ADIB, EBank, and saib, Top Listed Banks In loans to deposits ratio (LDR) by March 2024 end
First Bank
First Bank List of The Best Banks In Loans To Deposits Ratio - LDR By March 2024 end Revealed That Abu Dhabi Islamic Bank - Egypt Topped The List, with a LDR Of 60.9%, As Total Loans Portfolio Reached EGP 86.18Bn, While Total Deposits Portfolio Recorded EGP 143.44 Bn by March 2024 End.
The List, Which Featured 11 Banks Listed on The Egyptian Stock Exchange, Revealed That All Banks Achieved a Good LDRs That Ranged Between 39.48%, 60.09% By end of March 2024.
Returning To the List, EBank Occupied Second Place With LDR Of 58.72%, After Its Customer Loan Portfolio Surged EGP 63.37 Bn, While Total Deposits Portfolio Reached EGP 107.92 Bn By March 2024end.
saib Ranked Third with LDR Of 54.87%, After Its Customer Loan Portfolio Recorded EGP 57.29 Bn At The End Of March 2024, While Total Deposits Portfolio Recorded EGP 104.41 Bn At The End Of The Same Period.
As For The forth Place, LDR Of credit Agricole Bank Rising To 54.09%, Its Total Loans Portfolio Grew To EGP 45.64 Bn, While Total Deposits Portfolio Recorded Around EGP 84.37Bn By The End Of March 2024.
alBaraka Bank Came Fifth With LDR Of 52.20%, As Total Loans Portfolio Recorded EGP 49.11 Bn At The End Of March 2024, While Total Deposits Portfolio Reached EGP 94.07 Bn At The End Of The Same Period.
It Should Be Noted That All Numbers and LDR Rates Mentioned Above, Are According To Separate Financial Statements Announced For Each Bank By The End Of March 2024.
Top listed banks in Loans to Deposits Ratio- LDR by March 2024end
# | Bank Name | Value AT Q1-2024 | Value At 2023 | growth rate % |
---|---|---|---|---|
1 | Abu Dhabi Islamic Bank-ADIB Egypt | 86.184 Billion pounds | 143.436 Billion pounds | 60.9 % |
2 | Export Development Bank of Egypt-EBank | 63.374 Billion pounds | 107.917 Billion pounds | 58.72 % |
3 | SAIB BANK | 57.293 Billion pounds | 104.412 Billion pounds | 54.87 % |
4 | Credit Agricole Egypt | 45.635 Billion pounds | 84.367 Billion pounds | 54.09 % |
5 | alBaraka Bank Egypt | 49.108 Billion pounds | 94.074 Billion pounds | 52.2 % |
6 | Qatar National Bank-QNB | 318.179 Billion pounds | 622.014 Billion pounds | 51.15 % |
7 | Suez Canal Bank | 44.285 Billion pounds | 93.628 Billion pounds | 47.3 % |
8 | Housing and Development Bank-HDB | 48.494 Billion pounds | 106.494 Billion pounds | 45.54 % |
9 | EGBANK | 41.015 Billion pounds | 98.138 Billion pounds | 41.79 % |
10 | Commercial International Bank-CIB | 312.832 Billion pounds | 792.409 Billion pounds | 39.48 % |
11 | Faisal Islamic Bank of Egypt | 18.037 Billion pounds | 157.344 Billion pounds | 11.46 % |