HD Bank, EGBANK, and Credit Agricole bank Top Listed Banks in Focusing on Retail Loans by June-2023end

First Bank List Of Listed Banks With The Highest Concentration On Retail Loans By The End Of June 2023 Revealed That Housing & Development Bank-HD Bank Topped The List. As Accounted For 56.53% Of The Total Customer Loans, Amounting To EGP 40.573 Bn By June-2023End. Meanwhile, Retail Loans Reached EGP 22.934 Bn During The Same Period.

The List Measures The Investment Trends Of 11 Listed Banks On The Egyptian Stock Exchange, Specifically In Terms Of Retail Loans. It Relies On The Criterion Of (Retail Loans/Total Customer Loans) To Provide An Indicator Of The Extent To Which The Bank's Loan Portfolio Focuses On Retail Loans by end of H1-2023.

EGBANK Secured The Second Position With 27.55% Of Its Total Customer Loans Amounting To EGP 32.145 Bn Concentrated In Its Retail Loan Portfolio Valued At EGP 8.855 Bn By The End Of June 2023.

Credit Agricole- Egypt Ranked Third, With 27.37% Of Its Total Customer Loans EGP 36.626 Bn Concentrated In Its Retail Loan Portfolio, Which Reached A Value Of EGP 10.026 Bn By The End Of June 2023.

Saib Obtained The Fourth Position As Its Retail Loans, Amounting To EGP 11.304 Bn, Accounted For 24.17% Of Its Total Customer Loan Portfolio, Which Stood At EGP 46.777 Bn By The End Of June 2023.

Abu Dhabi Islamic Bank - Egypt Came In Fifth Place, With 23.35% Of Its Total Customer Loans, Amounting To EGP 65.010 Bn By The End Of June 2023, Concentrated In Its Retail Loan Portfolio, Which Reached EGP 15.182 Bn By The End Of The Same Period.

It Is Worth Noting That The Concentration Ratios And Values Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank By The End Of June 2023.