SC Bank, CIB, and ADIB, Fastest growing listed banks in corporate loans during 2024

First Bank List Of The Fastest-Growing listed Banks In Corporate Loans During 2024 Revealed That SC Bank Topped The List With A Growth Rate Of 120.57%, Reaching A Total Portfolio Of EGP 73.672 Bn By The End Of 2024, Compared To EGP 33.401 Bn At The End Of December 2023.
The List, Including 11 Banks Listed On The Egyptian Stock Exchange, Disclosed That All Banks Achieved Positive Growth Rates In Their Total Corporate Loan Portfolios During 2024.
CIB Secured The Second Position With A Growth Rate Of 51.29% In Its Corporate Loans During 2024, Reaching EGP 310.205 Bn By The End Of 2024, Compared To EGP 205.039 Bn At The End Of December 2023.
ADIB Claimed The Third Position With A Growth Rate Of 49.61% During 2024, As Its Total Corporate Loan Portfolio exceeded EGP 75.084 Bn By The End Of 2024, Compared To EGP 50.186 Bn At The End Of December 2023.
QNB Took The Fourth Position With A Growth Rate Of 39.27% During 2024, As Its Total Portfolio Reached EGP 298.902 Bn By The End Of 2024, Compared To EGP 214.617 Bn At The End Of December 2023.
HD Bank Ranked Fifth With A Growth Rate Of 37.88% During 2024, Reaching A Corporate Loan Portfolio Of EGP 28.361 Bn By The End Of September 2024, Compared To EGP 20.569 Bn At The End Of December 2023.
It’s Worth Noting That All The Values And Growth Rates Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of 2024.