EBank, ADIB Egypt, and QNB Al Ahli Top Listed Banks in Focusing on Customer Loans by March-2023end
First Bank list of the most customer loan-focused listed banks by the end of last March revealed that Export Development Bank of Egypt topped the list by 48.84% of its assets were concentrated in the net customer loan portfolio, which amounted to EGP50.628 bn by the end of March 2023. The bank's total assets reached EGP103.666 bn by the end of the same period this year.
First Bank list also disclosed the investment trends of listed banks on the Egyptian Stock Exchange, specifically regarding the net customer loan level. It relies on the criterion of net customer loans divided by total assets to provide an indicator of the bank's asset concentration in the customer loan category.
Abu Dhabi Islamic Bank - Egypt secured the second position, with its net customer loans accounting for 48.76% of the bank's total assets. The net customer loan portfolio recorded EGP60.630 bn, while the bank's total assets reached EGP124.333 bn by the end of March 2023.
QNB Al Ahli ranked third, with 45.09% of its total assets concentrated in the net customer loan portfolio by the end of last March. Its net customer loan portfolio amounted to EGP233.325 bn, and the total asset portfolio reached EGP517.436 bn by the end of March 2023.
saib claimed the fourth position, with 41.26% of its total assets concentrated in the net customer loan portfolio by the end of the first quarter of this year. The net customer loans of the bank amounted to EGP 43.255 bn, while its total assets reached EGP104.837 bn by the end of March 2023.
Crédit Agricole - Egypt ranked fifth, with 40.38% of its total assets concentrated in the net customer loan portfolio. The net customer loans amounted to EGP 34.342 bn by the end of March 2023, while its total assets reached EGP85.042 bn. Suez Canal bank and alBaraka followed in the sixth and seventh positions, respectively, with concentration ratios of 37.88% and 36.10% by the end of the same period.
It is worth noting that all the values and concentration ratios mentioned in the analysis above are based on separate announced financial statements of each bank by the end of March 2023.
listed banks in focusing on customer loans by March-2023end
| # | Bank Name | Net customer loans at the end of March -23 | Assets by the end of March- 23 | focusing ratio% |
|---|---|---|---|---|
| 1 |
Export Development Bank of Egypt-EBank |
50.628 Billion pounds | 103.666 Billion pounds | 48.84 % |
| 2 |
Abu Dhabi Islamic Bank-ADIB Egypt |
60.63 Billion pounds | 124.333 Billion pounds | 48.76 % |
| 3 |
Qatar National Bank-QNB  |
233.325 Billion pounds | 517.436 Billion pounds | 45.09 % |
| 4 |
SAIB BANK |
43.255 Billion pounds | 104.837 Billion pounds | 41.26 % |
| 5 |
Credit Agricole Egypt |
34.342 Billion pounds | 85.042 Billion pounds | 40.38 % |
| 6 |
Suez Canal Bank |
33.31 Billion pounds | 87.925 Billion pounds | 37.88 % |
| 7 |
alBaraka Bank Egypt |
33.681 Billion pounds | 93.301 Billion pounds | 36.1 % |
| 8 |
Commercial International Bank-CIB |
212.027 Billion pounds | 684.196 Billion pounds | 30.99 % |
| 9 |
Housing and Development Bank-HDB |
35.92 Billion pounds | 116.934 Billion pounds | 30.89 % |
| 10 |
EGBANK |
29.313 Billion pounds | 99.934 Billion pounds | 29.33 % |
| 11 |
Faisal Islamic Bank of Egypt |
13.157 Billion pounds | 166.059 Billion pounds | 7.92 % |
