Faisal Bank, EGBANK and CIB, Top listed banks in focusing on financial investments by end of 2022
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 |
93.848 Billion pounds | 151.637 Billion pounds | 61.89 % |
| 2 |
EGBANK |
36.236 Billion pounds | 86.735 Billion pounds | 41.78 % |
| 3 |
Commercial International Bank-CIB |
238.169 Billion pounds | 633.643 Billion pounds | 37.59 % |
| 4 |
Qatar National Bank-QNB Al Ahli |
174.86 Billion pounds | 476.792 Billion pounds | 36.67 % |
| 5 |
alBaraka Bank Egypt |
31.654 Billion pounds | 87.224 Billion pounds | 36.29 % |
| 6 |
Suez Canal Bank |
24.618 Billion pounds | 74.667 Billion pounds | 32.97 % |
| 7 |
Housing and Development Bank-HDB |
29.644 Billion pounds | 103.632 Billion pounds | 28.61 % |
| 8 |
Export Development Bank of Egypt-EBank |
26.913 Billion pounds | 96.724 Billion pounds | 27.82 % |
| 9 |
Abu Dhabi Islamic Bank-ADIB Egypt |
30.891 Billion pounds | 115.516 Billion pounds | 26.74 % |
| 10 |
SAIB BANK |
22.377 Billion pounds | 86.076 Billion pounds | 26 % |
| 11 |
Credit Agricole Egypt |
13.106 Billion pounds | 75.112 Billion pounds | 17.45 % |
