Credit Agricole, saib, and ADIB Egypt top listed banks in focusing on customer loans by June- 2024End
First Bank
According To First Bank List of Listed Banks Most Concentrated On Customer Loans investment, credit Agricole Bank Topped The List With A Rate Of 41.05% After Its Net Customer Loan Portfolio Reached EGP46.88bn By The End Of June 2024, While Its Asset Portfolio Amounted To EGP 114.22 bn During The same period.
First Bank List Revealed the Investment Trends Of Listed Banks On The Egyptian Stock Exchange, Specifically In Terms Of Net Customer Loan Portfolios. It Relies On The Metric Of "Net Customer Net Loans/Assets" To Provide An Indicator Of How Much A Bank's Assets Are Concentrated In The Customer Loans Category.
Returning To the List, Saib Took the Second Position With A Net Customer Loan Portfolio Concentration Of 40.96% Of Its Total Assets Valued At EGP 141.43 Bn, While Its Net Customer Loans Amounted To Approximately EGP 57.93 Bn By The End Of June 2024.
The Third Position Was Secured By Abu Dhabi Islamic Bank - Egypt, With 40.91 % Of Its Total Assets Concentrated In Its Net Customer Loan Portfolio, Valued At EGP 85.47 Bn, While Its Asset Portfolio Reached EGP 208.91 Bn By The End Of June 2024.
As For the Fourth Position, It Was Attained By QNB, With 40.65% Of Its Total Assets Concentrated In Its Net Customer Loan Portfolio, Valued At EGP 301.20 Bn, While The Bank's Total Assets Amounted To Approximately EGP 740.93 Bn By The End Of June 2024.
EBank Ranked Fifth, With A Concentration ratio Of 38.15% Its Total Assets reached EGP 157.99Bn, while Its Net Customer Loan Portfolio, Amounted To EGP 60.28Bn By The End Of June 2024. Following Closely Were alBaraka Bank With a Concentration ratio Of 34.15% during The Same Period.
It Is Worth Noting That All the Values And Concentration Percentages Mentioned In The Analysis Above Are Based On The Separate Financial Statements Declared By Each Bank At The End Of June 2024.
Top listed banks in focusing on customer loans by June-2024end
# | Bank Name | customer loans by June-2024end | Total assets At H1-2024 | concentration ratio % |
---|---|---|---|---|
1 | Credit Agricole Egypt | 46.884 Billion pounds | 114.217 Billion pounds | 41.05 % |
2 | SAIB BANK | 57.925 Billion pounds | 141.425 Billion pounds | 40.96 % |
3 | Abu Dhabi Islamic Bank-ADIB Egypt | 85.47 Billion pounds | 208.908 Billion pounds | 40.91 % |
4 | Qatar National Bank-QNB | 301.203 Billion pounds | 740.925 Billion pounds | 40.65 % |
5 | Export Development Bank of Egypt-EBank | 60.279 Billion pounds | 157.993 Billion pounds | 38.15 % |
6 | alBaraka Bank Egypt | 43.016 Billion pounds | 124.596 Billion pounds | 34.52 % |
7 | Housing and Development Bank-HDB | 46.411 Billion pounds | 149.981 Billion pounds | 30.94 % |
8 | EGBANK | 39.173 Billion pounds | 138.48 Billion pounds | 28.29 % |
9 | Commercial International Bank-CIB | 283.989 Billion pounds | 1.052 triillion pounds | 27 % |
10 | Suez Canal Bank | 37.338 Billion pounds | 139.095 Billion pounds | 26.84 % |
11 | Faisal Islamic Bank of Egypt | 13.794 Billion pounds | 215.773 Billion pounds | 6.39 % |