NBE, Banque Misr, QNB ALAHLI, and CIB, top banks in the market shares of loans in the banking sector

First Bank

11/12/2023 11:32:00 AM

First Bank list, for the largest Egyptian banks in the market shares of loan portfolio by the end of June 2023, revealed that National Bank of Egypt topped the list with a market share of 41.92% of total loans of the banking sector, with a value of EGP1.98 tn by the end of June 2023.

National Bank of Egypt’s acquisition of this large share of the loan market in the Egyptian banking sector indicates the continued growth of the benchmark bank and its continued leadership of the sector, as the bank succeeded in the first half of 2023 in increasing its loan portfolio by about EGP250 bn.

Returning to the list, Banque Misr won second place with a market share of 18.58% of the total loans of the banking sector by the end of June 2023, after its portfolio recorded EGP817.7 bn by the end of the same period.

QNB Al-Ahli Bank came third with a market share of 5.38% of the total loans of the banking sector by the end of June 2023, thus topping the private banks by about EGP254 bn by the end of the same period.

Commercial International Bank – Egypt ranked fourth with a market share of 5.33% of the total loans of the banking sector, with a portfolio value of EGP251.5 bn by the end of June 2023.

Banque du Caire came in fifth place with a market share of 3.23% of the total loans of the banking sector, with a value of EGP152.2 bn by the end of June 2023, followed by Arab African international Bank in sixth place with a market share of 3.21% by the end of the same period.

First Abu Dhabi Bank – Egypt ranked seventh with a market share of 1.71% of t

Total loans of the banking sector by the end of June 2023, with a value of EGP80.7 bn by the end of the same period.

As for the eighth place, Agricultural Bank of Egypt obtained it with a market share of 1.47% of the total loans of the banking sector, after its total portfolio reached about EGP69.4 bn by the end of June 2023, followed by the National Bank of Kuwait – Egypt with a market share of 1.44% by the end of the same period.

Abu Dhabi islamic Bank – Egypt came in tenth place with a market share of 1.38% of total loans of the banking sector, and a portfolio value exceeding EGP65 bn by the end of June 2023.

It is worth noting that all the values and market shares contained in the analysis above are according to separate financial statements announced by each bank at the end of the financial period ending in June 2023.

Top banks in the market shares of loans in Egypt

#	Bank Name	Value By June2023End	Market share %
1	National Bank of Egypt-NBE	1.978 Trillion pounds	41.92 %
2	Banque Misr	817.652 Billion Pounds	18.58 %
3	Qatar National Bank-QNB	253.954 Billion Pounds	5.38 %
4	Commercial International Bank-CIB	251.479 Billion Pounds	5.33 %
5	Banque Du Caire-BDC	152.199 Billion Pounds	3.23 %
6	arab african international bank	151.644 Billion Pounds	3.21 %
7	First Abu Dhabi Bank Egypt-FAB	80.7 Billion Pounds	1.71 %
8	Agricultural Bank of Egypt	69.4 Billion Pounds	1.47 %
9	NBK Egypt	68.031 Billion Pounds	1.44 %
10	Abu Dhabi Islamic Bank-ADIB Egypt	65.009 Billion Pounds	1.38 %
11	Al Ahli united bank Egypt	61.267 Billion Pounds	1.3 %
12	Bank of Alexandria-Alex Bank	59.843 Billion Pounds	1.27 %
13	Export Development Bank of Egypt-EBank	52.732 Billion Pounds	1.12 %
14	Emirates NBD Egypt	51.465 Billion Pounds	1.09 %
15	SAIB BANK	46.777 Billion Pounds	0.99 %
16	Housing and Development Bank-HDB	40.573 Billion Pounds	0.86 %
17	Al Ahli Bank of Kuwait Egypt -ABK Egypt	39.018 Billion Pounds	0.83 %
18	alBaraka Bank Egypt	38.764 Billion Pounds	0.82 %
19	Attijariwafa Bank Egypt	37.088 Billion Pounds	0.79 %
20	Credit Agricole Egypt	36.625 Billion Pounds	0.78 %
21	Suez Canal Bank	35.246 Billion Pounds	0.75 %
22	Abu Dhabi Commercial Bank Egypt- ADCB	32.483 Billion Pounds	0.69 %
23	EGBANK	32.144 Billion Pounds	0.68 %
24	BANK NXT	23.388 Billion Pounds	0.5 %
25	Faisal Islamic Bank of Egypt	15.913 Billion Pounds	0.34 %