemic prompted investors to pull […]<\/p>\n","protected":false},"author":1,"featured_media":562422,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7206],"tags":[204,271,104,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-banking","tag-central-bank-of-egypt","tag-economy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"cd68b019-f9b8-47df-8144-410f9ba5cea2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/5\/204.jpg","photo_position":"above","related_issue":[562415],"teaser":"","voice_url":""},"yoast_head":"\nNet foreign assets at banks dip in March - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net foreign assets at banks dip in March\" \/>\n<meta property=\"og:description\" content=\"Net foreign assets (NFAs) in Egypt\u2019s banking sector dipped 13.7% m-o-m in March to reach USD 17.70 bn, from a record high of USD 20.50 bn in February, according to Central Bank of Egypt data. The banking sector\u2019s NFAs nosedived 45% m-o-m in March 2020 when the beginning of the pandemic prompted investors to pull […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-24T03:36:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/204.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Net foreign assets at banks dip in March\",\"datePublished\":\"2021-05-24T03:36:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/\"},\"wordCount\":91,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/204.jpg?fit=%2C&ssl=1\",\"keywords\":[\"banking\",\"Central Bank of Egypt\",\"economy\",\"EnterpriseAM\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/net-foreign-assets-at-banks-dip-in-march\/\",\"name\":\"Net foreign assets at banks dip in March - 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