The return on average assets remained at 1.2%. 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%. Despite the decrease in capital adequacy indicators, they remained significantly higher than regulatory ratios, with the capital adequacy ratio dropping to 18.9% at the end of 2022 from 22.2% in 2021. The tier-1 capital adequacy ratio recorded 12%, down from 13.4%, but it was still much higher than the regulatory ratios at 7%. HSBC: Second Place in Profitability and Loan-to-Deposit Ratio With a slight difference from Alexandria Bank, HSBC Bank took second place, depriving it of the top spot due to the low Loan-to-Deposit Ratio, which exceeded EGP 151.1bn in loans of EGP 40.9bn. Despite its profits qualifying it as the second-highest bank in return on average assets and average equity.