EBank, ADIB Egypt, and QNB ALAHLI, top listed banks in focusing on customer loans by June-2023 end
First bank
According to First Bank list of listed banks most concentrated on customer loans, EBank topped the list with a percentage of 47.44% after its net customer loan portfolio reached EGP 50.654 bn by the end of June 2023, while its asset portfolio amounted to EGP 106.782 bn during the same period of the current year.
First Bank list revealed the investment preferences of listed banks on the Egyptian stock exchange, specifically in terms of net customer loan portfolios. It relies on the metric of "Net Customer Loans/Assets" to provide an indicator of how much a bank's assets are concentrated in the customer loans category.
Returning to the list, the second position was secured by Abu Dhabi Islamic Bank - Egypt, with 44.62% of its total assets concentrated in its net customer loan portfolio, valued at EGP 61.417 bn, while its asset portfolio reached EGP 137.640 bn by the end of June 2023.
QNB Alahli took the third position with a net customer loan portfolio concentration of 43.98% of its total assets valued at EGP 543.3 bn, while its net customer loans amounted to approximately EGP 238.9 bn by the end of June 2023.
As for the fourth position, it was attained by saib, with 43.93% of its total assets concentrated in its net customer loan portfolio, valued at EGP 44.075 bn, while the bank's total assets amounted to approximately EGP 105.109 bn by the end of June 2023.
Credit Agricole Egypt ranked fifth, with a concentration of 37.54% of its total assets of EGP 93.506 bn in its net customer loan portfolio, which amounted to EGP 35.104 bn by the end of June 2023. Following closely were alBaraka and Suez Canal banks in the sixth and seventh positions, with concentration percentages of 36.37% and 36.30%, respectively, by the end of the same period.
It is worth noting that all the values and concentration percentages mentioned in the analysis above are based on the separate financial statements declared by each bank at the end of June 2023.
Ranking listed banks in focusing on customer loans by June-2023end
| # | Bank Name | Net loans | Total assets | Concentration ratio% |
|---|---|---|---|---|
| 1 |
Export Development Bank of Egypt-EBank |
50.654 Billion pounds | 106.782 Billion pounds | 47.44 % |
| 2 |
Abu Dhabi Islamic Bank-ADIB Egypt |
61.417 Billion pounds | 137.64 Billion pounds | 44.62 % |
| 3 |
Qatar National Bank-QNB Al Ahli |
238.939 Billion pounds | 543.31 Billion pounds | 43.98 % |
| 4 |
SAIB BANK |
44.075 Billion pounds | 105.109 Billion pounds | 43.93 % |
| 5 |
Credit Agricole Egypt |
35.104 Billion pounds | 93.506 Billion pounds | 37.54 % |
| 6 |
alBaraka Bank Egypt |
34.095 Billion pounds | 93.756 Billion pounds | 36.37 % |
| 7 |
Suez Canal Bank |
31.629 Billion pounds | 87.138 Billion pounds | 36.3 % |
| 8 |
Housing and Development Bank-HDB |
37.259 Billion pounds | 110.666 Billion pounds | 33.67 % |
| 9 |
EGBANK |
30.395 Billion pounds | 104.106 Billion pounds | 29.2 % |
| 10 |
Commercial International Bank-CIB |
219.684 Billion pounds | 794.678 Billion pounds | 27.64 % |
| 11 |
Faisal Islamic Bank of Egypt |
13.668 Billion pounds | 169.482 Billion pounds | 8.06 % |
