Suez Canal Bank is Most focused listed bank into corporates loans in 9M
Suez Canal Bank topped First Bank list of most focused listed banks into corporates loans by 91.31% during the first 9 months of 2022
The bank’s total corporate loans posted EGP 27.5 billion at the end of September 2022, while loans and facilities to customers recorded EGP30.1 billion.
First Bank has made up a list for the most focused into corporate loans which revealed the investment trends of banks listed on the Egyptian Stock Exchange, specifically regarding corporate loans.
The list relied on the criterion (total corporate loans / total loans and facilities to customers), to give an indication of the extent to which the bank’s customer loans portfolio is concentrated into corporates loans.
Export Development Bank of Egypt (E Bank) was ranked second on the list after total corporates loans accounted for 89.79% of the bank’s total customer loans. The total customers’ loans amounted to EGP 43.8 billion, while total corporate loans recorded EGP 39.3 billion by the end of September 2022.
Al Baraka Bank - Egypt came in third place, after the concentration of 87.3% of the total loans of the bank’s customers in the total loans of institutions, which recorded 27.3 billion pounds, while the total loans of the bank’s customers amounted to about 31.2 billion by the end of September 2022.
Al Baraka Bank - Egypt was the third on the list after its total corporates loans acquired 87.3% of total loans to customers. The total corporates loans portfolio recorded EGP 27.3 billion pounds, while the total loans and facilities to customers stood at EGP31.2 billion by the end of September 2022.
Faisal Islamic Bank of Egypt came fourth after total corporates loans accounted for 84.84% of total loans to customers. The total corporates loans portfolio posted EGP11.9 billion at the end of September 2022, while total loans and facilities to customers amounted to EGP 14.1 billion.
Moreover, QNB Al Ahli Bank ranked fifth after total corporates loans accounted for 80.03% of total loans to customers. The total corporates loans were at EGP172.6 billion, while total loans and facilities recorded EGP 215.6 billion by the end of September 2022.
- The figures included in the list are according to the independent financial results announced for each bank by the end of September 2022.
Most focused listed banks into corporates loans during 9 months
| # | Bank name | Total corporate loans 9M-22 | Total customer loans 9M-22 | Concentration rate % |
|---|---|---|---|---|
| 1 |
Suez Canal Bank |
27.508 billion pounds | 30.126 billion pounds | 91.31 % |
| 2 |
Export Development Bank of Egypt-EBank |
39.332 billion pounds | 43.805 billion pounds | 89.79 % |
| 3 |
alBaraka Bank Egypt |
27.263 billion pounds | 31.228 billion pounds | 87.3 % |
| 4 |
Faisal Islamic Bank of Egypt |
11.923 billion pounds | 14.054 billion pounds | 84.84 % |
| 5 |
Qatar National Bank-QNB  |
172.569 billion pounds | 215.627 billion pounds | 80.03 % |
| 6 |
Abu Dhabi Islamic Bank-ADIB Egypt |
43.245 billion pounds | 57.435 billion pounds | 75.29 % |
| 7 |
Commercial International Bank-CIB |
148.124 billion pounds | 197.972 billion pounds | 74.82 % |
| 8 |
SAIB BANK |
30.607 billion pounds | 41.279 billion pounds | 74.15 % |
| 9 |
Credit Agricole Egypt |
24.852 billion pounds | 34.795 billion pounds | 71.42 % |
| 10 |
EGBANK |
18.15 billion pounds | 27.032 billion pounds | 67.14 % |
| 11 |
Housing and Development Bank-HDB |
14.017 billion pounds | 34.282 billion pounds | 40.89 % |
