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

According To First Bank List Of Banks With The Highest Concentration On Financial Investments And T-Bills by September2023 End, Has Revealed That Faisal Islamic Bank Topped The List With A Concentration Ratio Of 56.22%. By The End Of September 2023, The Bank's Assets Reached EGP170.95 Bn, With Total Financial Investments In The Bank Amounting To Approximately EGP 96.1 Bn By The Same Period.

The List Reveals The Investment Trends Of 22 Banks In The Egyptian Banking Sector, Based On The Criterion (Total Financial Investments And Treasury Bills / Total Assets), Providing An Indicator Of The Extent To Which A Bank's Assets Are Concentrated In The Financial Investments Category.

alBaraka Bank 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, The Egyptian Gulf Bank, Came Third With 42.09% Of Its Total Assets Concentrated In Financial Investments. Its Financial Investments Totaled EGP4097Bn By The End Of September 2023, And Its Assets Amounted To EGP 97.32 Bn During The Same Period.

Qatar National Bank Al Ahli (QNB) Ranked Fourth, With 38.78% Of Its Total Assets, Amounting To EGP 584.04 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP226.47Bn By The End Of September 2023.

The Fifth Position Was Claimed By Banque Misr, With 34.51% Of Its Total Assets, Amounting To EGP 2.50 tn, Concentrated In Its Total Financial Investment Portfolio, Which Totaled EGP862.92Bn.

aiBank Secured The Sixth Position With A Concentration Of 32.74%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 20.50 Bn, And Its Total Assets Amounted To EGP62.61Bn By The End Of September 2023.

Abu Dhabi Commercial Bank - Egypt (ADCB) Secured The Seventh Position With A Concentration Of 32.36%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 28.26 Bn, And Its Total Assets Amounted To EGP87.34Bn By The End Of September 2023, Followed By Commercial International Bank (CIB) At Eighth Place With Concentration of 30.88%.

saib Took The Ninth Position, With 30.85% Of Its Total Assets, Amounting To EGP107.33Bn, Concentrated In Its Total Financial Investments, Which Reached EGP 33.11 Bn By The End Of September 2023.

Emirates NBD Ranked Tenth, With 28.93% Of Its Total Assets, Amounting To EGP 129.37 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP37.42Bn By The End Of September 2023, Followed By CIB, ABK Egypt Eighth With Concentration ratios of 28.12%, 28.06% during the same period.

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