Faisal Bank, EGBANK, and alBaraka, Top listed banks in focusing on Financial Investments by March- 2024end

First Bank List of Listed Banks with The Highest Focus On Financial Investments Has Revealed That Faisal Islamic Bank Tops The List With A Concentration Ratio Of 52.22%. By The End Of March 2024, The Bank's Assets Reached EGP217.18Bn, With Total Financial Investments in The Bank Amounting to Approximately EGP 113.42 Bn during The Same Period.

This List, including 11 Banks Listed on The Egyptian Stock Exchange, Discloses The Investment Directions Of Listed Banks, Specifically In Terms Of Financial Investments And T-Bills. The Concentration Ratio Is Based on The Criteria Of (Total Financial Investments And T-Bills/Assets), Providing An Indicator Of How Focused A Bank's Assets Are In The Financial Investments Category.

EGBANK Came In second Place, With 45.13% Of Its Assets Concentrated In Total Financial Investments Worth EGP 45.13 Bn, The Bank's Total Assets Reached Approximately EGP 119.93 Bn By The End Of March 2024.

alBaraka bank secured The Third Position, With A Total Value Of Financial Investments And T-Bills Reaching EGP 44.86 Bn, representing 39.69% Of Its Total Assets Valued At EGP113.02Bn By The End Of March 2024.

Commercial international Bank Claimed the Fourth Position, With 35.19% Of Its Assets, Valued At EGP 972.36 Bn, Concentrated In Total Financial Investments And T-Bills Amounting To EGP 342.15 Bn By The End Of March 2024.

As For The Fifth Position, It Was Secured By QNB, With 34.15% Of Its Assets Concentrated In Total Financial Investments, Representing A Portion Of Its Total Assets Valued At EGP 722.16 Bn. Total Financial Investments Amounted To EGP 246.65 Bn By The End Of March 2024, Followed By HD Bank With Concentration Ratio Of 27.33% During The Same Period.

It's Worth Noting That The Concentration Percentages And Values Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of March 2024.