Wed/March 26/2025 – 12:45 PM
Egyptian banks continue to replace the funds used with a new one on the occasion of Eid Al -Fitr, where the Central Bank of Egypt is keen to pump new money on holidays as a kind of joy to citizens as a result of the use of these funds in social occasions and Eid.
Offering new money in banks to citizens
According to more than one banking source with a number of banks operating in Egypt for Cairo 24, banks received their shares from the Central Bank of Egypt from the new money and put them in various branches and allow their replacement to citizens by granting them new money and obtaining the old other.
She added that the ATM machines were fed in large quantities of new money, whether for small groups, which start from 10, 20 and 50 pounds, which have custom machines or large groups such as 100 and 200 pounds to be accessible to citizens until the deadline for banks tomorrow, Thursday.
About 37 banks operate in Egypt, who own ATM automatic airways at 24.862 thousand machinery according to the report of the Central Bank of Egypt at the end of 2024, compared to 23.275 thousand machinery at the end of 2023, with a growth rate of 6.82%, and a total increase of 1.587 thousand machinery.
The number of credit cards jumped by about 12.11% during the past year, to 6.323 million cards by the end of 2024, compared to 5.640 million cards by the end of 2023, which represents an increase of 682.893 thousand cards.
The number of points of sale in the banking sector rose to 227.978 thousand points at the end of 2024, compared to 212.705 thousand machinery by the end of 2023, with a growth rate of 7.18%, and an increase of 15.273 thousand machinery.
The number of paid cards increased to 33.509 million cards at the end of last December, compared to 32.149 million cards by the end of 2023, with a growth rate of 4.23%.
The number of debit cards in the banking sector jumped about 4.20% during the past year, to reach 26.403 million cards at the end of last December, compared to 25.338 million cards by the end of 2023.
