Attijariwafa Bank Egypt sees varied performance in terms of market shares in 2022

The performance Attijariwafa Bank Egypt’s market shares varied during the past year; the bank’s market shares in terms of deposits, loans, assets, retail loans increased while its market share in terms of retail deposits and financial investments declined.

Attijariwafa Bank’s market share in terms of assets market slightly increased by 0.01% to acquire 0.55% of the total assets of the banking sector at the end of September 2022, compared to 0.54% at the end of 2021.

The bank’s market share in terms of deposits slightly increased by 0.02% account for 0.61% of the total deposits of the banking sector at Q3-22 compared to 0.85% at the end of 2021.

Despite Attijariwafa Bank’s success in increasing its share in the deposit market, its market share in terms the retail deposit declined to 0.45% of the total retail deposits of the banking sector at the end of September 2022, compared to 1.88% at the end of 2021.

However, its market share in terms of loans also increased to stand at 0.82% of total loans of the banking sector at the end of Q3-22 compared to 0.79% at the end of 2021.

In addition, the bank’s market share in terms of retail loan witnessed a relative increase, as it accounted for 0.95 %of total retail loans in the banking sector at the end of September 2022, compared to 0.94% at the end of 2021.

Moreover, the bank’s market share in terms of financial investments declined to account for 0.49% of the total financial investments (securities) in the banking sector at Q3-22 compared to 0.75% at the end of 2021.