Ahli United Bank, NBK Egypt, Attijariwafa Bank, Ebank and ADIB Egypt, Top Banks in focusing on customer loans

First Bank

8/1/2023 11:44:00 AM

First Bank has revealed a list of banks with the highest focus on customer loans as of the end of March 2023. Topping the list is Ahli United Bank - Egypt, with 55.12% of the bank's assets concentrated in its net portfolio of customer loans, amounting to EGP 54.324 bn. The bank's total assets reached EGP 98.557 bn by the end of the same period.

The second position went to National Bank of Kuwait - Egypt, with 53.16% of its total assets represented by net customer loans, totaling EGP 58.1 bn. The bank's total assets stood at EGP 109.3 bn by the end of March 2023.

Following closely in the third position is Attijariwafa with 49.30% of its total assets focused on net customer loans, amounting to EGP 31.734 bn. The bank's asset portfolio reached EGP 64.372 bn by the end of March 2023.

Ranked fourth is Export Development Bank of Egypt, where 48.84% of its total assets are in net customer loans, totaling EGP 50.628 bn. The bank's assets reached EGP 103.666 bn by the end of the same period.

Abu Dhabi Islamic Bank - Egypt secured the fifth position, with 48.76% of its total assets allocated to the net customer loan portfolio, amounting to EGP 60.630 bn. The bank's assets amounted to EGP 124.333 bn by the end of March 2023.

In sixth place, QNB Al Ahli Bank had 45.09% of its total assets focused on net customer loans, valued at EGP 233.325 bn by the end of March 2023, followed by Emirates NBD - Egypt at 44.28% by the same period.

The eighth spot was taken by Al Ahli Bank of Kuwait - Egypt, with 43.46% of its total assets concentrated in net customer loans amounting to EGP 34.700 bn. The bank's assets reached EGP 79.840 bn by the end of March 2023.

saib secured the ninth position, with 41.26% of its total assets in net customer loans valued at EGP 43.255 bn by the end of March 2023. The bank's asset portfolio was around EGP 104.837 bn. Following closely in tenth place is Alex Bank with a concentration rate of 40.78% by the end of the same period.

All concentration values mentioned in the analysis above are based on separate financial statements declared by each bank by the end of March 2023.

Top Banks in focusing on customer loans In Q1-2023

#	Bank Name	Net customer loans At-March-23	Total assets At March-23	Concentration rate%
1	Al Ahli united bank Egypt	54.324 Billion pounds	98.557 Billion pounds	55.12 %
2	NBK Egypt	58.1 Billion pounds	109.3 Billion pounds	53.16 %
3	Attijariwafa Bank Egypt	31.734 Billion pounds	64.372 Billion pounds	49.3 %
4	Export Development Bank of Egypt-EBank	50.628 Billion pounds	103.666 Billion pounds	48.84 %
5	Abu Dhabi Islamic Bank-ADIB Egypt	60.63 Billion pounds	124.333 Billion pounds	48.76 %
6	Qatar National Bank-QNB Al Ahli	233.325 Billion pounds	517.436 Billion pounds	45.09 %
7	Emirates NBD Egypt	48.302 Billion pounds	109.08 Billion pounds	44.28 %
8	Al Ahli Bank of Kuwait Egypt -ABK Egypt	34.7 Billion pounds	79.84 Billion pounds	43.46 %
9	SAIB BANK	43.255 Billion pounds	104.837 Billion pounds	41.26 %
10	Bank of Alexandria-Alex Bank	56.093 Billion pounds	137.564 Billion pounds	40.78 %
11	Credit Agricole Egypt	34.342 Billion pounds	85.042 Billion pounds	40.38 %
12	Suez Canal Bank	33.31 Billion pounds	87.925 Billion pounds	37.88 %
13	arab african international bank	145.492 Billion pounds	390.041 Billion pounds	37.3 %
14	alBaraka Bank Egypt	33.681 Billion pounds	93.301 Billion pounds	36.1 %
15	Banque Du Caire-BDC	130.36 Billion pounds	361.973 Billion pounds	36.01 %
16	Abu Dhabi Commercial Bank Egypt- ADCB	30.681 Billion pounds	85.484 Billion pounds	35.89 %
17	Arab Investment Bank- aiBANK	20.069 Billion pounds	57.363 Billion pounds	34.99 %
18	Commercial International Bank-CIB	212.027 Billion pounds	684.196 Billion pounds	30.99 %
19	Housing and Development Bank-HDB	35.92 Billion pounds	116.277 Billion pounds	30.89 %
20	EGBANK	29.313 Billion pounds	99.934 Billion pounds	29.33 %
21	First Abu Dhabi Bank Egypt-FAB	79 Billion pounds	275 Billion pounds	28.73 %
22	Faisal Islamic Bank of Egypt	13.157 Billion pounds	166.059 Billion pounds	7.92 %