HD Bank, Alex bank, Banque du Caire, and ABK _Egypt, top banks in focusing on investing in Retail loans
First Bank
FirstBank's List Of Banks With The Highest Focus On Retail Loans At The End Of last September Revealed That HD Bank Topped The List, With Its Retail Loan Portfolio Accounting For 56.10% Of The Bank's Total customer Loans, Amounting To EGP 24.04 Bn By the end of September 2023. Total customer Loans Portfolio Was EGP 42.86 Bn During The Same Period.
The List Reflects The Investment Trends Of 22 Banks In The Egyptian Banking Sector, Based On Their Financial Data For Analysis, Specifically In Terms Of Retail Loans. It Provides An Indicator Of How Much The Bank's Customer Loan Portfolio Is Concentrated In retail Loans.
Alex Bank Secured The Second Position With 45.28% Of Its Total Customer Loans, Concentrated In Retail Loans portfolio Valued At EGP 27.86Bn, while total customer Loans Amounting To EGP 61.53Bn By September 2023.
Banque Du Caire Claimed The Third Position, With Its Retail Loan Portfolio Representing EGP 68.25 Bn, With 42.06% Of The Bank's Total Customer Loans, Valued At EGP162.26 Bn By the end of September 2023.
Moving On To The Fourth Position, ABK_Egypt, Concentrated 34.57% Of Its Total Customer Loans Into Retail Loan Portfolio, Totaling EGP 14.97Bn by the end of September 2023. Their Total Customer Loan Portfolio Amounted To EGP 43.29 Bn By The End Of the same period.
AiBank Claimed The Fifth Position With 28.22% after Its Total Customer Loans Valued At EGP 24.14 Bn, while Retail Loans portfolio registered EGP 6.81 Bn by the end if September 2023.
Credit Agricole - Egypt Claimed The Sixth Position With 27.02% Of Its Total Customer Loans, Valued At EGP38.53 Bn, Concentrated In Retail Loans portfolio Totaling EGP 10.41Bn By the end of September 2023.
Saib and Egyptian Gulf Bank -EGBANK Secured together The Seventh Position as each Bank’s Retail loans portfolio recorded 25.79% of their Total Customer Loans portfolio by the end of September 2023, Total Customer Loans portfolio of Saib Amounted To EGP 46.47 Bn, while total Retail loans portfolio registered EGP 11.98 Bn by the end of September 2023. Total Customer Loans portfolio of EGBANK Amounted To EGP 33.29 Bn, while total Retail loans portfolio registered EGP 8.59 Bn by the end of the same period.
Emirates NBD - Egypt Secured The Eighth Position With 25.20%, its total Retail loans portfolio Valued At EGP 13.77Bn, while Total Customer Loans portfolio Amounted To EGP 54.66Bn By the end of September 2023.
Abu Dhabi Islamic Bank-Egypt Claimed The Ninth Spot, Focusing 24.44% Of Its EGP 65.55Bn Total Customer Loan Portfolio Into Retail Loans Portfolio, Which Amounted To EGP 16.02 Bn By The End Of September 2023, Following By ADCB - Egypt, CIB – Egypt With A Concentration Rates Of 22.95%, 22.21% Respectively By The End Of The Same Period.
It Is Worth Noting That Values And Concentration Rates Mentioned In The Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of September 2023.
Top banks in focusing on retail loans investment by September -2023 End
| # | Bank Name | retail loans | Total customer loans | Concentration rate % |
|---|---|---|---|---|
| 1 |
Housing and Development Bank-HDB | 24.043 billion pounds | 42.858 billion pounds | 56.1 % |
| 2 |
Bank of Alexandria-Alex Bank | 27.857 billion pounds | 61.527 billion pounds | 45.28 % |
| 3 |
Banque Du Caire-BDC | 68.252 billion pounds | 162.263 billion pounds | 42.06 % |
| 4 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt | 14.967 billion pounds | 43.289 billion pounds | 34.57 % |
| 5 |
BANK NXT | 6.813 billion pounds | 24.14 billion pounds | 28.22 % |
| 6 |
Credit Agricole Egypt | 10.409 billion pounds | 38.527 billion pounds | 27.02 % |
| 7 |
EGBANK | 8.588 billion pounds | 33.294 billion pounds | 25.79 % |
| 8 |
SAIB BANK | 11.985 billion pounds | 46.467 billion pounds | 25.79 % |
| 9 |
Emirates NBD Egypt | 13.774 billion pounds | 54.659 billion pounds | 25.2 % |
| 10 |
Abu Dhabi Islamic Bank-ADIB Egypt | 16.021 billion pounds | 65.549 billion pounds | 24.44 % |
| 11 |
Abu Dhabi Commercial Bank Egypt- ADCB | 7.911 billion pounds | 34.477 billion pounds | 22.95 % |
| 12 |
Commercial International Bank-CIB | 56.522 billion pounds | 254.517 billion pounds | 22.21 % |
| 13 |
Attijariwafa Bank Egypt | 7.933 billion pounds | 39.518 billion pounds | 20.07 % |
| 14 |
Faisal Islamic Bank of Egypt | 3.102 billion pounds | 15.737 billion pounds | 19.71 % |
| 15 |
Qatar National Bank-QNB  | 51.171 billion pounds | 259.764 billion pounds | 19.7 % |
| 16 |
NBK Egypt | 12.735 billion pounds | 68.568 billion pounds | 18.57 % |
| 17 |
alBaraka Bank Egypt | 6.919 billion pounds | 40.942 billion pounds | 16.9 % |
| 18 |
Export Development Bank of Egypt-EBank | 6.852 billion pounds | 54.082 billion pounds | 12.67 % |
| 19 |
arab african international bank | 19.241 billion pounds | 155.678 billion pounds | 12.36 % |
| 20 |
Banque Misr | 111.738 billion pounds | 912.662 billion pounds | 12.24 % |
| 21 |
Suez Canal Bank | 3.575 billion pounds | 36.471 billion pounds | 9.8 % |
| 22 |
Al Ahli united bank Egypt | 3.565 billion pounds | 63.637 billion pounds | 5.6 % |
