CAPMAS: Egypt Witnesses Decline in Bills of Protest and Bankruptcy Cases in 2025
The Central Agency for Public Mobilization and Statistics (CAPMAS) released its annual bulletin on bills of protest (Protesto) and bankruptcy rulings for the year 2025 today, Wednesday, July 15, 2026. The statistical findings indicate a general downward trend in both defaulted financial papers and declared bankruptcy cases across the country compared to 2024.
I. Paid Bills of Protest (Protesto)
Paid protesto cases—representing drafted bills of exchange or promissory notes that were initially protested but subsequently paid—saw a notable decrease in both volume and value:
Case Volume: Dropped to 714 cases in 2025, compared to 821 cases in 2024, marking a 13% decline.
Debt Value: Totaled EGP 13.8 million in 2025, down from EGP 16.4 million in 2024, reflecting a 15.5% reduction.
Geographical Distribution of Paid Cases:
By Volume: Cairo Governorate ranked first with 213 cases (30%), followed by the Red Sea with 130 cases (18%), and Menofia with 77 cases (11%).
By Debt Value: Cairo topped the list at EGP 4.6 million (33%), followed by Menofia at EGP 1.8 million (13%), and Gharbia at EGP 1.4 million (10%).
II. Unpaid Bills of Protest (Non-Payment)
The number of protested bills that remained unpaid also witnessed a positive decline:
Case Volume: Fell to 2,904 cases in 2025, down from 3,290 cases in 2024, representing a 12% decrease.
Geographical Distribution of Unpaid Cases:
By Volume: Beheira registered the highest number of unpaid cases at 478 (16.4%), followed closely by Cairo at 453 cases (16%), and Gharbia with 397 cases (14%).
By Debt Value: Beheira held the overwhelming majority of unpaid debt value, recording EGP 38.9 billion (74%). Cairo came in second at EGP 7.4 billion (14%), followed by Giza at EGP 5.4 billion (10.2%).
III. Bankruptcy Rulings
The annual report highlighted a sharp decrease in formal bankruptcy declarations during 2025:
Rulings: Only 2 bankruptcy judgments were issued in 2025, compared to 6 cases in 2024, showing a decrease of 4 cases.
Declared Bankruptcy Debt: Settled at EGP 70.3 million in 2025, down from EGP 120.2 million in 2024, translating to a substantial decrease of EGP 49.9 million.