What are the activities that aiBANK tends to grant credit to?

Arab Investment Bank has significantly increased its financing to institutions during the current year, evident in the notable growth of corporate loans by approximately 11.71%, reaching EGP 17.33 bn by the end of the third quarter of 2023, compared to EGP 15.51 bn at the end of 2022.

Analyzing Arab Investment’s credit trends, it raised the share of industrial activity financing to 42.70% by the end of September 2023, up from 41.63% at the end of 2022. This shift reflects the bank’s recognition of the importance of supporting the industry amid current economic conditions in Egypt and globally.

The bank’s financing for industrial activity increased by about 14.57%, reaching EGP 7.4 bn by the end of September 2023, compared to EGP 6.46 bn at the end of 2022.

Arab Investment Bank reduced its credit policy towards real estate companies, with their relative weight decreasing to 13.16% of the bank’s total corporate loans by the end of the third quarter of 2023, down from 18.49% at the end of 2022.

Real estate company financing reached EGP 2.28 bn by the end of the third quarter of 2023, compared to EGP 2.87 bn at the end of 2022.

The bank’s credit policy towards financial institutions remained stable, accounting for 11.62% of the total corporate loans by the end of the third quarter of 2023, unchanged from 2022.

Despite this, financing for financial institutions increased by approximately 11.67%, reaching EGP 2.01 bn by the end of September, up from EGP 1.80 bn at the end of 2022.

The bank’s policy towards government sector credit remained relatively stable, with a relative weight of 1.57% for government sector financing by the end of the third quarter of 2023, compared to 1.98% at the end of 2022.

Public sector financing reached EGP 272.36 mn by the end of September 2023, down from EGP 307.30 mn at the end of 2022.

Arab Investment Bank increased its relative financing for commercial activity, with the relative weight rising to 0.99% of the total institutional loans by the end of September 2023, compared to 0.80% at the end of 2022.

Commercial activity financing reached EGP 171.35 mn by the end of September 2023, compared to EGP 123.79 mn at the end of 2022.

Financing for other activities by Arab Investment Bank increased to EGP 5.19 bn by the end of September 2023, compared to EGP 3.95 bn at the end of 2022, with a growth rate of 31.38%.

The relative weight of financing for other activities was 29.96% of the bank’s total institutional loans by the end of September 2023, up from 25.47% at the end of 2022.

Arab Investment Bank’s policies regarding corporate financing contributed to a robust growth in the bank’s total customer loans, with corporate loans accounting for a significant 71.78% at the end of the third quarter of the current year.

It’s worth noting that the total portfolio of customer loans and facilities at the bank increased by a growth rate of 15.74%, with an increase of EGP 3.28 bn during the first 9 months of the current year, reaching EGP 24.14 bn by the end of September 2023, compared to EGP 20.86 bn at the end of 2022.

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