Ahli United Bank, SC Bank, and AAIB Top banks in focusing on corporate loans investment by end of March 2024

First Bank

8/11/2024 11:41:00 AM

First Bank Has Revealed A List Of Banks With The Highest Focus On Corporate Loans During The first quarter of the current Year, Ahli United Bank - Egypt Topped The List, After Corporate Loans Acquired 94.59% Of The Bank's Total Loans, As Its Corporate Loans Portfolio Recorded EGP 72.05 Bn By The End Of March 2024, While Total Loan Portfolio Reached EGP 76.17 Bn During The Same Period.

The List Measures The Investment Trends Of 22 Banks, 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.

Suez Canal Bank Took The Second Place With 90.76% Of Its Total Customer Loans, Valued At EGP 44.29 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 40.19 Bn By The End Of March 2024.

AAIB Ranked Third On The List, After Corporate Loans Acquired 89.23% Of The Bank's Total Loans, As Its Corporate Loans Portfolio Recorded EGP 167.64 Bn By The End Of March 2024, While Total Loan Portfolio Reached EGP 187.87 Bn During The Same Period.

EBank Egypt Secured The Fourth Position, With Corporate Loans Accounting For 86.06% Of Its Total Customer Loans Valued At EGP 63.37 Bn, The Bank's corporate Loan Portfolio Amounted To EGP 54.45 Bn By The End Of March 2024, Followed By NBK Egypt With 83.41% during The Same Period.

Bank ABC Secured the Sixth Position With 82.11% Of Its Total Customer Loans, Valued At EGP 25.36BN, Concentrated In The Corporate Loan Portfolio Worth EGP 20.82Bn By The End Of March 2024.

QNB Ranked Seventh on The List, As 81.73% Of Its Total Customer Loans, Amounting To EGP 318.18 Bn, Were Concentrated In The Corporate Loan Portfolio By The End Of March 2024. The Bank's Corporate Loan Portfolio Reached EGP 260.06 Bn, Followed By Faisl Bank With 81.43% during The Same Period.

alBaraka Bank Secured The Ninth Place, Corporate Loans Accounting For 81.29% Of Its Total Customer Loans Valued At EGP 49.11 Bn. The Bank's Corporate Loan Portfolio Amounted To EGP 39.92 Bn By The End Of March 2024.

Attijariwafa Bank Ranked Tenth After 80.71 % Of Its Total Customer Loans, Valued At EGP 48.70Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 39.31 Bn By The End Of March 2024, Followed By CIB With Concentration Ratio Of 79.15% During The Same Period.

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 banks in focusing on corporate loans investment by March-2024end

#	Bank Name	corporate loans by March-2024end	Total loans by March-2024end	concentration ratio %
1	Al Ahli united bank Egypt	72.05 Billion pounds	76.17 Billion pounds	94.59 %
2	Suez Canal Bank	40.19 Billion pounds	44.28 Billion pounds	90.76 %
3	arab african international bank	167.64 Billion pounds	187.87 Billion pounds	89.23 %
4	Export Development Bank of Egypt-EBank	54.53 Billion pounds	63.37 Billion pounds	86.06 %
5	NBK Egypt	71.84 Billion pounds	86.14 Billion pounds	83.41 %
6	Arab Banking Corporation- ABC	20.82 Billion pounds	25.35 Billion pounds	82.11 %
7	Qatar National Bank-QNB	260.06 Billion pounds	318.17 Billion pounds	81.73 %
8	Faisal Islamic Bank of Egypt	14.68 Billion pounds	18.03 Billion pounds	81.43 %
9	alBaraka Bank Egypt	39.91 Billion pounds	49.1 Billion pounds	81.29 %
10	Attijariwafa Bank Egypt	39.3 Billion pounds	48.7 Billion pounds	80.71 %
11	Commercial International Bank-CIB	247.6 Billion pounds	312.83 Billion pounds	79.15 %
12	Abu Dhabi Commercial Bank Egypt- ADCB	33.73 Billion pounds	43.09 Billion pounds	78.27 %
13	Emirates NBD Egypt	49.82 Billion pounds	65.07 Billion pounds	76.56 %
14	Abu Dhabi Islamic Bank-ADIB Egypt	65.55 Billion pounds	86.18 Billion pounds	76.06 %
15	EGBANK	30.93 Billion pounds	41.01 Billion pounds	75.42 %
16	Credit Agricole Egypt	34.16 Billion pounds	45.63 Billion pounds	74.86 %
17	SAIB BANK	42.7 Billion pounds	57.29 Billion pounds	74.54 %
18	Al Ahli Bank of Kuwait Egypt -ABK Egypt	37.52 Billion pounds	55.42 Billion pounds	67.7 %
19	BANK NXT	16.64 Billion pounds	25.13 Billion pounds	66.2 %
20	Banque Du Caire-BDC	111.38 Billion pounds	189.86 Billion pounds	58.67 %
21	Bank of Alexandria-Alex Bank	39.92 Billion pounds	68.91 Billion pounds	57.93 %
22	Housing and Development Bank-HDB	22.71 Billion pounds	48.49 Billion pounds	46.83 %