Faisal Islamic Bank Leads Banks in Egypt in terms of capital adequacy ratio

Faisal Islamic Bank-Egypt topped First Bank list of the top banks in capital adequacy ratio at the end of last September, at a rate of 31.93%.

In general, Faisal bank enjoys an advanced position on the financial soundness index; as its leverage ratio recorded 11.62% at the end of last September, exceeding the regulatory limit set by the Central Bank of Egypt in accordance with Basel decisions, which reached 3%.

The ratio of non-performing loans to total loans reached 3.3% at the end of the third quarter of 2022, compared to the banking sector average of 3.2% at the end of the same period.

However, the assets to deposits ratio reached 121.96% by the end of September 2022; after its asset portfolio recorded EGP141.69 billion and its deposit portfolio reached EGP 116.18 billion at the end of the same period.