HD Bank, EGBANK, and ADIB Egypt, Top listed banks in focusing on personal loans investment by March 2024end
First Bank
According To The List Provided By FirstBank Of The Most Focused Listed Banks On Personal Loans By The End Of The Previous March, Housing & Development Bank -HD Bank Topped The List. Bank's Personal Loans Accounted For 24.31% Of The Total Customer Loans, Amounting To EGP 48.49 Bn By The End Of March 2024. While Personal Loans Reached EGP 11.79 Bn During The Same Period.
The List Measures Investment Trends Of 10 Listed Banks on The Egyptian Stock Exchange, Specifically At The Level Of Personal Loan Portfolios. The List Is Based on The Ratio of Personal Loans To Total Customer Loans, Providing An Indicator Of The Extent To Which Customer Loans In The Bank Are Concentrated In Personal Loans By March -2024End.
Returning To the List, Egyptian Gulf Bank- EGBANK Secured The Second Position, With 22.94% Of Their Total Customer Loans Concentrated On Their Personal Loan Portfolio. Their Personal Loans Amounted To EGP 9.41 Bn, While Total Customer Loans Reached EGP 41.02 Bn By The End Of March 2024.
Abu Dhabi Islamic Bank - Egypt Ranked Third, With Personal Loans Accounting For 22.26% Of Their Total Customer Loans. The Bank Recorded A Total Loan Portfolio Of EGP 86.18 Bn, While Its Personal Loan Portfolio Reached EGP 19.18 Bn By The End Of March 2024.
Saib Came In Fourth Place, With Personal Loans Representing 21.04% Of Their Total Customer Loans, Amounting To EGP 57.29 Bn. Their Personal Loan Portfolio Was Valued At EGP 12.06 Bn By The End Of March 2024.
Credit Agricole Egypt Ranked Fifth, With Its Personal Loan Portfolio Accounting For 19.61% Of Their Total Customer Loans Concentrated On The Personal Loan Portfolio. Their Personal Loans Amounted To EGP 8.95 Bn, While Total Customer Loans Reached EGP 45.64 Bn By The End Of March 2024, Closely Followed By alBaraka and CIB, With Concentration Ratios Of 18.21% And 14.95%, Respectively, By The End Of The Same Period.
It Is Worth Noting That All The Values And Concentration Ratios Mentioned In The Above Analysis Are Based On Separate Announced Financial Statements Of Each Bank By The End Of March 2024.
Top listed banks in focusing on personal loans investment by March-2024end
| # | Bank Name | personal loans during Q1-2024 | Total loans during Q1-2024 | concentration ratio % |
|---|---|---|---|---|
| 1 |
Housing and Development Bank-HDB |
11.791 Billion pounds | 48.494 Billion pounds | 24.31 % |
| 2 |
EGBANK |
9.41 Billion pounds | 41.015 Billion pounds | 22.94 % |
| 3 |
Abu Dhabi Islamic Bank-ADIB Egypt |
19.184 Billion pounds | 86.184 Billion pounds | 22.26 % |
| 4 |
SAIB BANK |
12.056 Billion pounds | 57.293 Billion pounds | 21.04 % |
| 5 |
Credit Agricole Egypt |
8.948 Billion pounds | 45.635 Billion pounds | 19.61 % |
| 6 |
alBaraka Bank Egypt |
8.942 Billion pounds | 49.108 Billion pounds | 18.21 % |
| 7 |
Commercial International Bank-CIB |
46.763 Billion pounds | 312.832 Billion pounds | 14.95 % |
| 8 |
Qatar National Bank-QNB  |
44.015 Billion pounds | 318.179 Billion pounds | 13.83 % |
| 9 |
Export Development Bank of Egypt-EBank |
7.493 Billion pounds | 63.374 Billion pounds | 11.82 % |
| 10 |
Suez Canal Bank |
3.955 Billion pounds | 44.285 Billion pounds | 8.93 % |
