aiBank sees varied performance in terms of market shares in 2022

The performance of the Arab Investment Egypt-aiBank’s market shares has varied during the past year; the bank’s market shares in terms of, financial investments loans increased while its market share in terms of assets, deposits declined

The bank’s market share in terms of financial investments increase to account for 0.48 % of the total financial investments (securities) in the banking sector by the end Q3-22 compared to 0.41% at the end of 2021.

Arab Investment Bank’s market share in terms of assets market decline by0.49% of the total assets of the banking sector at the end of September 2022, compared to 0.53% at the end of 2021.

In addition market shares in terms of loans also increase to acquire 0.57% of the total loans of the banking sector at the end of September, compared to 0.37% at the end of 2021, increase about 0.20% of its total share.

Thus, the Increase in the bank has seen in its market share in terms of loans was attributed to leap in its market share of retail loans which stood at 0.70% of total loans of the banking sector at Q3-2022, compared to 0.63% by the end of 2021

However, the bank’s market share in terms of deposits slightly decline by 0.57% of the total deposits of the banking sector at Q3-22 compared to 0.53% at the end of 2021.

The decline that the bank witnessed in its market share in terms deposits was attributed to the slump in its market share in terms of retail deposits which decreased to stand at 0.25% of the total retail deposits of the banking sector at the end of Sep 2022 compared to 0.56% at the end of 2021