Faisal Bank, and alBaraka Bank, Top banks in focusing on Financial Investments by end of 2023

According To First Bank List Of Banks With The Highest Concentration on Financial Investments And T-Bills By December 2023 End, Has Revealed That Faisal Islamic Bank Topped The List With A Concentration Ratio Of 54.40%. By The End Of December 2023, The Bank's Assets Reached EGP176.96Bn, With Total Financial Investments In The Bank Amounting To Approximately EGP 96.26 Bn By The Same Period.

The List Reveals The Investment Trends Of 21 Banks In The Egyptian Banking Sector, Based On The Criterion (Total Financial Investments And Treasury Bills / Total Assets), Providing An Indicator Of The Extent To Which A Bank's Assets Are Concentrated In The Financial Investments Category.

alBaraka Bank Secured The Second Position, With A Total Value Of Financial Investments And T-Bills Reaching EGP 40.43 Bn, Representing 42.94% Of Its Total Assets Valued At EGP100.45Bn By The End Of December 2023.

EGBANK, The Egyptian Gulf Bank, Came Third With 41.46% Of Its Total Assets Concentrated in Financial Investments. Its Financial Investments Totaled EGP40.43Bn By the End of December 2023, And Its Assets Amounted To EGP 97.52 Bn During The Same Period.

Qatar National Bank Al Ahli (QNB) Ranked Fourth, with 40.13% Of Its Total Assets, amounting to EGP 249.04 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP620.53Bn By The End Of December 2023.

The Fifth Position Was Claimed by HD Bank, With 36.75% Of Its Total Assets, Amounting To EGP 125.10Tn, Concentrated In Its Total Financial Investment Portfolio, Which Totaled EGP45.97Bn.

aiBank Secured The Sixth Position With A Concentration Of 34.49%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 21.19 Bn, And Its Total Assets Amounted To EGP61.45Bn By The End Of December 2023.

Emirates NBD Ranked Seventh, With 33.78% Of Its Total Assets, Amounting To EGP 128.12 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP43.28Bn By The End Of December 2023.

Abu Dhabi Commercial Bank - Egypt (ADCB) Secured the Eighth Position with A Concentration Of 32.46%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 31.83 Bn, And Its Total Assets Amounted To EGP98.06Bn By The End Of December 2023.

Saib come in Tenth position, with 31.66% Of Its Total Assets, Amounting to EGP107.880Bn, Concentrated In Its Total Financial Investments, Which Reached EGP 34.15 Bn By The End Of December 2023 Followed By AAIB With Concentration Of 31.29%.

It Is Worth Noting That all Values and Concentration ratios Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank By The End Of December 2023.