Suez Canal Bank, EBank, and alBaraka bank top listed banks in focusing on corporate loans by 2023-end

First Bank Has Revealed A List Of Listed Banks With The Highest Focus On Corporate Loans During by the end of last December, Suez Canal Bank Claimed The First Position After 90% Of Its Total Customer Loans, Amounting To EGP 37.11 Bn By The End Of December 2023, Were Concentrated In The Corporate Loan Portfolio Valued At EGP 33.40 Bn by the end of The Same Period.

The List Measures The Investment Trends Of 11 Listed Banks In The Egyptian Stock Exchange, Specifically In Terms Of Corporate Loans. It Relies On The Ratio Of (Corporate Loans/Total Customer Loans) As A Indicator Of The Bank's Portfolio Concentration In The Category Of Corporate Loans By December -2023end.

Moving On To The List, EBank Secured The Second Position With 85.88% Of Its Total Customer Loans, Valued At EGP 54.62 Bn, Concentrated In The Corporate Loan Portfolio Worth EGP 46.90 Bn By The End Of December 2023. 

AlBaraka Bank-Egypt Ranked Third On The List, As 82.64% Of Its Total Customer Loans Were Concentrated In The Corporate Loan Portfolio Amounted To EGP 36.07 Bn By The End Of December 2023. The Bank's customer Loan Portfolio Reached EGP 43.65 Bn by the end of The Same Period.

Qatar National Bank Al Ahli Secured The Fourth Position, With Corporate Loans Accounting For 79.91% Of Its Total Customer Loans Valued At EGP 268.58 Bn. The Bank's Corporate Loan Portfolio Amounted To EGP 214.62 Bn By The End Of December 2023.

Faisal Islamic Bank -Egypt Ranked Fifth After 79.53 % Of Its Total Customer Loans, Valued At EGP 16.05 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 12.77 Bn By The End Of December 2023, Followed By CIB With Concentration Ratio 77.34% by the end of The Same Period.

It Is Worth Noting That The Concentration Ratios And Values Mentioned In The Above Analysis Are Based On Separate Financial Statements Declared By Each Bank At The End Of December 2023.