HD Bank, Credit Agricole, and Faisal Islamic Bank: Top listed banks in terms of ROA during 2024

First Bank List of The Most Efficient Listed Banks In Terms Of Asset Investment (Return On Average Assets), ROA, During 2024 Revealed HD Bank Topping The List With A Rate Of 7.25%, Having Achieved A Net Profit Of EGP 11.039 Bn During 2024. 

The List, Including 12 Banks Listed On The Egyptian Stock Exchange, Disclosed That All Banks Achieved Positive Return Rates On Average Assets, Attributed To Varying Levels Of Success In Generating Net Profits during 2024 Without Any Reported Losses.

Return On Average Assets Measures Banks’ Efficiency In Investing Their Assets To Achieve Net Profits During The Analyzed Period. The Higher The Return, The More Efficient The Bank Is In Generating Suitable Profit Levels.

 Returning To The List, Credit Agricole Secured The Second Position With A Return Rate On Average Assets Of 6.88% During 2024, Due To Its Net Profit Rising To EGP 8.001 Bn During The same period.

Faisal Islamic Bank Claimed The Third Position On The List With A Return Rate On Average Assets Of 5.63% during 2024, Thanks To The Bank’s Achievement Of A Net Profit Of EGP 11.739 Bn The same period.

CIB Secured The Fourth Position With A Return On Average Assets Rate Of 5.43%, Having Achieved A Net Profit Of EGP 55.428 Bn During 2024.

Abu Dhabi Islamic Bank – Egypt Ranked Fifth, Achieving A Return Rate On Average Assets Of 4.21% During 2024, Recording A Net Profit Of Around EGP 8.827 Bn During The Same Period.

It’s Worth Noting That All Values Used In Calculating Return Rates On Average Assets Are Based On Separate Financial Statements Declared By Each Bank At The End Of 2024.