saib, the United Bank and EGBANK Top Listed Banks in focusing on Syndicated Loans by 2024-end

FirstBank List Of Listed Banks With The Highest Focus On Syndicated Loans At The End Of 2024, Revealed that saib topped the list with a concentration ratio of 31.90% of its total customer loans, amounting to EGP 65.929 bn, while its syndicated loan portfolio reached EGP21.033 bn.

The list unveils the investment orientations of 11 banks listed on the Egyptian Stock Exchange, specifically regarding syndicated loans, and is based on the criterion of (syndicated loans/total customer loans) to provide an indicator of the extent of concentration of the bank's customer loan portfolio in syndicated loans category. It is worth noting that Faisal Islamic Bank was absent from the list due to the unavailability of this category.

The United Bank acquired the second position, with a concentration of 22.38% of its total customer loans in syndicated loan portfolio, amounting to EGP 31.185 bn by the end of 2024, while its total customer loans reached EGP 6.980 bn during the same period.

EGBANK secured the third position on the list, as its syndicated loan portfolio accounted for 21.67% of its total customer loans, amounting to EGP 10.411 bn, while its syndicated loan portfolio reached EGP48.033 bn by the end of 2024.

As for the fourth position, it was obtained by SC Bank, with a concentration of 21.05% of its total customer loans in the syndicated financing portfolio, which amounted to around EGP 16.661 bn by the end of 2024, while its total customer loan portfolio reached EGP 79.167 bn during the same period.

CIB ranked fifth as its syndicated loans accounted for 20.53% of its total customer loans in the bank, totaling EGP 389.575 bn by the end of 2024, while its syndicated loan portfolio reached EGP79.964 bn during the same period.

It should be noted that the concentration percentages and values mentioned in the above analysis are based on separate announced financial statements of each bank by the end of 2024.