NBK Egypt, Ahli United bank, Attijariwafa bank, Ebank, and ABK- Egypt, top banks in focusing on customer loans
First Bank
According To First Bank List Of Banks Most Focused On Customer Loan Investments By September 2023end, NBK-Egypt Topped The List, With 57.29% Of The Bank's Assets Concentrated In The Net Customer Loan Portfolio Valued At EGP 67.67 Bn, While Its Total Assets Reached EGP 118.11 Bn By The End Of September 2023.
The List Revealed The Investment Trends Of 23 Banks In The Egyptian Banking Sector, Specifically In Terms Of Net Customer Loans, Using The Criterion (Net Customer Loans/Total Assets) To Indicate The Extent Of The Bank's Assets Concentration In The Customer Loan Category.
Returning To The List, Ahli United Bank-Egypt Secured The Second Position, With 54.97% Of The Bank's Total Assets Concentrated In The Net Customer Loans, Which Amounted To EGP 59.23 Bn By The End Of September 2023, While Its Total Assets Reached EGP 107.75 Bn In The Same Period.
Attijariwafa Bank Came Third, With 48.08% Of Its Total Assets Focused On Its Net Customer Loans, Valued At EGP 38.32 Bn, While Its Total Asset Portfolio Amounted To EGP 79.70 Bn By The End Of September 2023.
Ebank, Claimed The Fourth Position, With 47.15% Of Its Total Assets Concentrated In Its Net Customer Loans, Totaling EGP 51.96 Bn By The End Of September 2023, While Its Total Assets Amounted To EGP 110.20 Bn In The Same Period.
Ahli Bank Kuwait-Egypt (ABK-Egypt) Secured The Fifth Position, With 45.81% Of Its Total Assets, Amounting To EGP 90.40 Bn, Concentrated In Its Net Customer Loan Portfolio Valued At EGP 41.42 Bn By The End Of September 2023.
Abu Dhabi Islamic Bank-Egypt (ADIB) Occupied The Sixth Position, With 41.90% Of Its Total Assets Concentrated In Its Net Customer Loan Portfolio, Valued At EGP61.61Bn, While Its Total Assets Amounted To EGP147.04 Bn By The End Of September 2023. QNB AL AHLI Followed Closely With A Concentration Rate Of 41.71% By The End Of The Same Period
Saib Secured The Eighth Position On The List, With 40.60% Of Its Total Assets Concentrated In Its Customer Loan Portfolio Valued At EGP 43.57 Bn By The End Of September 2023, While Its Total Asset Portfolio Reached Approximately EGP 107.33 Bn. Banque Du Caire Followed Closely With A Concentration Rate Of 39.57% By The End Of The Same Period.
As For The Tenth Position On The List, It Was Claimed By Emeritus NBD, With Its Customer Loan Portfolio, Valued At EGP 50.83 bn By The End Of September 2023, Accounting For 39.29% Of Its Total Assets, Which Amounted To EGP 129.37 bn By The End Of The Same Period.
It's Worth Noting That All The Values And Concentration Rates Mentioned In The Analysis Above Are Based On Separate Financial Statements Announced By Each Bank At The End Of September 2023.
Top banks in focusing on customer loans by September -2023 end
# | Bank Name | Customer loans | Assets | Concentration rate |
---|---|---|---|---|
1 | NBK Egypt | 67.667 Billion pounds | 118.11 Billion pounds | 57.29 % |
2 | Al Ahli united bank Egypt | 59.233 Billion pounds | 107.746 Billion pounds | 54.97 % |
3 | Attijariwafa Bank Egypt | 38.319 Billion pounds | 79.699 Billion pounds | 48.08 % |
4 | Export Development Bank of Egypt-EBank | 51.958 Billion pounds | 110.2 Billion pounds | 47.15 % |
5 | Al Ahli Bank of Kuwait Egypt -ABK Egypt | 41.415 Billion pounds | 90.4 Billion pounds | 45.81 % |
6 | Abu Dhabi Islamic Bank-ADIB Egypt | 61.614 Billion pounds | 147.04 Billion pounds | 41.9 % |
7 | Qatar National Bank-QNB | 243.576 Billion pounds | 584.04 Billion pounds | 41.7 % |
8 | SAIB BANK | 43.571 Billion pounds | 107.327 Billion pounds | 40.6 % |
9 | Banque Du Caire-BDC | 150.549 Billion pounds | 380.429 Billion pounds | 39.57 % |
10 | Emirates NBD Egypt | 50.829 Billion pounds | 129.37 Billion pounds | 39.29 % |
11 | Bank of Alexandria-Alex Bank | 56.783 Billion pounds | 151.827 Billion pounds | 37.4 % |
12 | Abu Dhabi Commercial Bank Egypt- ADCB | 32.668 Billion pounds | 87.339 Billion pounds | 37.4 % |
13 | Banque Misr | 876.048 Billion pounds | 2.5 trillion pounds | 35.04 % |
14 | Credit Agricole Egypt | 36.95 Billion pounds | 100.381 Billion pounds | 36.81 % |
15 | alBaraka Bank Egypt | 36.006 Billion pounds | 98.38 Billion pounds | 36.6 % |
16 | BANK NXT | 22.67 Billion pounds | 62.614 Billion pounds | 36.21 % |
17 | Suez Canal Bank | 32.979 Billion pounds | 92.212 Billion pounds | 35.76 % |
18 | Housing and Development Bank-HDB | 39.209 Billion pounds | 118.374 Billion pounds | 33.12 % |
19 | EGBANK | 31.422 Billion pounds | 97.322 Billion pounds | 32.29 % |
20 | Arab Banking Corporation- ABC | 22.5 Billion pounds | 70.4 Billion pounds | 31.96 % |
21 | arab african international bank | 141.039 Billion pounds | 474.309 Billion pounds | 29.74 % |
22 | Commercial International Bank-CIB | 222.327 Billion pounds | 808.742 Billion pounds | 27.49 % |
23 | Faisal Islamic Bank of Egypt | 13.514 Billion pounds | 170.952 Billion pounds | 7.91 % |