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

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.