ADCB's customer loans portfolio achieves the fastest annual growth in the last 4 years, with a growth of 45.4%

Abu Dhabi Commercial Bank – Egypt «ADCB» was able to achieve a record jump in its total financing to customers during the last 4 years «, specifically since the bank launched its brand in Egypt in 2020», which pushed it towards achieving the fastest annual growth rate of 45.43% during the past year, recording 54.96 billion pounds by the end of 2024, compared to 37.79 billion pounds by the end of 2023, with an increase of 17.17 billion pounds.

Tracking the development of the portfolio’s performance during the period under analysis, we find that the bank achieved the second highest annual growth rate in its customer loan portfolio during the year 2022, at 40.88%, recording 31.40 billion pounds, compared to 22.29 billion pounds at the end of 2021, achieving an increase of 9.11 billion pounds.The bank achieved annual growth of 20.34% and 28.22%, respectively, during the years 2023 and 2020.

In general, Abu Dhabi Commercial Bank – Egypt was able to achieve strong growth rates in its main financial indicators during the past year, as its net profits jumped by 108.66%, recording 4.272 billion pounds during the year 2024, compared to 2.047 billion pounds during the year 2023, an increase of 2.225 billion pounds.

The size of the customer deposit portfolio increased at a growth rate of 34.48% and an increase of 29.87 billion pounds over the past year, reaching 116.50 billion pounds by the end of 2024, compared to 86.64 billion by the end of 2023.

In terms of the total asset portfolio, it increased by 36.81% over the past year, after rising to 134.16 billion pounds by the end of 2024, compared to 98.06 billion by the end of 2023, achieving an increase of 36.09 billion pounds.

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