Bank ABC's investment trend by 2024-End: lending loans at the front and financial investments ranked second

The periodic statements of the Arab Banking Corporation Bank «ABC» for the fiscal year ending December 31, 2024 revealed an increase in the size of the bank’s asset portfolio with a growth rate of 20.1% and an increase of 13.94 billion pounds over the past year, recording 83.30 billion pounds by the end of 2024, compared to 69.37 billion by the end of 2023.

By monitoring the investment direction of Bnak ABC by the end of 2024, it becomes clear that: Bank ABC is working to pump and invest the largest percentage of its funds in granting loans and facilities to customers, at the expense of other indicators, and below we monitor the relative weight of those indicators at the end of last year.

Customer loans and facilities

The bank's net loans and customer facilities witnessed a noticeable increase in the portfolio's acquisition percentage, thus obtaining the largest percentage of the bank's assets with a relative weight of 36.7% at the end of 2024, compared to a relative weight of 30.8% of the bank's assets at the end of 2023.

The bank’s net portfolio of customer loans and facilities jumped at a growth rate of 43% and an increase of 9.19 billion pounds over the past year, reaching 30.58 billion pounds by the end of 2024, compared to 21.39 billion by the end of 2023.

Total financial investments The relative weight of the bank’s total financial investments witnessed a noticeable decline, but it ranked second in terms of its investment orientations with a rate of 26.6%, recording 22.13 billion pounds of the bank’s total assets at the end of 2024, compared to a relative weight of 30.8% of the total assets at the end of 2023.

Despite this, the bank’s total financial investment portfolio increased at a growth rate of 3.6% over the past year, reaching 22.13 billion pounds by the end of 2024, compared to 2,136 billion pounds by the end of 2023, achieving an increase of 775 million pounds.

Balances with banks

the relative weight of Bank ABC balances held by banks witnessed a marginal increase, obtaining the third largest relative weight of the bank’s total asset portfolio at 23.6% by the end of 2024, compared to a relative weight of 23.5% by the end of 2023.

The size of the bank balance portfolio jumped by about 20.3%, with an increase of 3.31 billion pounds over the past year, reaching 19.62 billion pounds by the end of 2024, compared to 16.31 billion by the end of 2023.

Cash and balances due to CBE

The relative weight of the "Cash and Balances with the Central Bank" portfolio ranked fourth within the bank’s investment orientation, at 9.8% of the bank’s total assets at the end of 2024, compared to a relative weight of 11.6% of the bank’s total assets at the end of 2023.

ABC's Cash and Balances due to CBE witnessed a slight increase of 1.3% over the past year, recording 8.13 billion pounds by the end of 2024, compared to 8.02 billion by the end of 2023.

Other assets

The relative weight of the bank’s total "other assets" recorded a relative increase, ranking fifth within the bank’s investment orientation, at 1.5% of the bank’s total assets at the end of 2024, compared to a relative weight of 1.4% of the bank’s total assets at the end of 2023.

The size of the bank’s other assets portfolio reached about 1.23 billion pounds by the end of 2024, compared to about 946 million by the end of 2023, achieving a growth rate of 30.3% over the past year.

Bank trends in the loan market

By shedding light on the items that make up the financing portfolio, we find that «ABC» Bank directs the largest percentage of its customers’ total loans to support institutions due to their high relative weight by the end of 2024.

Corporate Loans  

Corporste loans portfolio accounted for the largest percentage of the bank’s total customer loans and facilities portfolio, at a rate of 84.8% at the end of 2024, compared to a relative weight of 80.7% of the total customer loans and facilities portfolio at the end of 2023.

The Bank's total corporate loan portfolio jumped at a growth rate of 47.8%, achieving an increase of 8.99 billion pounds over the past year, to record 27.79 billion pounds by the end of 2024, compared to 18.80 billion by the end of 2023.

Retail loans

The relative weight of the bank’s individual loan portfolio witnessed a decline, obtaining 15.2% of the bank’s total customer loans and facilities by the end of 2024, compared to a relative weight of 19.3% of the bank’s total customer loans and facilities by the end of 2023.

Despite this, the size of the individual loan portfolio increased at a growth rate of 10.5% and an increase of 472 million pounds over the past year, reaching 4.98 billion pounds by the end of 2024, compared to 4.51 billion by the end of 2023.

To learn more about the Arab Banking Corporation Bank «ABC» and its most prominent achievements, click here.