EBank, ADIB Egypt, and QNB top listed banks in focusing on customer loans investment by March 2024end
First Bank
According To First Bank List of Listed Banks Most Concentrated On Customer Loans investment, EBank Topped The List With A Rate Of 43.39% After Its Net Customer Loan Portfolio Reached EGP61bn By The End Of March 2024, While Its Asset Portfolio Amounted To EGP 140.5 bn During The same period.
First Bank List Revealed the Investment Trends Of Listed Banks On The Egyptian Stock Exchange, Specifically In Terms Of Net Customer Loan Portfolios. It Relies On The Metric Of "Net Customer Net Loans/Assets" To Provide An Indicator Of How Much A Bank's Assets Are Concentrated In The Customer Loans Category.
Returning To The List, Abu Dhabi Islamic Bank - Egypt Took The Second Position With A Net Customer Loan Portfolio Concentration Of 42.72% Of Its Total Assets Valued At EGP 189.6 Bn, While Its Net Customer Loans Amounted To Approximately EGP 81 Bn By The End Of March 2024.
The Third Position Was Secured By QNB, With 41.16 % Of Its Total Assets Concentrated In Its Net Customer Loan Portfolio, Valued At EGP 297.2 Bn, While Its Asset Portfolio Reached EGP 722.2 Bn By The End Of March 2024.
As For The Fourth Position, It Was Attained By credit Agricole-Egypt, With 39.76% Of Its Total Assets Concentrated In Its Net Customer Loan Portfolio, Valued At EGP 43.9 Bn, While The Bank's Total Assets Amounted To Approximately EGP 110.4 Bn By The End Of March 2024.
saib Ranked Fifth, With A Concentration ratio Of 39.36% Its Total Assets reached EGP 137.43Bn, while Its Net Customer Loan Portfolio, Amounted To EGP 54.10Bn By The End Of March 2024. Following Closely Were alBaraka With Concentration Of 38.04% during The The Same Period.
It Is Worth Noting That All the Values And Concentration Percentages Mentioned In The Analysis Above Are Based On The Separate Financial Statements Declared By Each Bank At The End Of March 2024.
Top listed banks in focusing on customer loans during Q1-2024
# | Bank Name | customer loans during Q1-2024 | Assets during Q1-2024 | Concentration ratio % |
---|---|---|---|---|
1 | Export Development Bank of Egypt-EBank | 60.962 Billion pounds | 140.487 Billion pounds | 43.39 % |
2 | Abu Dhabi Islamic Bank-ADIB Egypt | 80.999 Billion pounds | 189.595 Billion pounds | 42.72 % |
3 | Qatar National Bank-QNB | 297.241 Billion pounds | 722.164 Billion pounds | 41.16 % |
4 | Credit Agricole Egypt | 43.872 Billion pounds | 110.351 Billion pounds | 39.76 % |
5 | SAIB BANK | 54.097 Billion pounds | 137.428 Billion pounds | 36.36 % |
6 | alBaraka Bank Egypt | 42.992 Billion pounds | 113.022 Billion pounds | 38.04 % |
7 | Housing and Development Bank-HDB | 44.599 Billion pounds | 132.944 Billion pounds | 33.55 % |
8 | EGBANK | 38.749 Billion pounds | 119.925 Billion pounds | 32.31 % |
9 | Suez Canal Bank | 39.814 Billion pounds | 136.015 Billion pounds | 29.27 % |
10 | Commercial International Bank-CIB | 268.483 Billion pounds | 972.359 Billion pounds | 27.61 % |
11 | Faisal Islamic Bank of Egypt | 15.125 Billion pounds | 217.183 Billion pounds | 6.96 % |