SC Bank, saib and EGBANK top Fastest growing banks in direct loans during Q1-2025

First Bank list of the fastest growing banks in direct loans to companies during the first quarter of this year revealed that Suez Canal Bank topped the list after its portfolio jumped by about 38.8%, reaching 27.42 billion pounds by the end of March 2025, compared to 19.75 billion pounds by the end of 2024.

The «First Bank» list monitored the size of direct corporate loan portfolios at 24 banks operating in the Egyptian banking sector, for which financial data was available during the period under analysis, and revealed that 20 banks under analysis achieved positive growth rates, while 4 banks recorded a noticeable decline during the first quarter of 2025.

Returning to the list, the Arab International Banking Company «saib» Bank seized second place, thanks to an increase in its direct loans to companies by about 27.2% during the first quarter of this year, recording 9.47 billion pounds by the end of March 2025, compared to 7.45 by the end of 2024.

The Egyptian Gulf Bank «EGBANK» won third place, thanks to an increase in the volume of its direct loans to companies by about 23.1% during the first 3 months of 2025, reaching 20.6 billion pounds at the end of last March, compared to 16.74 billion pounds at the end of 2024.

First Abu Dhabi Bank – Egypt «FABMISR» took fourth place, as its portfolio of direct loans to companies increased by about 17.9% during the first quarter of this year, reaching 73.77 billion pounds by the end of March 2025, compared to 62.59 billion pounds by the end of 2024.

Abu Dhabi Islamic Bank – Egypt «ADIB» came fifth, as the direct financing portfolio for companies jumped by about 17.2% during the first quarter of 2025, reaching 69.80 billion pounds by the end of March 2025, compared to 59.54 billion pounds by the end of 2024.

Abu Dhabi Commercial Bank – Egypt «ADCB» ranked sixth, after its portfolio of direct loans to companies rose by about 13.5% during the first quarter of 2025, recording 32.41 billion pounds at the end of last March, compared to 28.54 billion pounds at the end of 2024.

The Egyptian Export Development Bank «EBank» seized seventh place, as the volume of its direct loans to companies jumped by about 11.2% during the first 3 months of this year, reaching 15.01 billion pounds by the end of March 2025, compared to 13.50 billion pounds by the end of 2024.

The United Bank came eighth, after its portfolio of direct loans to companies increased by about 10.4% during March 2025, recording 15.44 billion pounds at the end of March 2025, compared to 13.99 billion pounds at the end of 2024.

At 9th place, Attijariwafa Bank increased its volume of direct loans to companies by about 7.2% during the first quarter of 2025, reaching 9.17 billion pounds by the end of March 2025, compared to 8.56 billion pounds by the end of 2024.

As for tenth place, it went to Kuwait Finance House – Egypt, after its portfolio of direct loans to companies increased by about 6.6% during the first 3 months of 2025, reaching 59.18 billion pounds by the end of March 2025, compared to 55.51 billion pounds by the end of 2024.

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 at the end of March 2025.