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

First Bank Has Revealed A List Of Banks With The Highest Focus On Corporate Loans During The first half of the current Year, Ahli United Bank - Egypt Topped The List, After Corporate Loans Acquired 94.80% Of The Bank's Total Loans, As Its Corporate Loans Portfolio Recorded EGP 80.511 Bn By The End Of June 2024, While Total Loan Portfolio Reached EGP 76.324 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 89.38% Of Its Total Customer Loans, Valued At EGP 37.606 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 42.073Bn By The End Of June 2024.

AAIB Ranked Third On The List, After Corporate Loans Acquired 86.07% Of The Bank's Total Loans, As Its Corporate Loans Portfolio Recorded EGP 192.752 Bn By The End Of June 2024, While Total Loan Portfolio Reached EGP 165.900 Bn During The Same Period.

EBank Egypt Secured The Fourth Position, With Corporate Loans Accounting For 84.81% Of Its Total Customer Loans Valued At EGP 62.72 Bn, The Bank's corporate Loan Portfolio Amounted To EGP 53.19 Bn By The End Of June 2024.

NBK Egypt ranked Fifth With 84.27% Of Its Total Customer Loans Valued At EGP 80.392 Bn, The Bank's corporate Loan Portfolio Amounted To EGP 95.40 Bn By The End Of June 2024.

Bank ABC Secured the Sixth Position With 82.24% Of Its Total Customer Loans, Valued At EGP 26.635 BN, Concentrated In The Corporate Loan Portfolio Worth EGP 21.905 Bn By The End Of June 2024.

QNB Ranked Seventh on The List, As 81.39% Of Its Total Customer Loans, Amounting To EGP 262.49 Bn, Were Concentrated In The Corporate Loan Portfolio By The End Of June 2024. The Bank's Corporate Loan Portfolio Reached EGP 322.52Bn.

Attijariwafa Bank Secured The Eigth Place, Corporate Loans Accounting For 81.25% Of Its Total Customer Loans Valued At EGP 52.537 Bn. The Bank's Corporate Loan Portfolio Amounted To EGP 42.688 Bn By The End Of June 2024.

Faisl Bank Ranked ninth After 80.65 % Of Its Total Customer Loans, Valued At EGP 13.88 Bn, Were Concentrated In Corporate Loan Portfolio, Which Reached EGP 17.21 Bn By The End Of June 2024.

Al Baraka Bank Ranked tenth on The List, As 79.09% Of Its Total Customer Loans, Amounting To EGP 49.81Bn, Were Concentrated In The Corporate Loan Portfolio By The End Of June 2024. The Bank's Corporate Loan Portfolio Reached EGP 39.39Bn, followed by CIB with 79.04 % Of Its Total Customer Loans by the end of 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 June 2024.