Egypt – EGP 55 B ins investment in treasury bills
Tuesday, 09 18 2018, Category: Insurance and Reinsurance, Country: Egypt
The investments of insurance companies reached EGP 55.3 billion at the end of July 2018 compared to EGP 53.4 billion in the end of last month, which represents a 3.5% increase.
The monthly publication of the Egyptian central bank clarified that the public sector insurance companies represent 91.9% pf the investments of the insurance sector in treasury bills and reached EGP 50.683 billion compared to EGP 49.203 billion at the end of the last month of June.
Source: Amwal Al Ghad