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

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![]() |
397.609 EGP bn | 103.83 EGP bn | 293.78 EGP bn |
2 |
Qatar National Bank-QNB ![]() |
447.578 EGP bn | 171.114 EGP bn | 276.464 EGP bn |
3 |
Commercial International Bank-CIB![]() |
430.57 EGP bn | 179.86 EGP bn | 250.71 EGP bn |
4 |
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![]() |
113.478 EGP bn | 28.48 EGP bn | 84.998 EGP bn |
6 |
Suez Canal Bank![]() |
114.344 EGP bn | 39.38 EGP bn | 74.764 EGP bn |
7 |
NBK Egypt![]() |
93.954 EGP bn | 25.158 EGP bn | 68.796 EGP bn |
8 |
Abu Dhabi Commercial Bank Egypt- ADCB![]() |
93.468 EGP bn | 30.701 EGP bn | 62.768 EGP bn |
9 |
Attijariwafa Bank Egypt![]() |
70.317 EGP bn | 17.123 EGP bn | 53.194 EGP bn |
10 |
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![]() |
91.48 EGP bn | 40.466 EGP bn | 51.014 EGP bn |
12 |
HSBC![]() |
96.409 EGP bn | 49.437 EGP bn | 46.973 EGP bn |
13 |
Arab Banking Corporation- ABC![]() |
51.744 EGP bn | 6.735 EGP bn | 45.01 EGP bn |
14 |
EGBANK![]() |
87.358 EGP bn | 46.128 EGP bn | 41.23 EGP bn |
15 |
Credit Agricole Egypt![]() |
64.095 EGP bn | 24.897 EGP bn | 39.198 EGP bn |
16 |
Emirates NBD Egypt![]() |
82.086 EGP bn | 44.15 EGP bn | 37.935 EGP bn |
17 |
SAIB BANK![]() |
77.503 EGP bn | 39.658 EGP bn | 37.845 EGP bn |
18 |
Bank of Alexandria-Alex Bank![]() |
52.061 EGP bn | 16.239 EGP bn | 35.822 EGP bn |
19 |
BANK NXT![]() |
46.557 EGP bn | 26.968 EGP bn | 19.589 EGP bn |
20 |
alBaraka Bank Egypt![]() |
43.887 EGP bn | 37.528 EGP bn | 6.359 EGP bn |
21 |
Faisal Islamic Bank of Egypt![]() |
4.212 EGP bn | 2.94 EGP bn | 1.272 EGP bn |