EBank sees varied performance in terms of market shares in Q1-2023

The performance of Export Development Bank of Egypt 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, loan market witnessed an increase, while declined in both assets, financial investment market.

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

Asset market

The bank lost about 0.05% of its share in the asset market, as declined to 0.80% of the total loans of the banking sector by the end of the first quarter of 2023, compared to 0.85% by the end of 2022.

loan market

The bank add about 0.08% of its share in the financing market, as rose to 1.20% of the total loans of the banking sector by the end of the first quarter of 2023, compared to 1.12% by the end of 2022.

This comes as a result of the bank's success in raising its share in the retail finance market to reach 0.67% of total banking sector retail loans by March-2023end, compared to 0.60% at the end of 2022.

Financial investments

The bank lost about 0.08% of its share in this market, to reach 0.53% of the total financial investments (securities) in the banking sector by the end of the first quarter of 2023, compared to 0.61% by the end of 2022.

Deposit market

EBank managed to add about 0.02% to its share in the deposit market, to Increase to 0.87% of the total deposits of the banking sector by the end of the first quarter of 2023, compared to 0.85% by the end of 2022.

Despite Bank's share in the Household sector deposits market declined marginally to record 0.25% of the total Household sector deposits in the banking sector as a whole by the end of March 2023, compared to 0.26% by the end of 2022.