Ahli United Bank evolution in terms of market shares in Q1-2023

The performance of Ahli United Bank in terms of market shares Varied during first Quarter of the current year, as the increases in Bank's financial portfolios succeed in raising its share in assets and deposits, and settled in the financial investments market, while witnessed an decrease in loan market.

First Bank monitors the development of Ahli United Bank's market shares during Q1- 2023:

Asset market

The bank managed to slightly increase its asset portfolio, as its share rose to 0.76% of the total assets of the banking sector by the end of March 2023, compared to 0.75% by the end of 2022.

loan market

The bank's market share in the financing market witnessed a slight declined to reach 1.32% of the total loans of the banking sector by March 2023end, compared to 1.33% by the end of 2022, to lose about 0.01%.

This comes as a result to decline its share in the retail finance market to reach 0.39% of the total loans of Retail in the banking sector by the end of March 2023, compared to 0.41% by the end of 2022.

Financial investments

The bank's market share remain stable at 0.38% of the total financial investments (securities) in the banking sector by the end of the first quarter of 2023, without any change from 2022.

deposit market

The bank succeeded to add about 0.05% to its share, as rose to 0.86% of the total deposits of the banking sector by the end of the first quarter of 2023, compared to 0.81% by the end of 2022.

This comes as a result of the bank's success in raising its share in the Household sector deposits market to 0.28% of the total Household sector deposits in the banking sector as a whole by the end of March 2023, compared to 0.27% by the end of 2022.