Faisal Islamic Bank of Egypt topped FirstBank list, after the banks total financial investments obtained the h

CIB,financial investments,FIB,total assets

Faisal Bank, EGBANK and CIB, Top listed banks in focusing on financial investments by end of 2022

FirstBank

Faisal Islamic Bank of Egypt topped FirstBank list, after the bank’s total financial investments obtained the highest relative weight of its total assets by 61.89%, to record EGP93.85 bn by end of 2022, while it recorded Total assets of EGP 151.64 bn by the end of the same period.

Egyptian Gulf Bank ranked second, after total financial investments acquired a relative weight of 41.78% of the bank’s total assets, as total financial investments recorded EGP 36.24 bn at the end of last year, while the total financial position recorded EGP 86.74 bn at the end of the same period.

 Commercial International Bank came in third place, by 37.59% of total financial investments, as the bank’s total financial investments recorded EGP 238.17 bn, while asset portfolio recorded EGP633.6 bn by the end of 2022.

QNB Al Ahli came fourth, with 36.67% of the bank’s total financial investments, recorded EGP 174.86 bn at the end of 2022, while total assets recorded EGP476.79 bn at the end of the same period.

alBaraka Bank occupied fifth place, by 36.29% of total financial investments, recorded EGP 31.65 bn at the end of 2022, while the bank’s total assets recorded EGP 87.22 bn at the end of the same period.

It should be noted that all ratios and values ​​mentioned above are according to separate financial statements announced for each bank by the end of 2022.

listed banks in focusing on Financial investments by end of 2022

# Bank Name Total Financial investments During 2022 Total assets During 2022 Focus Ratio%
1 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
93.848 Billion pounds 151.637 Billion pounds 61.89 %
2 EGBANK
EGBANK
36.236 Billion pounds 86.735 Billion pounds 41.78 %
3 Commercial International Bank-CIB
Commercial International Bank-CIB
238.169 Billion pounds 633.643 Billion pounds 37.59 %
4 Qatar National Bank-QNB
Qatar National Bank-QNB
174.86 Billion pounds 476.792 Billion pounds 36.67 %
5 alBaraka Bank Egypt
alBaraka Bank Egypt
31.654 Billion pounds 87.224 Billion pounds 36.29 %
6 Suez Canal Bank
Suez Canal Bank
24.618 Billion pounds 74.667 Billion pounds 32.97 %
7 Housing and Development Bank-HDB
Housing and Development Bank-HDB
29.644 Billion pounds 103.632 Billion pounds 28.61 %
8 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
26.913 Billion pounds 96.724 Billion pounds 27.82 %
9 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
30.891 Billion pounds 115.516 Billion pounds 26.74 %
10 SAIB BANK
SAIB BANK
22.377 Billion pounds 86.076 Billion pounds 26 %
11 Credit Agricole Egypt
Credit Agricole Egypt
13.106 Billion pounds 75.112 Billion pounds 17.45 %