Suez Canal Bank, EBank, and alBaraka bank top listed banks in focusing on corporate loans by June-2023end

First Bank Has Revealed A List Of listed Banks With The Highest Focus On Corporate Loans During First Half Of 2023, Suez Canal Bank Claimed The First Position After 90.71% Of Its Total Customer Loans, Amounting To EGP 35.247 Bn By The End Of June 2023, Were Concentrated In The Corporate Loan Portfolio Valued At EGP 31.970 Bn During The Same Period.

The List Measures The Investment Trends Of 11 Listed Banks In The Egyptian Stock Exchange, 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 By June-2023end.

Moving On To The List, EBank Secured The Second Position With 88.68% Of Its Total Customer Loans, Valued At EGP 52.733 Bn, Concentrated In The Corporate Loan Portfolio Worth EGP 46.765 Bn By The End Of June2023.

alBaraka Bank-Egypt Ranked Third On The List, As 84.10% Of Its Total Customer Loans, Amounting To EGP 38.765 Bn, Were Concentrated In The Corporate Loan Portfolio By The End Of June 2023. The Bank's corporate Loan Portfolio Reached EGP 32.601 bn During The Same Period.

Faisal Islamic Bank -Egypt Secured The Fourth Position, With Corporate Loans Accounting For 81.27% Of Its Total Customer Loans Valued At EGP 12.933 Bn. The Bank's Total Customer Loan Portfolio Amounted To EGP 15.914 Bn By The End Of June 2023.

Qatar National Bank Al Ahli Ranked Fifth After 80.97 % Of Its Total Customer Loans, Valued At EGP 254 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 205.6 Bn By The End Of June 2023.

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 June 2023.