Egyptian Investment Funds Grow 14.7% as Moroccan Banks Pass Stress Tests

The Egyptian General Authority for Financial Supervision released its Q2 2026 performance report for investment funds. Net assets of the sector reached 470.9 billion Egyptian pounds, up 14.7% from the end of March, with total assets under management rising to about 479 billion pounds. The number of funds increased to 224, including 15 newly launched products, and the volume of fund documents climbed to 44.04 billion, of which individuals hold 74.7%. Average returns for sector‑focused funds were 18.82%, with thematic funds close behind at 18.78%.

Separately, a stress‑testing exercise conducted by Bank of Morocco and the Moroccan Capital Market Authority examined the eight largest banks under three macro‑economic scenarios for 2025‑2027. The banks maintained strong capital buffers, with an average solvency ratio projected at about 15.2% by the end of 2027. Under the baseline scenario, non‑performing loan ratios stay near 9.8%; even in the severe scenario they rise only modestly, prompting modest increases in provisions. The results indicate that Moroccan banks are well‑positioned to absorb potential inflationary, supply‑chain and climate‑related shocks.