HD Bank, CIB, and QNB Al Ahli, top listed banks in Capital Adequacy ratio by end of 2023

The List Of First Bank For The Best Banks Listed In Capital Adequacy Ratio At The End Of Last year Revealed The Leadership Of Housing And Development Bank, After It Recorded A Capital Adequacy Ratio Of 26.31%, Followed By CIB With A Capital Adequacy Ratio Of 26.20% At The End Of December 2023.

The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Revealed The Ability Of 8 Listed Banks To Achieve A Capital Adequacy Ratio That Exceeds The Prevailing Average In The Banking Sector, Which Amounted To 18.1% At The End Of September 2023, Which Was Revealed By The Latest Statistical Bulletin Issued By The Central Bank Of Egypt.

All Listed Banks Succeeded In Exceeding The Minimum Limit Set By The Central Bank For The Capital Adequacy Ratio, Which Is 12.5%, After The Local Banks Continued To Support The Capital Adequacy Ratios With Them, At The End Of 2023, As Part Of Their Constant Endeavor To Apply The Best International Practices And Requirements Of Basel.

Capital Adequacy Ratio Expresses The Ratio Of The Components Of The Bank’s Capital To Its Risk-Weighted Assets, And Shows The Relationship Between The Source Of Capital And The Risks Surrounding The Bank’s Assets And Any Other Operations.

It Is A Tool For Measuring The Bank’s Solvency, I.E. Its Ability To Meet Its Obligations And Face Any Losses That May Occur In The Future, With The Aim Of Protecting The Bank, Depositors And Other Lenders.

QNB AL AHLI Came In Third Place After It Recorded A Capital Adequacy Ratio Of About 25.09% At The End Of Last December, While Faisal Islamic Bank Of Egypt Ranked Fourth With A Ratio Of 23.02% At The End Of 2023.

EGBANK Was Able To Obtain The Fifth Place After It Recorded A Capital Adequacy Ratio Of 20.76% At The End Of December 2023.

saib Came In Sixth Place With A Capital Adequacy Ratio Of 19.42% At The End Of December 2023, alBaraka Bank come in Seventh Place With A Capital Adequacy Ratio Of 18.56% At The End Of 2023.

Credit Agricole Came In Eight Place After It Recorded A Capital Adequacy Ratio Of About 18.55% At The End Of Last December,

 ADIB Egypt Ranked Ninth With A Ratio Of 17.98% At The End Of 2023, Followed By EBank, SC Bank With A Ratios Of 16.83%, 16.11% respectively At The End Of December 2023.

It Is Worth Noting That All The Data Mentioned In The Analysis Above Are According To Separate Financial Statements Announced By Each Bank At The End Of December 2023.