EBank, Faisal Islamic Bank, and SC Bank top best listed banks in asset coverage ratio for deposits by March 2025-End

First Bank list of the best banks listed on the Egyptian Stock Exchange in terms of asset coverage rate for deposits at the end of March 2025 revealed that the Egyptian Export Development Bank «EBank» topped, after its asset coverage rate for deposits reached 140.7%, as the volume of its assets reached EGP 184.23 bn, while the volume of its deposits recorded EGP 130.90 bn by the end of March 2025.

The list, which included all 12 banks listed on the Egyptian Stock Exchange, showed that all banks enjoyed strong rates of covering their customers’ deposits by the end of March 2025.

The asset coverage index for deposits expresses the ability of banks to cover their customers’ deposits using their asset portfolios, and is classified according to the rate (assets/deposits) × 100.The higher the value of the rate, the more this indicates a high level of security that the bank provides to its depositor customers of various segments.

Returning to the list, Faisal Islamic Bank of Egypt took second place, with an asset coverage rate for deposits of 134.3%, after the size of its asset portfolio reached EGP 245.14 bn, while the size of its clients’ deposit portfolio recorded EGP 182.49 bn at the end of March 2025.

Suez Canal Bank ranked third with an asset coverage rate for deposits of 134.29%, as the volume of its assets reached EGP 203.20 bn at the end of March 2025, while the volume of its deposits reached EGP 151.32 bn at the end of the same period.

Credit Agricole Bank-Egypt occupied fourth place with a coverage rate of 133.8% at the end of March 2025, as the bank’s assets reached EGP 126.93 bn, while its deposit portfolio recorded EGP 94.88 bn at the end of the same year.

As for fifth place, it went to the Housing and Development Bank, with an asset coverage rate for deposits of 131%, after the bank’s assets recorded EGP 176.81 bn, while its customer deposit portfolio recorded EGP 135.02 bn at the end of March 2025.

It should be noted that all values and coverage rates mentioned in the above analysis are in accordance with the independent financial statements announced for each bank at the end of March 2025.