Ahli United Bank, SC Bank, Ebank, AAIB, and alBaraka Bank Top banks in focusing on corporate loans

First Bank

8/2/2023 11:43:00 AM

First Bank Has Revealed A List Of Banks With The Highest Focus On corporate Loans during first Quarter of 2023, Topping The List, Ahli United Bank - Egypt, after the corporate loans acquired 94.74% of the bank's total loans, as its corporate loans portfolio recorded EGP 55.1 bn by the end of March 2023, while total loan portfolio reached EGP58.2 bn During the same period.

The List Measures The Investment Trends Of 22 Banks, Specifically In Terms Of Corporate Loans. It Relies On The Ratio Of (Corporate Loans/Total Customer Loans) As A Indicator Of The Bank's Portfolio Concentration In The Category Of Corporate Loans.

Suez Canal Bank took the second place With 91.50% Of Its Total Customer Loans, Valued At EGP 36.6 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 33.4 Bn By The End Of March 2023.

EBank Secured The Third Position With 89.97% Of Its Total Customer Loans, Valued At EGP 52.7 Bn, Concentrated In The Corporate Loan Portfolio Worth EGP 47.4 Bn By The End Of March 2023, Followed by AAIB With 89.36% during same period.

alBaraka Bank Ranked Fifth On The List, as 86.38% Of Its Total Customer Loans, Amounting To EGP 32.795 Bn, Were Concentrated In The Corporate Loan Portfolio By The End Of March 2023. The Bank's Total Customer Loan Portfolio Reached EGP 38 Bn During The Same Period.

Faisal Islamic Bank Egypt Secured The sixth Position, With Corporate Loans Accounting For 82.12% Of Its Total Customer Loans Valued At EGP 12.56 Bn, The Bank's Total Customer Loan Portfolio Amounted To EGP 15.295 Bn By The End Of March 2023, Followed by QNB Al -Ahli With 81% Durin the same period.

Commercial International Bank-CIB Ranked Eighth After 78.20% Of Its Total Customer Loans, Valued At EGP 243.4 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 190.3 Bn By The End Of March 2023.

Attijariwafa bank came in ninth place with a concentration of 78.01% from total customer loans in the corporate loan portfolio by the end of the first quarter of 2023, followed by Abu Dhabi Islamic Bank - Egypt with 77.07% During the same period.

it Is Worth Noting That The Concentration Ratios And Values Mentioned In The Above Analysis Are Based On Separate Financial Statements Declared By Each Bank At The End Of March 2023.

Top Banks in focusing on corporate loans In Q1-2023

#	Bank Name	Corporate loans At March-23	Total customer loans by March-2023end	concentration Ratio %
1	Al Ahli united bank Egypt	55.147 Billion pounds	58.21 Billion pounds	94.74 %
2	Suez Canal Bank	33.445 Billion pounds	36.55 Billion pounds	91.5 %
3	Export Development Bank of Egypt-EBank	47.398 Billion pounds	52.685 Billion pounds	89.96 %
4	arab african international bank	130.013 Billion pounds	145.492 Billion pounds	89.36 %
5	alBaraka Bank Egypt	32.795 Billion pounds	37.966 Billion pounds	86.38 %
6	Faisal Islamic Bank of Egypt	12.56 Billion pounds	15.295 Billion pounds	82.12 %
7	Qatar National Bank-QNB Al Ahli	200.788 Billion pounds	247.883 Billion pounds	81 %
8	Commercial International Bank-CIB	190.323 Billion pounds	243.394 Billion pounds	78.2 %
9	Attijariwafa Bank Egypt	25.817 Billion pounds	33.096 Billion pounds	78.01 %
10	Abu Dhabi Islamic Bank-ADIB Egypt	49.173 Billion pounds	63.807 Billion pounds	77.07 %
11	SAIB BANK	34.839 Billion pounds	45.799 Billion pounds	76.07 %
12	Abu Dhabi Commercial Bank Egypt- ADCB	24.634 Billion pounds	32.587 Billion pounds	75.59 %
13	Arab Investment Bank- aiBANK	15.883 Billion pounds	21.431 Billion pounds	74.11 %
14	Emirates NBD Egypt	38.592 Billion pounds	52.34 Billion pounds	73.73 %
15	Credit Agricole Egypt	26.061 Billion pounds	35.979 Billion pounds	72.43 %
16	EGBANK	22.261 Billion pounds	31.064 Billion pounds	71.66 %
17	Al Ahli Bank of Kuwait Egypt -ABK Egypt	23.338 Billion pounds	36.667 Billion pounds	63.65 %
18	Banque Du Caire-BDC	84.502 Billion pounds	142.194 Billion pounds	59.43 %
19	Bank of Alexandria-Alex Bank	33.459 Billion pounds	60.475 Billion pounds	55.33 %
20	Housing and Development Bank-HDB	17.212 Billion pounds	39.12 Billion pounds	44 %