Other banks were in a better financial position because of their small assets sizes and strong capital coverage rates. Ahli United Bank (AUB), Barclays, NBK, Emirates NBD, Credit Agricole, and Blom Bank occupied the top six positions in the Business News Index for the most efficient banks. The Export Development Bank Of Egypt (EBE) outperformed the National Bank of Egypt (NBE) and Banque Misr, the largest state-owned banks, to rank 13th, while NBE and Banque Misr banks occupied the 15th and 16th place respectively. The NBE, Audi, and ABC banks occupied the top three positions in the sub-index of non-performing loans in terms of the lowest proportion, ranging between 0.6% and 2%. Audi Bank occupied the fourth position with a growth ratio of 67.11%.

Source: Daily News Egypt May 22, 2017 07:07 UTC