First Banks list of the best private sector banks in return on average assets for the last 3 years revealed t

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HSBC, Credit Agricole and FABMISR top best private sector banks in return on average assets during the last 3 years

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First Bank’s list of the best private sector banks in return on average assets for the last 3 years revealed that HSBC Bank – Egypt«HSBC» topped the list, after the average rate of return on its average assets reached 5.69% in the last 3 years, as the rate of return reached Its average assets reached 7.88% in 2024, compared to 5.70% in 2023, and 3.49% in 2022.

The First Bank»» list monitored the return on average assets of 21 private banks operating in the Egyptian banking system for which financial statements were available for the last 3 years, specifically for the years 2024, 2023 and 2022, and showed that they all achieved positive rates of return on average assets.

The return on average assets measures the efficiency of banks in investing their assets with the aim of achieving net profits during the period under analysis, and the higher the return, the more this indicates the bank’s efficiency in investing its assets to achieve appropriate profit levels.

Returning to the list, Credit Agricole Bank-Egypt took second place, as the average return on its average assets reached 5.38% in the last 3 years, thanks to achieving a rate of return on average assets that reached 6.88% in 2024, 5.68% in 2023, and 3.58% in 2022.

First Abu Dhabi Bank - Egypt «FABMISR» occupied third place with an average rate of return on average assets of 4.76% in the last 3 years, as it achieved a return on average assets of 7.44% during 2024, 4.15% during 2023, and 2.67% during 2022.

Commercial International Bank-Egypt came fourth «CIB», where the average rate of return on average assets reached 4.07% in the last 3 years, after achieving a rate of return on average assets that reached 5.43% during 2024, 3.92% during 2023, and 2.85% during 2022.

The fifth place was dominated by Al Ahli Bank of Kuwait-Egypt«ABK-Egypt», after the average rate of return on average assets reached 3.78% in the last 3 years, as it achieved a return on average assets that reached 5.55% during 2024, 3.24% during 2023, and 2.54%.% during 2022.

Faisal Islamic Bank came in sixth place, after the average rate of return on its average assets reached 3.75% in the last 3 years, as it achieved a rate of return on average assets that reached 5.63% in 2024, 2.47% in 2023, and 3.17% in 2022.

The Bank of Alexandria ranked seventh, with an average return on average assets of 3.71% in the last 3 years, as the rate of return on its average assets reached 5.43% in 2024, 3.39% in 2023, and 2.30% in 2022.

Kuwait Finance House Bank-Egypt took eighth place, with an average return on average assets of 3.42% in the last 3 years, thanks to achieving a rate of return on average assets that reached 4.26% in 2024, 3.33% in 2023, and 2.68% in 2022.

National Bank of Kuwait-Egypt«NBK-Egypt» came ninth, after the average rate of return on its average assets reached 3.29% during the last three years, as it achieved a rate of return on average assets of 4.46% during 2024, 3.41% during 2023, and 2% during 2022.

As for tenth place, it went to Abu Dhabi Islamic Bank-Egypt «ADIB-Egypt» with an average rate of return on average assets of 3.18% during the last 3 years, thanks to achieving a rate of return on average assets that reached 4.21% during 2024, and 3.25% during 2023, and 2.07% in 2022.

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.

Return on average assets growth in private sector Banks during 3 years

# Bank Name Return on average assets ratio in the Bank during 2024 Return on average assets ratio in the Bank during 2023 Return on average assets ratio in the Bank during 2022 Return on average assets ratio Average in the Bank during 3 years
1 HSBC
HSBC
7.88 % 5.7 % 3.49 % 5.69 %
2 Credit Agricole Egypt
Credit Agricole Egypt
6.88 % 5.68 % 3.58 % 5.38 %
3 First Abu Dhabi Bank Egypt-FAB
First Abu Dhabi Bank Egypt-FAB
7.44 % 4.15 % 2.67 % 2.67 %
4 Commercial International Bank-CIB
Commercial International Bank-CIB
5.43 % 3.92 % 2.85 % 4.07 %
5 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
5.55 % 3.24 % 2.54 % 2.54 %
6 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
5.63 % 2.47 % 3.17 % 3.75 %
7 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
5.43 % 3.39 % 2.3 % 3.71 %
8 Al Ahli united bank Egypt
Al Ahli united bank Egypt
4.26 % 3.33 % 2.68 % 3.42 %
9 NBK Egypt
NBK Egypt
4.46 % 3.41 % 2 % 3.29 %
10 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
4.21 % 3.25 % 2.07 % 3.18 %
11 Qatar National Bank-QNB
Qatar National Bank-QNB
3.61 % 2.87 % 2.44 % 2.97 %
12 Suez Canal Bank
Suez Canal Bank
4.01 % 2.58 % 1.57 % 2.72 %
13 Attijariwafa Bank Egypt
Attijariwafa Bank Egypt
3.45 % 2.67 % 1.92 % 2.68 %
14 Emirates NBD Egypt
Emirates NBD Egypt
3.7 % 2.82 % 1.29 % 2.6 %
15 Abu Dhabi Commercial Bank Egypt- ADCB
Abu Dhabi Commercial Bank Egypt- ADCB
3.68 % 2.22 % 1.58 % 2.49 %
16 alBaraka Bank Egypt
alBaraka Bank Egypt
2.64 % 2.37 % 2.07 % 2.36 %
17 Arab Banking Corporation- ABC
Arab Banking Corporation- ABC
2.71 % 3.04 % 0.41 % 2.05 %
18 BANK NXT
BANK NXT
2.51 % 1.97 % 1.04 % 1.84 %
19 arab african international bank
arab african international bank
1.86 % 1.62 % 1.25 % 1.58 %
20 EGBANK
EGBANK
2.16 % 1.53 % 1.02 % 1.57 %
21 SAIB BANK
SAIB BANK
1.35 % 0.99 % 0.95 % 1.1 %