Suez Canal Bank, and EBank, top listed banks in focusing on corporate loans investment by March-2024end
First Bank
First Bank Has Revealed A List Of Listed Banks With The Highest Focus On Corporate Loans During The first quarter of the current year, Suez Canal Bank Claimed The First Position After 90.76% Of Its Total Customer Loans, Amounting To EGP 44.29 Bn By The End Of March 2023, Were Concentrated In The Corporate Loan Portfolio Valued At EGP 40.19 Bn during The Same Period.
The List Measures The Investment Trends Of 11 Listed Banks In The Egyptian Stock Exchange, 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 By March -2024end.
Moving On To The List, EBank Secured The Second Position With 86.06% Of Its Total Customer Loans, Valued At EGP 63.37 Bn, Concentrated In The Corporate Loan Portfolio Worth EGP 54.54 Bn By The End Of March 2024.
Qatar National Bank -QNB Secured The Third Position, With Corporate Loans Accounting For 81.73% Of Its Total Customer Loans Valued At EGP 318.18 Bn. The Bank's Corporate Loan Portfolio Amounted To EGP 260.06 Bn By The End Of March 2024.
Faisal Islamic Bank -Egypt Ranked Fourth After 81.43 % Of Its Total Customer Loans, Valued At EGP 18.04 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 14.69 Bn By The End Of March 2024.
alBaraka Bank Ranked Fifth On The List, As 81.29% Of Its Total Customer Loans Were Concentrated In The Corporate Loan Portfolio Amounted To EGP 39.92 Bn By The End Of March 2024. The Bank's Customer Loan Portfolio Reached EGP 49.311 Bn during The Same Period, Followed By CIB With a Concentration Ratio 79.15% By March -2024End
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 March 2024.
Top listed banks in focusing on corporate loans investment by March-2024end
# | Bank Name | corporate loans During Q1-2024 | Total loans during Q1-2024 | Concentration ratio % |
---|---|---|---|---|
1 | Suez Canal Bank | 40.191 Billion pounds | 44.285 Billion pounds | 90.76 % |
2 | Export Development Bank of Egypt-EBank | 54.539 Billion pounds | 63.374 Billion pounds | 86.06 % |
3 | Qatar National Bank-QNB | 260.061 Billion pounds | 318.179 Billion pounds | 81.73 % |
4 | Faisal Islamic Bank of Egypt | 14.687 Billion pounds | 18.037 Billion pounds | 81.43 % |
5 | alBaraka Bank Egypt | 39.918 Billion pounds | 49.108 Billion pounds | 81.29 % |
6 | Commercial International Bank-CIB | 247.605 Billion pounds | 312.832 Billion pounds | 79.15 % |
7 | Abu Dhabi Islamic Bank-ADIB Egypt | 65.559 Billion pounds | 86.184 Billion pounds | 76.07 % |
8 | EGBANK | 30.935 Billion pounds | 41.015 Billion pounds | 75.42 % |
9 | Credit Agricole Egypt | 34.162 Billion pounds | 45.635 Billion pounds | 74.86 % |
10 | SAIB BANK | 42.709 Billion pounds | 57.293 Billion pounds | 74.54 % |
11 | Housing and Development Bank-HDB | 22.712 Billion pounds | 48.494 Billion pounds | 46.83 % |