First Bank list of most focused in personal loans in Egypt

Alex Bank manages a large portfolio of personal finance, reached EGP 26.9 bn at the end of last September, after it increased by 6.08% during the first 9 months of 2022.

Personal loans are considered the most contributing to bank financing during the first 9 months of last year, personal loans portfolio recorded 46.82% of the total loans portfolio by the end of the third quarter of 2022.

Alexandria and Delta acquire the majority of the personal finance portfolio, with a share of 44.90% of total personal loans by the end of the third quarter of 2022, EGP 12.09 bn, compared to EGP11.54 bn by the end of 2021, achieving a growth rate of 4.70%. an increase of EGP542.56mn.

While Greater Cairo sectors share recorded 30.78% of total personal loans portfolio, after it recorded EGP8.29 bn at the end of September 2022, compared to EGP 7.63 bn at the end of 2021, achieving a growth rate of 8.64%, and an increase of EGP659.2 mn.