Ahli United Bank, Suez Canal Bank, and EBank, top banks in focusing on investing in corporate loans
First Bank
FirstBank's list of banks with the highest focus on corporate loans at the end of June revealed that Ahli United Bank topped the list, with its corporate loan portfolio accounting for 94.67% of the bank's total loans, amounting to EGP58 bn by June 2023. Total loan portfolio was EGP 61.267 bn during the same period.
The list reflects the investment trends of 22 banks in the Egyptian banking sector, based on their financial data for analysis, specifically in terms of corporate loans. It provides an indicator of how much the bank's customer loan portfolio is concentrated in corporate loans.
Suez Canal Bank secured the second position with 90.71% of its total customer loans, valued at EGP35.246 bn, concentrated in corporate loans amounting to EGP31.970 bn by June 2023.
Egyptian Export Development Bank (EBank) claimed the third position, with its corporate loan portfolio representing 88.68% of the bank's total customer loans, valued at EGP 52.733 bn. Corporate loan portfolio amounted to EGP46.765 bn by June 2023. Arab African International Bank followed closely with 87.83% by the end of the same period.
NBE secured the fifth position with 87.06% of its total customer loans, amounting to EGP1.722 tn by June 2023, concentrated in a corporate loan portfolio. Total customer loan portfolio of the bank was approximately EGP1.978 tn by the end of the same period.
alBaraka Bank claimed the sixth position with 84.10% of its total customer loans, valued at EGP38.765 bn, concentrated in corporate loans totaling EGP32.601 bn by June 2023. It was followed by National Bank of Kuwait – Egypt with 82.51% by the end of the same period.
Faisal Islamic Bank of Egypt secured the eighth position with 81.27% of its total customer loans, valued at EGP 15.914 bn, concentrated in corporate loans. Corporate loan portfolio amounted to EGP 12.933 bnbby June 2023.
Qatar National Bank Al Ahli claimed the ninth position with 80.97% of its total customer loans, valued at approximately EGP254 bn, concentrated in corporate loans. The corporate loan portfolio was EGP205.6 bn by the end of June 2023.
Commercial International Bank (CIB) Egypt secured the tenth position with 78.94% of its total customer loans concentrated in corporate loans by the end of the same period.
It is worth noting that values and concentration rates mentioned in the analysis are based on separate financial statements announced by each bank at the end of June 2023.
Top banks in focusing on corporate loans investment by June-2023 end
| # | BANK name | corporate loans At-June-23 | Total customer loans At-June-23 | Concentration ratio% |
|---|---|---|---|---|
| 1 |
Al Ahli united bank Egypt | 57.999 Billion Pounds | 61.267 Billion Pounds | 94.67 % |
| 2 |
Suez Canal Bank | 31.97 Billion Pounds | 35.246 Billion Pounds | 90.71 % |
| 3 |
Export Development Bank of Egypt-EBank | 46.765 Billion Pounds | 52.733 Billion Pounds | 88.68 % |
| 4 |
arab african international bank | 133.187 Billion Pounds | 151.644 Billion Pounds | 87.83 % |
| 5 |
National Bank of Egypt-NBE | 1.722 Trillion Pounds | 1.978 trillion Pounds | 87.06 % |
| 6 |
alBaraka Bank Egypt | 32.601 Billion Pounds | 38.765 Billion Pounds | 84.1 % |
| 7 |
NBK Egypt | 56.134 Billion Pounds | 68.032 Billion Pounds | 82.51 % |
| 8 |
Faisal Islamic Bank of Egypt | 12.933 Billion Pounds | 15.914 Billion Pounds | 81.27 % |
| 9 |
Qatar National Bank-QNB  | 205.635 Billion Pounds | 253.954 Billion Pounds | 80.97 % |
| 10 |
Attijariwafa Bank Egypt | 29.702 Billion Pounds | 37.088 Billion Pounds | 80.09 % |
| 11 |
Commercial International Bank-CIB | 198.518 Billion Pounds | 251.479 Billion Pounds | 78.94 % |
| 12 |
Abu Dhabi Islamic Bank-ADIB Egypt | 49.827 Billion Pounds | 65.01 Billion Pounds | 76.65 % |
| 13 |
Abu Dhabi Commercial Bank Egypt- ADCB | 24.741 Billion Pounds | 32.484 Billion Pounds | 76.16 % |
| 14 |
SAIB BANK | 35.473 Billion Pounds | 46.777 Billion Pounds | 75.83 % |
| 15 |
Emirates NBD Egypt | 38.421 Billion Pounds | 51.465 Billion Pounds | 74.65 % |
| 16 |
BANK NXT | 17.308 Billion Pounds | 23.388 Billion Pounds | 74 % |
| 17 |
EGBANK | 23.289 Billion Pounds | 32.145 Billion Pounds | 72.45 % |
| 18 |
Credit Agricole Egypt | 26.6 Billion Pounds | 36.626 Billion Pounds | 72.63 % |
| 19 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt | 25.178 Billion Pounds | 39.018 Billion Pounds | 64.53 % |
| 20 |
Banque Du Caire-BDC | 89.593 Billion Pounds | 152.199 Billion Pounds | 58.87 % |
| 21 |
Bank of Alexandria-Alex Bank | 32.839 Billion Pounds | 59.844 Billion Pounds | 54.87 % |
| 22 |
Housing and Development Bank-HDB | 17.639 Billion Pounds | 40.573 Billion Pounds | 43.47 % |
