SC Bank, EBank, and ADIB, fastest growing listed banks in corporate deposits during 2024
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The List Of First Bank For The Fastest Growing listed Banks In Corporate Deposits During 2024, Revealed That SC Bank Topped The List With A Growth Rate Of 92.92%, After Its Total Portfolio Rose To EGP 114.344 Bn At The End Of 2024, Compared To EGP 59.270 Bn At The End Of December 2023.
The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Disclosed That 10 Banks Of The Banks Under Analysis Achieved Positive Growth Rates In The Total Portfolio Of Corporate Deposits With Them, While 1 Bank Achieved Decline Rate In their Portfolio Of Corporate Deposits During The Period From January To December 2024.
Returning To The List, EBank Won The Second Place With A Growth Rate Of 66.33% During 2024, To Record EGP 118.910 Bn At The End Of 2024, Compared To EGP 71.492 Bn At The End Of December 2023.
ADIB Came In Third Place With A Growth Rate Of 63.49% During 2024, After The Total Portfolio Of Corporate Deposits With It Rose To EGP 113.478 Bn At The End Of 2024, Compared To EGP 69.409 Bn At The End Of December 2023.
EGBank Won The Fourth Place With A Growth Rate Of 42.19% During 2024, After The Size Of The Portfolio Of Corporate Deposits With It Jumped To EGP 87.358 Bn At The End Of 2024, Compared To EGP 61.436 Bn At The End Of December 2023.
CIB Ranked Fifth With A Growth Rate Of 40.74% During 2024, After The Total Portfolio Of Corporate Deposits With It Reached EGP 430.570 Bn At The End Of 2024, Compared To EGP 305.936 Bn At The End Of December 2023.
It Is Worth Noting That All Values And Growth Rates Mentioned In The Analysis Above Are According To Separate Financial Statements Announced For Each Bank At The End Of 2024.