aiBANK sees a slight decline in its market shares In Q1- 2023
First Bank
aiBank's market shares witnessed slight collective declines during the first quarter of this year, as the increases that the bank was able to achieve in its financial portfolios did not succeed in increasing its market share, or even remaind stable.
First Bank monitors the development of the market shares of aiBANK during the first quarter of 2023.
Asset Market
The market share of aiBank’s assets witnessed a slight decline during the first quarter of this year, as the bank lost 0.05% of its market share, to reach 0.44% of the total assets of the banking sector by the end of March 2023, compared to 0.49% by the end of 2022.
loan market
The bank's market share in the financing market declined to 0.49% of the total loans of the banking sector by the end of March 2023, compared to 0.52% by the end of 2022, to lose about 0.03% of its share.
While its share in retail finance market declined to reach 0.70% of the total retail loans in the banking sector by the end of March 2023, compared to 0.71% by the end of 2022.
Financial investment Market
aiBank lost about 0.09% of its share in financial investment market, as its share declined to 0.42% of the total financial investments (securities) in the banking sector by the end of March 2023, compared to 0.51% by the end of 2022.
Deposit Market
The bank witnessed a slight decline in its share in deposit market, to reach 0.51% of the total deposits of the banking sector by the end of March 2023, compared to 0.56% by the end of 2022.
This comes as a result of the decline in its share in the Household sector market to reach 0.24% of the total deposits of the household sector in the banking sector as a whole by the end of March 2023, compared to 0.25% by the end of 2022.
