ADCB’s resources employment rate slightly decreases during Q3-2022

Abu Dhabi Islamic Bank, fastest growing Gulf bank in Egypt, its resources employment rate recorded 80.84% by the end of H1\2022 compared to a rate of 81.12% 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 slight decline in the index in the first 9 months of 2022 indicates that the bank followed a contractionary or conservative policy in the employing its resources amid global and local challenges

Thus, the bank has invested 58.444 billion pounds of its traditional resources, which amounted to EGP 72.295 billion by the end of June 2022 into loans and financial investments. It invested EGP 30.097 billion into loans and 98.7 billion pounds into financial investments.

On the other Hand, it has invested EGP38.552 billion of its traditional resources, which recorded EGP 72.295 billion by the end of 2021 into loans and financial investments. It has invested EGP30 billion into total loans, and EGP 28 billion pounds into financial investments.

However, the bank’s traditional resources at the end of June 2022 were distributed between 65.5 billion pounds into its deposit portfolio and 6.727 billion pounds into the value of equity at the end of the same period.

In addition, Deposits to loans ratio decreased slightly to 45.9% at the end of Q3-2022, compared to 54.22% at the end of 2021.  Deposits to Financial investment ratio increased to 43.23% at the end of September 2022, compared to 39.56% at the end of 2021.