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CIB, QNB Egypt, AAIB and FABMISR top banks in the private sector on «Strengthening financial portfolios» index last 3 years

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First Bank list of the best private sector banks operating in the Egyptian banking sector on the «Strengthening Financial Portfolios» index for the last 3 years revealed that the Commercial International Bank – Egypt «CIB» topped the list, with a record number of points of 300 points.

 

The «Strengthening Financial Portfolios index, developed by the research center of the » First Bank«website, measures the extent of the bank’s ability to grow its financial portfolios through four sub-axes: increasing total customer loans, deposits, financial investments, and equity. 

The index is calculated using unequal relative weights that reflect the relative importance of each element in supporting the bank's sustainable growth.

The classification included 19 private banks operating in the Egyptian banking sector for which financial data were available for the last 3 years, specifically for the years 2024, 2023, and 2022.

Returning to the list, Qatar National Bank «QNB» – Egypt took second place, achieving 265.18 points during the past three years, while the Arab African Bank came in third place with 265.04 points.

First Abu Dhabi Bank – Egypt «FABMISR» came in fourth place with a total of 189.88 points on the «Enhancing Financial Portfolios» index for the last 3 years.

Abu Dhabi Islamic Bank «ADIB» came in fifth place with a total of 75.75 points over the last 3 years, while the National Bank of Kuwait – Egypt «NBK-Egypt» came in sixth place with 70.18 points.

Suez Canal Bank occupied seventh place after obtaining 60.22 points, followed by Arab International Banking Company Bank «saib» in eighth place with a total of 49.20 points during the last three years.

As for ninth place, it went to Faisal Islamic Bank of Egypt with a total of 49.16 points, followed by the Bank of Alexandria in tenth place, achieving 48.18 points during the last 3 years.