EGP 911.5bn in total financing provided by FRA-regulated entities in 2024: Chairperson

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FRA-regulated entities in Egypt provided a total of EGP 911.5 billion in financing in 2024, fueling economic growth and investment.

24.02.25 | Source: Daily News Egypt

Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), unveiled key performance indicators for the non-banking financial sector, reporting that total financing granted by FRA-regulated entities reached approximately EGP 911.5bn in 2024. This marks a 2% increase from EGP 893.5bn in 2023.

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