The Central Bank revealed in a report issued on the settlement of 6,910 million transactions through the check clearing room in Egyptian pounds worth 2,945 trillion pounds during the period from January to August 2025.
The settlements were divided into EGP 345.276 billion in January, EGP 335.750 billion in February, EGP 357,488 billion in March, EGP 354,253 billion at the end of April, EGP 370,636 billion at the end of May, EGP 361,997 billion in June, EGP 434,534 billion in July and EGP 870,129 billion in August.
The Central Bank, headed by Governor Hassan Abdullah, said that 10,270 million transactions were settled through the check clearing room in Egyptian pounds worth 3,580 trillion pounds during the period from January to the end of December 2024.
The Central Bank manages and operates the cheque clearing system in Egyptian Pounds, US Dollars and Euros only currently within the Arab Republic of Egypt, and supervises and regulates the clearing operations and address the problems related to them, and take appropriate measures in them, and determine the net balances resulting from this process at a specific time for three separate currencies, and then execute settlement orders on the real-time settlement system, where about 50,000 cheques are traded daily.
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