SC Bank, HD Bank, and CIB, fastest growing listed banks in corporate direct loans during 2024

First Bank List Revealed the Fastest-Growing Listed Banks in Direct Loans During 2024. SC Bank Topped the List with A Growth Rate Of 355.40%, Reaching A Total Portfolio of EGP 19.75 Bn by The End of 2024, Compared To EGP 4.34 Bn In 2023.

The List, including 10 Banks Listed on The Egyptian Stock Exchange (Excluding Faisal Islamic Bank), Showed That all Banks Achieved Positive Growth Rates In Their Total Direct Loan Portfolios, From January To September 2024.

Returning To the List, HD Bank, Secured the Second Position with A Growth Rate Of 49.85% During 2024. Its Total Portfolio Reached EGP 15.22 Bn By the End of 2024, Compared To EGP 10.15 Bn At The End Of December 2023

CIB Come in Third Place with A Growth Rate Of 44.54% During 2024. Its Total Direct Loan Portfolio Reached EGP 142.33 Bn By The End Of 2024, Compared To EGP 98.47 Bn At The End Of December 2023.

ADIB Claimed The Fourth Position With A Growth Rate Of 44.32% During 2024, Its Total Direct Loan Portfolio Reaching EGP 59.54 Bn By The End Of 2024, Compared To EGP 41.25 Bn At The End Of December 2023.

QNB Secured the Fifth Position On The List With A Growth Rate Of 38.59% During 2024. Its Total Direct Loan Portfolio Reached EGP 108.96 Bn By The End Of 2024, Compared To EGP 78.62 Bn At The End Of December 2023.

It Is Important To Note That All Values And Growth Rates Mentioned In The Analysis Are Based On Separate Announced Financial Statements Of Each Bank By The End Of 2024.