SC Bank, CIB, and ADIB, Fastest-growing listed banks in shareholders’ Equity During 2024

First Bank List Revealed The Fastest-Growing Listed Banks In Shareholders’ Equity During 2024. SC Bank Topped The List,With A Growth Rate Of 77.56%, Reaching EGP 13.873 Bn By End Of 2024 Compared To EGP 7.813 Bn By End Of December 2023.

Shareholders’ Equity Refers To What Remains For Owners After Deducting All Obligations From Total Bank Assets, Reflecting Shareholders’ Equity In The Bank’s Assets. First Bank List Included 11 Banks Listed On The Egyptian Stock Exchange. 

The Report Revealed That All Listed Banks Achieved Positive Growth Rates In Their Total Equity Portfolios During The Period during 2024. CIB of Egypt Secured The Second Position With A Growth Rate Of 67.98% during 2024, Raising Its Total Equity to EGP 151.686 Bn by the end of 2024, compared to To EGP 90.300 Bn By End Of December 2023.

ADIB Claimed The Third Position With A Growth Rate Of 60.61% during 2024, after moving from A Total Equity Of EGP 13.930Bn by the end of December 2023, reaching EGP 22.373 Bn by the end of 2024.

saib Took The Fourth Position With A Growth Rate Of 59.77% during 2024, Increasing Its Total Equity To EGP 19.721 Bn by the end of 2024, Compared To EGP 12.344 Bn By the end of December 2023.

HD Bank Secured The Fifth Position, Experiencing A Growth Rate Of 57.88% during 2024, Recording EGP 24.245 Bn In Total Equity by the end of 2024, Compared To EGP 15.357 Bn By the end of December 2023.

It’s Worth Noting That All Values And Growth Rates Mentioned Are Based On Separate Financial Statements Declared By Each Bank At The End Of 2024.