QNB Al Ahli maintains its contractionary policy during H1 -2022

QNB Al Ahli, private sector lender, has been seen more conservative in employing its resources as its resources employment rate declined by 79.66 % by the end of H1\2022 compared to a rate of 80.66% by 2021 end.

The resources employment indicator, launched by First Bank, measures to what extent the bank is employing its traditional resources (deposits + equity) in loans and financial investments.

The decline in the index indicates that the bank followed a contractionary or conservative policy in the employing its resources.

Thus, the bank has invested 306.5 billion pounds of its traditional resources, which amounted to EGP 384 billion by the end of June 2022 into loans and financial investments. It invested EGP 207 billion into loans and 98.7 billion pounds into financial investments.

On the other Hand,  it has invested EGP275.3 billion of its traditional resources, which recorded EGP 341.29 billion by the end of 2021 into loans and financial investments. It has invested EGP184.789 billion  into total loans, and  EGP 90.506 billion pounds into financial investments.

However, the bank’s traditional resources at the end of June 2022 were distributed between 338.12 billion pounds into its deposit portfolio and 46.7 billion pounds into the value of equity at the end of the same period.

In addition, Deposits to loans ratio decreased slightly to 61.48% at the end of H1-2022, compared to 62.38% at the end of 2021.  Deposits to Financial investment ratio also decreased to 29.20% at the end of June 2022, compared to 30.55% at the end of 2021.