E-Bank’s market shares decline during 2022, despite large increase its financial portfolios

The performance of Export Development Bank of Egypt (E-Bank) market shares witnessed a collective decline during 2022 except for its market share in terms of both loans and financial investments which have seen a relative stability.

The bank’s market share in terms of assets declined to account for 0.80% of the total asset of the banking sector at 9M-22 compared to 0.88% at the end of 2021, losing about 0.08% of its total share.

However, the bank’s market share in terms of financial investments was stable standing at 0.55% of the total financial investments (securities) in the banking sector at Q3-22 which with an invisible change when compared to 2021.

However, the bank’s market share in terms of loans was relatively stable standing at 1.21% of the total loans of the banking sector at Q3-22 compared to 1.20% at the end 2021.

Furthermore, E-BANK’s market shares in terms of deposits also decreased to acquire 0.90% of the total loans of the banking sector at the end of last September, compared to 1% at the end of 2021 which was attributed to the decline in its market share in terms of individual deposits to 0.28 of the total retail deposits by the end of September 2022 compared to 0.30% by the end of 2021.