The index is based on seven sub-indicators: Net Interest Margin, Nonperforming Loans-to-Total Loans ratio, Loan-to-Deposit Ratio, Tier-1 Capital Adequacy Rate, Return on Average Assets, Return on Average Equity, and Cost-to-Income Ratio. AlexBank achieved a net income of EGP 7.3bn last year, with an average of EGP 113bn in assets generating returns. It had the second-highest rate in net interest margin, as most of its gains came from interest. It also had the third-highest rate in return on average assets and average equity. Meanwhile, the return on average equity increased to 17.7% from 16.1% in 2021, and the net interest margin decreased to 3.8% from 4.2%.
