AAIB, FAB, and ABK- Egypt Fastest-Growing Banks in Shareholders' Equity during 9M-2024

1/8/2025 4:58:35 PM

First Bank List Has Revealed the Fastest-Growing Banks in Shareholders' Equity during The first 9M of the current year, arab African international Bank - AAIB Topped The List With A Growth Rate Of 72.49%. The Bank's Total Shareholders' Equity Reached EGP 122.392 Bn By The End Of September 2024, Compared To EGP70.956 Bn By The End Of September 2023.

First Bank List Identified Shareholders' Equity In 24 Banks Operating In The Egyptian Banking Sector For Which Data Was Available During The Analysis Period. It Showed That All Banks Achieved Positive Growth Rates In Their Total Shareholders’ Equity, During The Period From January To December 2024.

FABMISR, Secured second Place With A Growth Rate Of 62% during The first half of the current year. Its Total Shareholders' Equity Reached EGP 54.5Bn By The End Of September 2024, Compared To EGP 33.74 Bn By The End Of December 2023.

ABK-Egypt, Secured the third Position with A Growth Rate Of 56.45% during the first half of the current year. Its Total Shareholders' Equity Stood At EGP 14.690 Bn By The End Of September 2024, Compared To EGP 9.389 Bn By The End Of December 2023.

Banque Misr, Come In fourth Position With A Growth Rate Of 54.92% the first half of this year. Its Total Shareholders' Equity Stood at EGP 306.832 Bn By The End Of September 2024, Compared To EGP 198.060 Bn By The End Of December 2023.

saib Ranked Fifth, With A Growth Rate Of 53.67% during The first half of the current year, Reaching EGP 18.996 Bn By The End Of September 2024, Compared To EGP 12.361 Bn By The End Of December 2023.

Commercial international Bank-CIB, Come In sixth Position With A Growth Rate Of 52.20% During the first half of the current year. Its Total Shareholders' Equity Stood At EGP 137.440 Bn By The End Of September 2024, Compared To EGP 90.300 Bn By The End Of December 2023.

ADIB Claimed The seventh Position With A Growth Rate Of 44.51%. Its Total Shareholders' Equity Reached EGP 20.129 Bn By The End Of September 2024, Compared To EGP 13.929 Bn By The End Of December 2023.

Suez Canal Bank, Secured eigth Place With A Growth Rate Of 42.74% during The first 9 months of the current year. Its Total Shareholders' Equity Reached EGP 11.152Bn By the End Of September 2024, Compared To EGP 7.813 Bn By The End Of December 2023.

Faisal Bank Secured The ninth Position With A Growth Rate Of 40.79% during The first 9 months of the current year. Its Total Shareholders' Equity Reached EGP35.009 Bn By The End Of September 2024, Compared To EGP 24.866 Bn By The End Of December 2023.

HD Bank Secured The Tenth Position With A Growth Rate Of 39.12% during The first 9M months of the current year. Its Total Shareholders' Equity Reached EGP 21.365 Bn By The End Of September 2024, Compared To EGP 15.356 Bn By The End Of December 2023.

It Is Worth Noting That All the Mentioned Values and Growth Rates Above Based On Separate Announced Financial Statements Of Each Bank As Of September 2024.