Faisal Bank, CIB, and EGBANK, Top listed banks in focusing on Financial Investments by June- 2024end

First Bank List of Listed Banks with The Highest Focus On Financial Investments Has Revealed That Faisal Islamic Bank Tops The List With A Concentration Ratio Of 54.30%. By The End Of June 2024, The Bank's Assets Reached EGP215.77Bn, With Total Financial Investments in The Bank Amounting to Approximately EGP 117.16 Bn during The Same Period.

This List, including 11 Banks Listed on The Egyptian Stock Exchange, Discloses The Investment Directions Of Listed Banks, Specifically In Terms Of Financial Investments And T-Bills. The Concentration Ratio Is Based on The Criteria Of (Total Financial Investments And T-Bills/Assets), Providing An Indicator Of How Focused A Bank's Assets Are In The Financial Investments Category.

Commercial international Bank Came In second Place, With 35.43% Of Its Assets Concentrated In Total Financial Investments Worth EGP 372.71 Bn, The Bank's Total Assets Reached Approximately EGP 1.052 Tn By The End Of June 2024.

EGBANK secured The Third Position, With A Total Value Of Financial Investments And T-Bills Reaching EGP 46.80 Bn, representing 33.79% Of Its Total Assets Valued At EGP138.48Bn By The End Of June 2024.

alBaraka Claimed the Fourth Position, With 33.63% Of Its Assets, Valued At EGP 124.60 Bn, Concentrated In Total Financial Investments And T-Bills Amounting To EGP 41.90 Bn By The End Of March 2024.

As For The Fifth Position, It Was Secured By QNB, With 33.61% Of Its Assets Concentrated In Total Financial Investments, Representing A Portion Of Its Total Assets Valued At EGP 740.93 Bn. Total Financial Investments Amounted To EGP 129.03 Bn By The End Of June 2024, Followed By HD Bank With Concentration Ratio Of 33.01% During The Same Period.

It's Worth Noting That The Concentration Percentages And Values Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of June 2024.