Faisal Bank, EGBANK, and alBaraka, Top banks in focusing on Financial Investments by end of March 2024
First Bank
According To First Bank List Of Banks With The Highest Concentration On Financial Investments And T-Bills By March 2023 End, Has Revealed That Faisal Islamic Bank Topped 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 By The Same Period.
The List Reveals the Investment Trends Of 22 Banks In The Egyptian Banking Sector, Based On The Criterion (Total Financial Investments And Treasury Bills / Total Assets), Providing An Indicator Of The Extent To Which A Bank's Assets Are Concentrated In The Financial Investments Category.
EGBANK Came In Second Place, With 45.13% Of Its Assets Concentrated In Total Financial Investments Worth EGP 54.12 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 44.90 Bn, Representing 39.72% Of Its Total Assets Valued At EGP113.02Bn By The End Of March 2024.
aiBank Secured The Fourth Position With A Concentration Of 35.42%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 23.98 Bn, And Its Total Assets Amounted To EGP67.69Bn By The End Of March 2024.
Commercial International Bank (CIB) Secured The Fifth Position With A Concentration Of 35.19%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 342.15 Bn, And Its Total Assets Amounted To EGP972.36Bn By The End Of March 2024.
ADCB Egypt Ranked Sixth, With 35% Of Its Total Assets, Amounting To EGP 107.77 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP37.71Bn By The End Of Of March 2024.
QNB Ranked Seventh, with 34.15% Of Its Total Assets, Amounting To EGP 722.16 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP246.65Bn By The End Of March 2024, Followed By Bank ABC With Concentration Of 28.26%.
Arab African international Bank-AAIB Secured The Ninth Position With A Concentration Of 28.12%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 196.03 Bn, And Its Total Assets Amounted To EGP697.12Bn By The End Of March 2024.
It Is Worth Noting That All Values And Concentration Ratios Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank By The End Of Of March 2024.
Top banks in focusing on Financial Investments by March-2024end
| # | Bank Name | Financial Investments by March-2024end | Total assets by March-2024end | Concentration ratio % |
|---|---|---|---|---|
| 1 |
Faisal Islamic Bank of Egypt | 113.42 Billion pounds | 217.18 Billion pounds | 52.22 % |
| 2 |
EGBANK | 54.12 Billion pounds | 119.92 Billion pounds | 45.13 % |
| 3 |
alBaraka Bank Egypt | 44.89 Billion pounds | 113.02 Billion pounds | 39.72 % |
| 4 |
BANK NXT | 23.97 Billion pounds | 67.68 Billion pounds | 35.42 % |
| 5 |
Commercial International Bank-CIB | 342.14 Billion pounds | 97.235 Billion pounds | 35.19 % |
| 6 |
Abu Dhabi Commercial Bank Egypt- ADCB | 37.71 Billion pounds | 107.76 Billion pounds | 35 % |
| 7 |
Qatar National Bank-QNB  | 246.65 Billion pounds | 722.16 Billion pounds | 34.15 % |
| 8 |
Arab Banking Corporation- ABC | 21.59 Billion pounds | 76.402 Billion pounds | 28.26 % |
| 9 |
arab african international bank | 196.03 Billion pounds | 697.12 Billion pounds | 28.12 % |
| 10 |
Housing and Development Bank-HDB | 36.32 Billion pounds | 132.944 Billion pounds | 27.33 % |
| 11 |
Emirates NBD Egypt | 37.08 Billion pounds | 137.349 Billion pounds | 27 % |
| 12 |
SAIB BANK | 35.59 Billion pounds | 137.558 Billion pounds | 25.88 % |
| 13 |
Banque Du Caire-BDC | 111.8 Billion pounds | 446.137 Billion pounds | 25.06 % |
| 14 |
NBK Egypt | 37.62 Billion pounds | 155.552 Billion pounds | 24.19 % |
| 15 |
Attijariwafa Bank Egypt | 22.52 Billion pounds | 97.727 Billion pounds | 23.05 % |
| 16 |
Credit Agricole Egypt | 24.34 Billion pounds | 110.35 Billion pounds | 22.07 % |
| 17 |
Export Development Bank of Egypt-EBank | 30.04 Billion pounds | 140.48 Billion pounds | 21.39 % |
| 18 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt | 23.48 Billion pounds | 115.15 Billion pounds | 20.39 % |
| 19 |
Abu Dhabi Islamic Bank-ADIB Egypt | 37.67 Billion pounds | 189.59 Billion pounds | 19.87 % |
| 20 |
Bank of Alexandria-Alex Bank | 32.7 Billion pounds | 175.33 Billion pounds | 18.65 % |
| 21 |
Suez Canal Bank | 23.02 Billion pounds | 136.01 Billion pounds | 16.93 % |
| 22 |
Al Ahli united bank Egypt | 21.26 Billion pounds | 127.24 Billion pounds | 16.71 |
