Base Page Information

Base Page Information
Country		EGYPT
Data category		Analytical Accounts of the Banking Sector

Contact person		Mr. Ahmed Salah Abd El Hamid
Organization		Central Bank of Egypt Bank Control Department
Phone Number		(202) 3934879
Fax Number		(202) 3939689
E-mail		banking_control@cbe.org.eg

Dissemination formats:
Hardcopy			News release
			Weekly	Monthly	X	quarterly bulletin
			Other

Electronic	X		On-line country bulletin board or database
			Diskette	CD ROM		Other
Summary Methodology Access to Egypt’s Statistics

Summary Methodology Page
Data category		Analytical Accounts of the Banking Sector
National descriptor		CBE - Bank Control Department

Contact person		Mr. Ahmed Salah Abd El Hamid
Organization		Central Bank of Egypt
Phone Number		(202) 3934879
Fax Number		(202) 3939689
E-mail		Banking_control@cbe.org.eg

I.	Analytical framework, concepts, definitions, and classifications (including reference to applicable guidelines)
	The published data are based on the consolidated balance sheet of banks registered with the CBE. These banks include commercial, business & investment and specialized banks, in addition to the CBE. Deposits and credit included in this balance sheet are classified by sector and currency.
II.	Scope of the data (coverage of, e.g., institutional units, transactions and stock, commodities, industries, and geographic areas)
	Institutional units, type of activity, currency-wise classification. Data are on stock basis.
III.	Accounting conventions (e.g. time of recording, valuation methods)
	End of the month position follows the International Accounting Standards. Assets/liabilities items in foreign currencies are converted into LE, using the free market buying rate at the end of the month.
IV.	Nature of the basic data (e.g., administrative records, surveys censuses, combinations of these)
	Administrative records
V.	Compilation practices (e.g., weighting schemes, imputation methods, balancing/cross-checking techniques)
	Balancing of assets and liabilities. Individual banks’ accounts are published on quarterly and annual basis. Aggregation for all banks could be cross-checked with the aggregate monetary account.
VI.	Other aspects (e.g., seasonal adjustment, disclosure avoidance, base years, reference years, transformations from fiscal to calendar years)
	Data are final and revised on monthly basis.

The Data: Coverage, Periodicity, and Timeliness

Coverage characteristics

In millions of Egyptian pounds, covering the CBE, commercial, business and investment, and specialized banks. Monetary aggregates, domestic claims on public & private sectors and external position (net).

Periodicity

Monthly

Timeliness

One month for preliminary data, 7 weeks for revised more detailed data.

Access by the Public

Advance dissemination of
release calendar

An advance release calendar giving one-quarter-ahead notice of the approximate release date and then a week-ahead notification of the precise release date is disseminated on the Internet on the IMF's Dissemination Standards Bulletin Board at……..

Simultaneous release to all
interested parties

Data are initially released to the public via the CBE’s website: (http://www.cbe.org.eg). A notice to this effect is published in the CBE's monthly Statistical Bulletin. These data are also disseminated in the said Bulletin, the quarterly Economic Review, and the Annual Report. These documents are available freely by the CBE, either by subscription or distribution.

Integrity

Dissemination of terms and
conditions under which
official statistics are
produced, including ...
confidentiality of individual
responses

Data are collected by the CBE in accordance with the Central Bank and Banking System Law (No. 88, 2003) issued in June 2003, and includes a section that provides confidentiality to both banks and their clients.
The Central Bank and Banking System Law (No. 88, 2003) is available in Arabic, and a copy can be downloaded from the CBE website at: (http://www.cbe.org.eg)

Data are published by the CBE as a public service.

Identification of internal
government access to data
before release

There is no internal government access to data prior to release.

Identification of ministerial
commentary on the occasion of
statistical releases

There is no ministerial commentary on the occasion of statistical releases.

Provision of information
about revision and advance
notice of major changes in
methodology

The data are preliminary figures when first released and are subject to revision. The final data will be released on the next month.
Changes in methodology are noted at the time of dissemination on the Central Bank of Egypt website: (http://www.cbe.org.eg).

Quality

Dissemination of
documentation on methodology
and sources used in preparing
statistics

Brief explanatory notes are in the CBE's monthly Statistical Bulletin, Annual Report and the quarterly Economic Review.
(See also summary methodology)

Dissemination of ... that
support statistical cross-
checks and provide assurance
of reasonableness

The CBE's monthly Statistical Bulletin, Annual Report and the quarterly Economic Review
provide multiple tables of the Central Bank and banking sector accounts.

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics	In millions of Egyptian pounds, covering the CBE, commercial, business and investment, and specialized banks. Monetary aggregates, domestic claims on public & private sectors and external position (net).
Periodicity	Monthly
Timeliness	One month for preliminary data, 7 weeks for revised more detailed data.
Access by the Public
Advance dissemination of release calendar	An advance release calendar giving one-quarter-ahead notice of the approximate release date and then a week-ahead notification of the precise release date is disseminated on the Internet on the IMF's Dissemination Standards Bulletin Board at……..
Simultaneous release to all interested parties	Data are initially released to the public via the CBE’s website: (http://www.cbe.org.eg). A notice to this effect is published in the CBE's monthly Statistical Bulletin. These data are also disseminated in the said Bulletin, the quarterly Economic Review, and the Annual Report. These documents are available freely by the CBE, either by subscription or distribution.
Integrity
Dissemination of terms and conditions under which official statistics are produced, including ... confidentiality of individual responses	Data are collected by the CBE in accordance with *the Central Bank and Banking System Law (No. 88, 2003)* issued in June 2003, and includes a section that provides confidentiality to both banks and their clients. *The Central Bank and Banking System Law (No. 88, 2003)* is available in Arabic, and a copy can be downloaded from the CBE website at: (http://www.cbe.org.eg) Data are published by the CBE as a public service.
Identification of internal government access to data before release	There is no internal government access to data prior to release.
Identification of ministerial commentary on the occasion of statistical releases	There is no ministerial commentary on the occasion of statistical releases.
Provision of information about revision and advance notice of major changes in methodology	The data are preliminary figures when first released and are subject to revision. The final data will be released on the next month. Changes in methodology are noted at the time of dissemination on the Central Bank of Egypt website: (http://www.cbe.org.eg).
Quality
Dissemination of documentation on methodology and sources used in preparing statistics	Brief explanatory notes are in the CBE's monthly Statistical Bulletin, Annual Report and the quarterly Economic Review. (See also summary methodology)
Dissemination of ... that support statistical cross- checks and provide assurance of reasonableness	The CBE's monthly Statistical Bulletin, Annual Report and the quarterly Economic Review provide multiple tables of the Central Bank and banking sector accounts.