HD Bank, saib, and ADIB Egypt Top Listed Banks in Focusing on Retail Loans by end of 2023

First Bank List Of Listed Banks With The Highest Concentration On retail Loans By The End Of December 2023 Revealed That Housing & Development Bank-HD Bank Topped The List. As Accounted For 54.78% Of The Total Customer Loans, Amounting To EGP 45.49 Bn By December -2023End. Meanwhile, Retail Loans Reached EGP 24.92 Bn During The Same Period.

The List Measures The Investment Trends Of 11 Listed Banks On The Egyptian Stock Exchange, Specifically In Terms Of Retail Loans. It Relies On The Criterion Of (Retail Loans/Total Customer Loans) To Provide An Indicator Of The Extent To Which The Bank's Loan Portfolio Focuses On Retail Loans by end of 2023.

Saib Ranked Second, With A Rate Of 27.37% As Its Total Customer Loans Amounting To EGP 46.25 Bn Concentrated In Its Retail Loan Portfolio, Which Reached EGP 12.66 Bn By The End Of December 2023.

Abu Dhabi Islamic Bank - Egypt Came In Third Position With 26.93% Of Its Total Customer Loans, Amounting To EGP 67.96 Bn By The End Of December 2023, Concentrated In Its Retail Loan Portfolio, Which Reached EGP 18.30 Bn By The End Of The Same Period.

Credit Agricole- Egypt Secured The Fourth Position With 25.44% Of Its Total Customer Loans Amounting To EGP 42.71 Bn Concentrated In Its Retail Loan Portfolio Valued At EGP 10.87Bn By The End Of December 2023.

EGBANK Came In Fifth Place, With 24.82% Of Its Total Customer Loans, Amounting To EGP 33.71 Bn By The End Of December 2023, Concentrated In Its Retail Loan Portfolio, Which Reached EGP 6.37 Bn 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 Announced By Each Bank By The End Of December 2023.