EGBANK, Al Baraka Bank, and saib, Fastest-growing listed banks in retail loans during 2024

According To First Bank List Of The Fastest-Growing Listed Banks In Retail Loans During 2024, EGBank Topped The List With A Growth Rate Of 91.81%, Reaching A Total Portfolio Of EGP 16.047 Bn By The End Of 2024, Compared To EGP8.366 Bn By The End Of December 2023.

The List, including 11 Banks Listed On The Egyptian Stock Exchange, Reveals Positive Growth Rates In Retail Loan Portfolios For all Banks Analyzed During The Period From January To September 2024.

 Al Baraka Bank Secured The Second Position With A Growth Rate Of 65.23% During 2024, Reaching A Total Retail Loan Portfolio Of EGP 12.525 Bn By The End Of 2024, Compared To EGP7.580 Bn By The End Of December 2023. 

saib Claimed the Third Position With A Growth Rate Of 56.44% During 2024, Registering EGP 19.776 Bn In Retail Loans By The End Of 2024, Compared To EGP 12.641 Bn By The End Of December 2023.

ADIB Ranked Fourth With A Growth Rate Of 51.77% During 9M of the current Year, Reaching A Total Retail Loan Portfolio Of EGP 27.656 Bn By The End Of 2024, Compared To EGP 18.223 Bn By The End Of December 2023.

The Fifth Position Was Secured By SC Bank, With A Growth Rate Of 47.96% During 9M of the current Year, Recording EGP 5.494 Bn In Retail Loans By The End Of 2024, Compared To EGP 3.713 Bn By The End Of December 2023.

It’s Worth Noting That All Values and Growth Rates Mentioned In The Analysis Are Based On Separate Financial Statements Announced By Each Bank By The End Of 2024.