Ahli United Bank follows an expansionary policy in resources employment rate At 2022

Ahli United Bank Egypt’s resources employment rate reached 87.72% at the end of 2022, compared to 85.86% at the end of 2021.

The resources employment indicator, launched by First Bank, measures to what extent the bank is employing its traditional resources (deposits + shareholders’ Equity) in loans and financial investments.

The increase in the index indicates that the bank followed during first 9 Months an expansionary policy in employing its resources.

The bank has invested EGP 70.46bn of its traditional resources, EGP 80.32 bn, by the end of 2022 into loans and financial investments, It invested EGP53.5bn into customer loans and EGP 16.97 bn into financial investments.

While the bank directed EGP51.79 bn of its traditional resources, which recorded EGP 62.61 bn by the end of 2021 into total customer loans and financial investments, as invested EGP38.75bn into total loans and EGP15.008 bn into financial investments.

The bank's traditional resources at the end of 2022 were distributed between EGP 69.9bn into its deposit portfolio, and EGP 10.52 bn into shareholder’s Equity at the end of the same period.

Furthermore,Ahli United bank’s Loans to deposit ratio jumped to 76.64% at the end of 2022, compared to 72.38% at the end of 2021, while the financial investments to deposits ratio declined to 24.31% at the end 2022 compared to 28.03% at the same comparable period.

Despite the increase in the bank's employment index during 2022, the value of the index, which recorded 87.72%, remained lower than the sector average.

The banking sector’s employment index during 2022 recorded 90.56%, due to the bank’s continuity to apply  an expansionary policy towards loans and financial investments.