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AAIB, QNB Egypt, and CIB top private sector banks in strengthening corporate deposit portfolios in last 3 years

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First Bank index of the private sector banks operating in the Egyptian banking sector that have strengthened institutional deposit portfolios for the last 3 years revealed that the Arab African International Bank topped the list, as its portfolio rose by 293.78 billion pounds in the last 3 years, reaching 397.61 billion pounds by the end of 2024, compared to 103.83 billion pounds by the end of 2021.

The «First Bank» Index for Strengthening Institutional Deposits monitored the increase values in the total institutional deposit portfolios of 21 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).

The index showed that all the banks under analysis achieved significant increases in the size of their institutional deposit portfolios in the last 3 years. It is worth noting that the banks «ABC» and «FABMISR» completed acquisitions during this period, which affected their increase values.

Returning to the list, Qatar National Bank «QNB» Egypt took second place, as its institutional deposit portfolio jumped by EGP 276.46 billion over the past 3 years, recording EGP 447.58 billion at the end of 2024, compared to EGP 171.11 billion at the end of 2021.

The Commercial International Bank of Egypt «CIB» ranked third, with an increase of EGP 250.71 billion over the past 3 years, as its total institutional deposit portfolio reached EGP 430.57 billion at the end of 2024, compared to EGP 179.86 billion at the end of 2021.

First Abu Dhabi Bank-Egypt «FABMISR» came in fourth place, after its institutional deposit portfolio increased by EGP 157.75 billion over the past 3 years, recording EGP 201.54 billion at the end of 2024, compared to EGP 43.79 billion at the end of 2021.

Abu Dhabi Islamic Bank-Egypt «ADIB-Egypt» took fifth place, after its institutional deposit portfolio increased by about 84.99 billion pounds during the last 3 years, recording 113.48 billion pounds at the end of 2024, compared to 28.48 billion pounds at the end of 2021.

Suez Canal Bank ranked sixth, with an increase of about EGP 74.96 billion over the past 3 years, as its institutional deposit portfolio recorded EGP 114.34 billion at the end of 2024, compared to EGP 39.38 billion at the end of 2021.

National Bank of Kuwait-Egypt «NBK-Egypt» came seventh, after its institutional deposit portfolio recorded 93.95 billion pounds at the end of 2024, compared to 25.16 billion pounds at the end of 2021, with an increase value of 68.80 billion pounds in the last 3 years.

Abu Dhabi Commercial Bank-Egypt «ADCB» dominated eighth place, after its institutional deposit portfolio reached EGP 93.95 billion at the end of 2024, compared to EGP 30.70 billion at the end of 2021, with an increase of EGP 62.77 billion over the past three years.

Attijariwafa Bank Egypt came in ninth place, as its institutional deposit portfolio increased by about 53.19 billion pounds in the last 3 years, after recording 70.32 billion pounds at the end of 2024, compared to 17.12 billion pounds at the end of 2021.

As for tenth place, it went to the National Bank of Kuwait-Egypt «ABK-Egypt», after its institutional deposit portfolio reached 85.95 billion pounds at the end of 2024, compared to 33.55 billion pounds at the end of 2021, with an increase value of 52.40 billion pounds in the last 3 years. 

It is worth noting that private sector banks are banks whose total contribution percentage exceeds 50%, according to data from the Egyptian Ministry of Public Business Sector.

Corporate Deposits portfolio growth in private sector banks operating in the Egyptian banking sector last 3 years

# Bank Name Corporate deposits by 2024-End Corporate deposits by 2021-End Increase value
1 arab african international bank
arab african international bank
397.609 EGP bn 103.83 EGP bn 293.78 EGP bn
2 Qatar National Bank-QNB
Qatar National Bank-QNB
447.578 EGP bn 171.114 EGP bn 276.464 EGP bn
3 Commercial International Bank-CIB
Commercial International Bank-CIB
430.57 EGP bn 179.86 EGP bn 250.71 EGP bn
4 First Abu Dhabi Bank Egypt-FAB
First Abu Dhabi Bank Egypt-FAB
201.543 EGP bn 43.792 EGP bn 157.75 EGP bn
5 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
113.478 EGP bn 28.48 EGP bn 84.998 EGP bn
6 Suez Canal Bank
Suez Canal Bank
114.344 EGP bn 39.38 EGP bn 74.764 EGP bn
7 NBK Egypt
NBK Egypt
93.954 EGP bn 25.158 EGP bn 68.796 EGP bn
8 Abu Dhabi Commercial Bank Egypt- ADCB
Abu Dhabi Commercial Bank Egypt- ADCB
93.468 EGP bn 30.701 EGP bn 62.768 EGP bn
9 Attijariwafa Bank Egypt
Attijariwafa Bank Egypt
70.317 EGP bn 17.123 EGP bn 53.194 EGP bn
10 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
85.954 EGP bn 33.553 EGP bn 52.401 EGP bn
11 Al Ahli united bank Egypt
Al Ahli united bank Egypt
91.48 EGP bn 40.466 EGP bn 51.014 EGP bn
12 HSBC
HSBC
96.409 EGP bn 49.437 EGP bn 46.973 EGP bn
13 Arab Banking Corporation- ABC
Arab Banking Corporation- ABC
51.744 EGP bn 6.735 EGP bn 45.01 EGP bn
14 EGBANK
EGBANK
87.358 EGP bn 46.128 EGP bn 41.23 EGP bn
15 Credit Agricole Egypt
Credit Agricole Egypt
64.095 EGP bn 24.897 EGP bn 39.198 EGP bn
16 Emirates NBD Egypt
Emirates NBD Egypt
82.086 EGP bn 44.15 EGP bn 37.935 EGP bn
17 SAIB BANK
SAIB BANK
77.503 EGP bn 39.658 EGP bn 37.845 EGP bn
18 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
52.061 EGP bn 16.239 EGP bn 35.822 EGP bn
19 BANK NXT
BANK NXT
46.557 EGP bn 26.968 EGP bn 19.589 EGP bn
20 alBaraka Bank Egypt
alBaraka Bank Egypt
43.887 EGP bn 37.528 EGP bn 6.359 EGP bn
21 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
4.212 EGP bn 2.94 EGP bn 1.272 EGP bn