Faisal Bank, alBaraka Bank, and EGBANK, Top listed banks in focusing on Financial Investments by September -2023 end

First Bank List Of Listed Banks With The Highest Focus On Financial Investments Has Revealed That Faisal Islamic Bank Tops The List With A Concentration Ratio Of 56.22%. By The End Of September 2023, The Bank's Assets Reached EGP171Bn, With Total Financial Investments In The Bank Amounting To Approximately EGP 96.1 Bn By The Same Period.

This List, Including 11 Banks Listed On The Egyptian Stock Exchange, Discloses The Investment Directions Of Listed Banks, Specifically In Terms Of Financial Investments And T-Bills. The Concentration Ratio Is Based On The Criteria Of (Total Financial Investments And T-Bills/Assets), Providing An Indicator Of How Focused A Bank's Assets Are In The Financial Investments Category.

alBaraka Bank  Egypt Secured The Second Position, With A Total Value Of Financial Investments And T-Bills Reaching EGP 44.6 Bn, Representing 45.32% Of Its Total Assets Valued At EGP98.4 Bn By The End Of September 2023.

EGBANK Came In Third Place, With 42.09% Of Its Assets Concentrated In Total Financial Investments Worth EGP 41 Bn, The Bank's Total Assets Reached Approximately EGP 97.3 Bn By The End Of September 2023.

QNB Al Ahli Claimed The Fourth Position, With 38.78% Of Its Assets, Valued At EGP 584 Bn, Concentrated In Total Financial Investments And T-Bills Amounting To EGP 226.5 Bn By The End Of September 2023.

As For The Fifth Position, It Was Secured By saib, With 30.85% Of Its Assets Concentrated In Total Financial Investments, Representing A Portion Of Its Total Assets Valued At EGP 107.3 Bn. Total Financial Investments Amounted To EGP 33.1 Bn By The End Of September 2023, Followed By CIB With Concentration Percentage  Of 28.06 During The Same Period.

It's Worth Noting That The Concentration Percentages And Values Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of September 2023.