Suez Canal Bank, EBank, and alBaraka bank top listed banks in focusing on corporate loans by September -2023end
First Bank
First Bank Has Revealed A List Of Listed Banks With The Highest Focus On Corporate Loans During the First 9 Months of 2023, Suez Canal Bank Claimed The First Position After 90.20% Of Its Total Customer Loans, Amounting To EGP 36.5 Bn By The End Of September 2023, Were Concentrated In The Corporate Loan Portfolio Valued At EGP 32.9 Bn During The Same Period.
The List Measures The Investment Trends Of 11 Listed Banks In The Egyptian Stock Exchange, Specifically In Terms Of Corporate Loans. It Relies On The Ratio Of (Corporate Loans/Total Customer Loans) As A Indicator Of The Bank's Portfolio Concentration In The Category Of Corporate Loans By September -2023end.
Moving On To The List, EBank Secured The Second Position With 87.33% Of Its Total Customer Loans, Valued At EGP 54.1 Bn, Concentrated In The Corporate Loan Portfolio Worth EGP 47.2 Bn By The End Of September2023.
alBaraka Bank-Egypt Ranked Third On The List, As 83.10% Of Its Total Customer Loans, Amounting To EGP 40.9 Bn, Were Concentrated In The Corporate Loan Portfolio By The End Of September 2023. The Bank's Corporate Loan Portfolio Reached EGP 34.02 Bn During The Same Period.
Qatar National Bank Al Ahli Secured The Fourth Position, With Corporate Loans Accounting For 80.30% Of Its Total Customer Loans Valued At EGP 259.8 Bn. The Bank's corporate Loan Portfolio Amounted To EGP 208.6 Bn By The End Of September 2023.
Faisal Islamic Bank -Egypt Ranked Fifth After 80.29 % Of Its Total Customer Loans, Valued At EGP 15.7 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 12.66 Bn By The End Of September 2023, Followed by CIB with concentration ratio 77.79% during the same period.
It Is Worth Noting That The Concentration Ratios And Values Mentioned In The Above Analysis Are Based On Separate Financial Statements Declared By Each Bank At The End Of September 2023.
Top listed banks in focusing on corporate loans investment by September -2023end
| # | Bank Name | corporate loans | customer Loans | Concentration ratio% |
|---|---|---|---|---|
| 1 |
Suez Canal Bank |
32.896 Billion pound | 36.471 Billion pound | 90.2 % |
| 2 |
Export Development Bank of Egypt-EBank |
47.229 Billion pound | 54.082 Billion pound | 87.33 % |
| 3 |
alBaraka Bank Egypt |
34.023 Billion pound | 40.942 Billion pound | 83.1 % |
| 4 |
Qatar National Bank-QNB Al Ahli |
208.593 Billion pound | 259.764 Billion pound | 80.3 % |
| 5 |
Faisal Islamic Bank of Egypt |
12.636 Billion pound | 15.737 Billion pound | 80.29 % |
| 6 |
Commercial International Bank-CIB |
197.995 Billion pound | 254.517 Billion pound | 77.79 % |
| 7 |
Abu Dhabi Islamic Bank-ADIB Egypt |
49.528 Billion pound | 65.549 Billion pound | 75.56 % |
| 8 |
SAIB BANK |
34.482 Billion pound | 46.467 Billion pound | 74.21 % |
| 9 |
EGBANK |
24.706 Billion pound | 33.294 Billion pound | 74.21 % |
| 10 |
Credit Agricole Egypt |
28.118 Billion pound | 38.527 Billion pound | 72.98 % |
| 11 |
Housing and Development Bank-HDB |
18.815 Billion pound | 42.858 Billion pound | 43.9 % |
