NBE, MID Bank, and SC Bank Fastest-growing banks in total customer loans during 9M-2024
First Bank List of Egyptian Banks With The Fastest Growth In Total Customer Loans during The first 9M of the current Year Revealed That National Bank of Egypt Topped The List With A Growth Rate Of 51.23%, With A Total Portfolio Of Around EGP 3.640 tn By The End Of September 2024, Compared To EGP 2.407 Bn At The End Of December 2023.
The List, Which Included 28 Banks Operating In The Egyptian Banking Sector With Available Financial Data During The Analysis Period, Showed That All Banks Achieved Positive Growth Rates In Their Total Loan Portfolios From January To September 2024.
MID Bank Came In Second Place With A Growth Rate Of 50.65% during The first 9M of the current Year, With A Total Customer Loans Of EGP 29.452 bn By The End Of September 2024, Compared To EGP 19.550 Bn At The End Of December 2023.
As For the Third Place, It Was Secured By SC Bank With A Growth Rate Of 49.67% during The first 9M of the current Year, With A Total Customer Loans Of EGP 37.114 bn By The End Of September 2024, Compared To EGP 55.547 Bn At The End Of December 2023.
Fourth Place Was Taken By FABMISR With A Growth Rate Of 45% during The first 9M of the current Year, With A Total Loan Portfolio Of EGP 125.6 Bn By The End Of September 2024, Compared To EGP 86.7 Bn At The End Of December 2023.
ABK-Egypt Ranked Fifth With A Growth Rate Of 44.20% With A Total Customer Loans Of EGP 67.778 bn By The End Of September 2024, Compared To EGP 47.003 Bn At The End Of December 2023.
saib Ranked Sixth with A Growth Rate Of 41.69% during The first 9M of the current Year, As Its Total Customer Loan Portfolio increased From EGP 65.529 Bn At The End Of December 2023 To EGP 46.248 Bn By The End Of September 2024
As For The Seventh Place, It Was Secured By ADIB With A Growth Rate Of 39.89% during The first 9M of this Year, With A Total Customer Loans Of EGP 95.694 bn By The End Of September 2024, Compared To EGP 68.409 Bn At The End Of December 2023.
Bank ABC Came In Eighth Place With A Growth Rate Of 36% during The first 9M of the current Year, With A Total Customer Loans Of EGP 32.1 bn By The End Of September 2024, Compared To EGP 23.6 Bn At The End Of December 2023.
Attijariwafa bank Ranked ninth With A Growth Rate Of 33.20% With A Total Customer Loans Of EGP 58.635 bn By The End Of September 2024, Compared To EGP 44.019 Bn At The End Of December 2023.
EGBANK Ranked Sixth with A Growth Rate Of 32.90% during The first 9M of the current Year, As Its Total Customer Loan Portfolio increased From EGP 44.805 Bn At The End Of December 2023 To EGP 33.713 Bn By The End Of September 2024
It's Worth Noting That All The Mentioned Values And Growth Rates In The Above Analysis Are Based On Separate Financial Statements Issued By Each Bank By The End Of September 2024.
Total customer loans development in banks operating in the Egyptian banking sector during the first 9M-2024
| # | Bank Name | Total customer loans during 9M-2024 | Total Customer Loans at The End Of December 2023 | growth rate % |
|---|---|---|---|---|
| 1 |
National Bank of Egypt-NBE |
3.64 Trillion pounds | 2.407 Trillion pounds | 51.23 % |
| 2 |
MIDBANK |
29.452 Billion pounds | 19.55 Billion pounds | 50.65 % |
| 3 |
Suez Canal Bank |
55.547 Billion pounds | 37.114 Billion pounds | 49.67 % |
| 4 |
First Abu Dhabi Bank Egypt-FAB |
125.6 Billion pounds | 86.7 Billion pounds | 45 % |
| 5 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt |
67.778 Billion pounds | 47.003 Billion pounds | 44.2 % |
| 6 |
SAIB BANK |
65.529 Billion pounds | 46.248 Billion pounds | 41.69 % |
| 7 |
Abu Dhabi Islamic Bank-ADIB Egypt |
95.694 Billion pounds | 68.408 Billion pounds | 39.89 % |
| 8 |
Arab Banking Corporation- ABC |
32.1 Billion pounds | 23.6 Billion pounds | 36 % |
| 9 |
Attijariwafa Bank Egypt |
58.635 Billion pounds | 44.019 Billion pounds | 33.2 % |
| 10 |
EGBANK |
44.804 Billion pounds | 33.712 Billion pounds | 32.9 % |
| 11 |
Banque Misr |
1.27 Trillion pounds | 955.921 Billion pounds | 32.81 % |
| 12 |
Emirates NBD Egypt |
79.49 Billion pounds | 60.066 Billion pounds | 32.34 % |
| 13 |
Commercial International Bank-CIB |
349.808 Billion pounds | 265.103 Billion pounds | 31.95 % |
| 14 |
NBK Egypt |
98.14 Billion pounds | 76.055 Billion pounds | 29.04 % |
| 15 |
arab african international bank |
197.454 Billion pounds | 154.377 Billion pounds | 27.9 % |
| 16 |
Al Ahli united bank Egypt |
84.04 Billion pounds | 67.15 Billion pounds | 25.15 % |
| 17 |
alBaraka Bank Egypt |
54.509 Billion pounds | 43.727 Billion pounds | 24.66 % |
| 18 |
Qatar National Bank-QNB  |
334.501 Billion pounds | 268.576 Billion pounds | 24.55 % |
| 19 |
Export Development Bank of Egypt-EBank |
67.331 Billion pounds | 54.617 Billion pounds | 23.28 % |
| 20 |
Credit Agricole Egypt |
51.88 Billion pounds | 42.705 Billion pounds | 21.48 % |
| 21 |
Abu Dhabi Commercial Bank Egypt- ADCB |
45.585 Billion pounds | 37.79 Billion pounds | 20.63 % |
| 22 |
Housing and Development Bank-HDB |
53.712 Billion pounds | 45.485 Billion pounds | 18.09 % |
| 23 |
Faisal Islamic Bank of Egypt |
18.874 Billion pounds | 16.05 Billion pounds | 17.6 % |
| 24 |
BANK NXT |
26.738 Billion pounds | 22.796 Billion pounds | 17.29 % |
| 25 |
Banque Du Caire-BDC |
202.701 Billion pounds | 173.908 Billion pounds | 16.56 % |
| 26 |
The United Bank |
30 Billion pounds | 26.815 Billion pounds | 11.88 % |
| 27 |
Bank of Alexandria-Alex Bank |
70.712 Billion pounds | 63.933 Billion pounds | 10.6 % |
| 28 |
Agricultural Bank of Egypt |
80.3 Billion pounds | 78.826 Billion pounds | 1.87 % |
