Ahli United Bank, SC Bank, and AAIB Top banks in focusing on corporate loans investment by end of 2023

First Bank Has Revealed A List Of Banks With The Highest Focus On Corporate Loans During The last year, Ahli United Bank - Egypt Topped The List, After Corporate Loans Acquired 94.47% Of The Bank's Total Loans, As Its Corporate Loans Portfolio Recorded EGP 67.15 bn By The End Of December 2023, While Total Loan Portfolio Reached EGP 63.44 Bn During The Same Period.

The List Measures The Investment Trends Of 22 Banks, 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.

Suez Canal Bank Took The Second Place With 90% Of Its Total Customer Loans, Valued At EGP 37.11 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 33.40 Bn By The End Of December 2023.

AAIB Ranked Third On The List, After Corporate Loans Acquired 87.91% Of The Bank's Total Loans, As Its Corporate Loans Portfolio Recorded EGP 135.80 bn By The End Of December 2023, While Total Loan Portfolio Reached EGP 154.48 Bn During The Same Period.

NBE Secured The Fourth Position With 87.45% Of Its Total Customer Loans, Valued At EGP 2.287 Tn, Concentrated In The Corporate Loan Portfolio Worth EGP 2 Tn By The End Of December 2023,

EBank Egypt Secured The Fifth Position, With Corporate Loans Accounting For 85.88% Of Its Total Customer Loans Valued At EGP 46.90 Bn, The Bank's Total Customer Loan Portfolio Amounted To EGP 54.62 Bn By The End Of December 2023.

alBaraka Bank Ranked Sixth On The List, As 82.64% Of Its Total Customer Loans, Amounting To EGP 43.65 Bn, Were Concentrated In The Corporate Loan Portfolio By The End Of December 2023. The Bank's Corporate Loan Portfolio Reached EGP 36.07 Bn, Followed By NBK Egypt With 82.31% During The Same Period.

Attijariwafa Bank Came In Eight position With Corporate Loans Accounting For 80.27% Of Its Total Customer Loans Valued At EGP 44.02 Bn. The Bank's Corporate Loan Portfolio Amounted To EGP 35.33 Bn By The End Of December 2023.

Qatar National Bank Al Ahli (QNB) Secured The Ninth place, 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 Tenth After 79.53 % Of Its Total Customer Loans, Valued At EGP 16.05Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 12.77 Bn By The End Of December 2023, Followed By ADCB, CIB With concentration ratios of 78.09%, 77.34% respectively During 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.