A collective soaring in SC Bank's market shares In Q1-2023
First Bank
Suez Canal Bank was able to achieve collective increases in its market shares, due to the significant increases in Bank's financial portfolios, continuing its strong performance under the leadership of chairman and CEO Hussein Rifai.
FirstBank monitors the development of the market shares of Suez Canal Bank during the first quarter of 2023
Asset market
The bank was able to add 0.02% to its share in the asset market, increased to 0.68% of the total assets of the banking sector by the end of March 2023, compared to 0.65% by the end of 2022.
loan market
The bank succeeded in raising its share in the financing market to reach 0.83% of the total loans of the banking sector by the end of the first quarter of 2023, compared to 0.80% by the end of 2022.
Due to The increase in its share in the retail loan market, as it surged to 0.39% of total banking sector retail loans by the end of March 2023, compared to 0.37% by the end of 2022.
deposit market
Suez Canal Bank managed to add about 0.05% to its share in the deposit market, to jump 0.82% of the total deposits of the banking sector by the end of the first quarter of 2023, compared to 0.77% by the end of 2022.
Despite its share in the household sector deposit market witnessed a stability At 0.25% by March-2023end.
