AAIB, saib and ADIB top fastest-growing private sector banks in Shareholders' equity during last 3 years

First Bank list of the fastest growing private sector banks operating in the Egyptian banking sector in terms of equity in the last 3 years revealed that the Arab African International Bank topped with a growth rate of 292.9%, as its portfolio rose to 132.63 billion pounds by the end of 2024, compared to 33.75 billion pounds by the end of 2021.

The «First Bank» list monitored the total equity portfolio of 19 private banks operating in the Egyptian banking system for which financial data were available for the last 3 years (specifically from the end of 2021, until the end of 2024), and showed that they all achieved positive growth rates in the last 3 years.

It is worth noting that the banks «FABMISR» and «ABC» achieved growth rates of 594.8% and 495.6% in the last 3 years as a result of the acquisitions that took place and were excluded from the classification for the accuracy of the comparison.

Returning to the list, the Arab International Banking Company Bank «saib» seized second place, as its equity portfolio increased by about 257.1% in the last 3 years, reaching 19.72 billion pounds at the end of 2024, compared to 5.52 billion pounds at the end of 2021.

Abu Dhabi Islamic Bank-Egypt «ADIB Egypt» dominated third place, thanks to an increase in its equity portfolio by about 246.1% in the last 3 years, recording 22.37 billion pounds by the end of 2024, compared to 6.46 billion pounds by the end of 2021.

Al Ahli Bank of Kuwait – Egypt «ABK – Egypt» snatched fourth place, after the volume of its equity jumped by about 231.1% in the last 3 years, reaching 15.89 billion pounds at the end of 2024, compared to 4.8 billion pounds at the end of 2021.

Suez Canal Bank came in fifth place, as its equity portfolio rose by about 215.3% in the last 3 years, reaching 13.87 billion pounds by the end of 2024, compared to 4 billion pounds by the end of 2021.

HSBC Bank - Egypt «HSBC» came sixth, as its total equity jumped by about 175.2% in the last 3 years, reaching 49.18 billion pounds at the end of 2024, compared to 17.87 billion pounds at the end of 2021.

Credit Agricole Bank – Egypt ranked seventh, thanks to an increase in its equity portfolio by about 146.9% in the last 3 years, recording 21.41 billion pounds by the end of 2024, compared to 8.67 billion pounds by the end of 2021.

Faisal Islamic Bank of Egypt came eighth, after its total equity increased by about 129% in the last 3 years, reaching 39.03 billion pounds at the end of 2024, compared to 17.04 billion pounds at the end of 2021.

Commercial International Bank – Egypt «CIB» ranked ninth, as its equity portfolio jumped by about 120.1% in the last 3 years, recording 151.69 billion pounds by the end of 2024, compared to 68.93 billion pounds by the end of 2021.

As for tenth place, it went to Emirates NBD Bank – Egypt, after its total equity increased by about 116.2% in the last 3 years, reaching 17.38 billion pounds at the end of 2024, compared to 8.04 billion pounds at the end of 2021.

It is worth noting that all values and growth rates mentioned in the above analysis are in accordance with the independent financial statements announced for each bank