EBank Corporate loans grow by 16.1% during H1-2023

Separate financial statements of Egyptian Export Development Bank 'EBank,' ending in June 2023, reveal a total growth of corporate loans in the bank by 16.10%, increasing by EGP 6.5 bn in the first half of this year, reaching approximately EGP46.8 bn by the end of June 2023. This accounts for 92.32% of the total customer loans in the bank.

Additionally, the current account portfolio in the bank increased by 19.81%, totaling EGP29.4 bn by the end of June 2023, compared to EGP24.5 bn by the end of December 2022.

Furthermore, the total portfolio of direct loans in the bank increased by 8.40%, reaching about EGP 9.8 bn by the end of June 2023, compared to EGP9 bn by the end of December 2022.

Syndicated loans portfolio in the bank also rose by 12.91%, totaling around EGP7.6 bn by the end of June 2023, compared to EGP6.7 bn by the end of December 2022.

 It's worth noting that total loans and facilities to customers increased by 17.86%, reaching EGP50.7 bn by the end of June 2023, compared to EGP43 bn by the end of December 2022.