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

According To First Bank List Of Banks With The Highest Concentration On Financial Investments And T-Bills By June 2024 End, Has Revealed That Faisal Islamic Bank Topped The List With A Concentration Ratio Of 54.30 %. By The End Of June 2024, The Bank's Assets Reached EGP215.773Bn, With Total Financial Investments In The Bank Amounting To Approximately EGP 158.117 Bn By The Same Period.

The List Reveals the Investment Trends Of 22 Banks In The Egyptian Banking Sector, Based On The Criterion (Total Financial Investments And Treasury Bills / Total Assets), Providing An Indicator Of The Extent To Which A Bank's Assets Are Concentrated In The Financial Investments Category.

Commercial International Bank (CIB) Secured The Second Position With A Concentration Of 35.43%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 372.712 Bn, And Its Total Assets Amounted To EGP1.052tn By The End Of June 2024.

EGBANK Came In third Place, With 33.79% Of Its Assets Concentrated In Total Financial Investments Worth EGP 46.79 Bn, The Bank's Total Assets Reached Approximately EGP 138.479 Bn By The End Of June 2024.

Al Baraka Bank Secured The fourth Position, With A Total Value Of Financial Investments And T-Bills Reaching EGP 41.90 Bn, Representing 33.63% Of Its Total Assets Valued At EGP124.59Bn By The End Of June 2024.

QNB Ranked Fifth, with 33.61% Of Its Total Assets, Amounting To EGP 740.925 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP249.032Bn By The End Of June 2024.

HD Bank Came In Sixth Place, With 33.01% Of Its Assets Concentrated In Total Financial Investments Worth EGP 49.510 Bn, The Bank's Total Assets Reached Approximately EGP 149.981 Bn By The End Of June 2024.

Bank ABC Secured The Seventh Position, With A Total Value Of Financial Investments And T-Bills Reaching EGP 22.964 Bn, Representing 29.55% Of Its Total Assets Valued At EGP77.713Bn By The End Of June 2024.

BANK NXT Secured the Eighth Position With A Concentration Of 28.96%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 21.393 Bn, And Its Total Assets Amounted To EGP73.862Bn By The End Of June 2024.

ADCB Egypt Ranked Ninth, With 28.90% Of Its Total Assets, Amounting To EGP 115.075 Bn, Concentrated In Its Total Financial Investment Portfolio, Which Reached EGP33.252Bn By The End Of June 2024.

Arab African international Bank-AAIB Secured The Tenth Position With A Concentration Of 29.09%, With Its Total Financial Investment And T-Bills Portfolio Reaching About EGP 213.567 Bn, And Its Total Assets Amounted To EGP760.407Bn By The End Of June 2024.

It Is Worth Noting That All Values And Concentration Ratios Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank By The End Of June 2024.