EBank Investment Strategy by end of 2023

The separate financial statements of EBank, ending on December 31 2023, revealed that Bank's asset portfolio has achieved a growth rate of 20.7%, and an increase of EGP 20bn, recording EGP 116.76 bn by the end of December 2023, compared to EGP 96.8 bn by the end of December 2022.

Analyzing the investment trends of EBank by December 2023 end:

The bank continued to allocate the majority of its funds to granting loans rather than financial investments, this is evident the remarkable different among relative weight of loans and facilities to customers compared to the relative weight of financial investments, by the end of December 2023

Customer loans and facilities

The bank's net portfolio of loans and facilities to customers witnessed an increase in its relative weight, to acquire the largest share of the bank's asset portfolio with a relative weight of 44.85% by the

end of December 2023, compared to a relative weight of 44.42% of the bank's assets by the end of December 2022.

Bank's net customer loan portfolio witnessed an increase, achieving a growth rate of 21.83% with an increase of EGP 9.38 bn during last year, to record EGP 52.36 bn by December 2023end, compared to EGP42.9bn by the end of December 2022.

Financial investments

Bank's Financial Investments rose with a growth rate of 4.9% to record EGP 28.27 bn by December 2023end, compared to EGP26.9bn by the end of December 2022.

EBank's Financial InvestmentsRanked second in terms of the bank's investment Trends, relative weight Witnessed an decrease, as acquired 24.21% of the bank's total assets by the end of December 2023 compared to a relative weight of 27.85% of the bank's assets by the end of December 2022.

Balances with Banks

Accounted for the third largest share of EBank's asset portfolio, with 17.74% by the end of December 2023, compared to a relative weight of 10.26% by the end of December 2022.

Balances with Banks jump by 108.8% and an increase of EGP 10.97 bn during the last year, to record EGP 20.72bn by the end of December 2023, compared to EGP 9.9 bn by the end of December 2022.

Cash and Balances with CBE

the relative weight of Cash and Balances with CBE, witnessed an decrease, in spite of Accounted for the Fourth largest share of the bank's investment Trends as acquired a relative weight of 7.87% of the bank's total assets by the end of December 2023, compared to a relative weight of 10.15% by the end of December 2022.

Its total value amounted to EGP 9.19 bn at the end of December 2023, compared to EGP 9.8 bn at the end of December 2022.

Other Assets

The relative weight of other assets decreased at a rate of 2.77% of the bank's total assets by the end of December of 2023, recording EGP 3.23 bn, compared to 4.81% and a value of EGP 4.7 bn at the end of December 2022.

Bank's Trends in the Loan Market

By examining the components of total loan portfolio, it is evident that the bank tends to grant credit to Corporates more than retail, given the higher relative weight at the end of 2023.

Corporate Loans

Total Corporate loans accounted for a relative weight of 85.88% of the bank's total customer loans by the end of December 2023, compared to 89.88% of the bank's total customer loans by the end of December 2022.

Total Corporate loan portfolio at the bank increased, as achieved a growth rate of 16.44% and an increase of EGP 6.6 bn during the last year, reaching EGP 46.90 bn by the end of December 2023, compared to EGP 40.3 bn at the end of December 2022.

Retail Loans

While the relative weight of the bank's retail loan portfolio witnessed an increase to reach 14.12% of the bank's total customer loans by the end of December 2023, compared to a relative weight of 10.12% of the bank's total customer loans by the end of December 2022.

Total retail loans of the bank Jumps by a growth rate of 70.10% and an increase of EGP 3.18 bn during the last year, to record EGP 7.71 bn by the end of December 2023, compared to EGP 4.54 bn by the end of December 2022.