The performance of Credit Agricole Bank in terms of market shares varied during first Quarter of the current y

banking sector,Credit Agricole Bank,asset market,financing market,market shares

Credit Agricole Bank sees varied performance in terms of market shares in Q1-2023

Credit Agricole Bank  FirstBank
Credit Agricole Bank

The performance of Credit Agricole Bank in terms of market shares varied during first Quarter of the current year, Due to the increases in Bank's financial portfolios, as the bank’s market shares in deposits, witnessed an increase and settled in the asset market while declined in Financing market.

First Bank monitors the development of credit Agricole's market shares during the first quarter of 2023:

Asset market

Credit Agricole Bank’s market share in asset market witnessed a stability at 0.66% of total banking sector assets at the end of March 2023, it recorded same share at the end of 2022.

Financial investment market

The bank’s market share in terms of financial investments witnessed a slight decline to reach 0.31% of the total financial investments (securities) in the banking sector at the end of March 2023, compared to 0.30% at the end of 2022.

loan market

The bank lost about 0.06% of its share in the financing market, as declined to 0.82% of the total loans of the banking sector by the end of the first quarter of 2023, compared to 0.87% by the end of 2022.

While retail loans witnessed an decrease to reach 1.25% of total banking sector retail loans by March-2023end, compared to 1.32% at the end of 2022.

deposit market

The bank’s market share in deposits slightly increased by 0.03% to increase 0.74% of total banking sector deposits by March 2023end compared to 0.71% at the end of 2022.

Despite its share in the household sector deposit market declined to 0.44% of the total household sector deposits in the banking sector as a whole by the end of March 2023, compared to 0.48% by the end of 2022.