HSBC, Credit Agricole, and FABMISR Top Foreign Banks in Return on Average Assets over the Last 3 Years
HSBC topped the list of the best-performing foreign banks operating in Egypt in terms of average return on average assets (ROAA) over the past three years, with an average of 5.69%.
Crédit Agricole came second with 5.38%, while FABMISR ranked third at 4.76%. ABK-Egypt and Kuwait Finance House-Egypt secured the fourth and fifth spots with averages of 3.78% and 3.42%, respectively.
According to First Bank’s ranking of the best foreign banks in Egypt by ROAA for the last three years (2022–2024), HSBC led the list, with its average ROAA 5.69% over 3 years, after reaching 7.88% in 2024, compared to 5.70% in 2023 and 3.49% in 2022.
The ranking covered 13 foreign banks operating in the Egyptian banking sector with available financial data for the past three years. All of them reported positive ROAA levels during the period under review.
ROAA is a key measure of a bank’s efficiency in utilizing its assets to generate net profits. A higher ratio indicates stronger performance in leveraging assets to deliver sustainable profitability.
Returning to the list, Crédit Agricole-Egypt came second, with an average ROAA of 5.38%, supported by results of 6.88% in 2024, 5.68% in 2023, and 3.58% in 2022.
First Abu Dhabi Bank-Egypt «FABMISR ranked third, posting an average ROAA of 4.76% over the three years, after recording 7.44% in 2024, 4.15% in 2023, and 2.67% in 2022.
In fourth place, Al Ahli Bank of Kuwait-Egypt «ABK-Egypt» achieved an average ROAA of 3.78%, with 5.55% in 2024, 3.24% in 2023, and 2.54% in 2022.
Fifth place went to Kuwait Finance House-Egypt, which posted an average ROAA of 3.42%, with ratios of 4.26% in 2024, 3.33% in 2023, and 2.68% in 2022.
All figures and ratios cited in this analysis are based on the independently published financial statements of each bank.
Evolution of Rate of return on average assets of foreign Banks in last 3 years
| # | Bank Name | Rate of return on average assets 2024-End | Rate of return on average assets 2023-End | Rate of return on average assets 2022-End | Average Rate of return on average assets of 3 Years |
|---|---|---|---|---|---|
| 1 |
HSBC |
7.88 % | 5.7 % | 3.49 % | 5.69 % |
| 2 |
Credit Agricole Egypt |
6.88 % | 5.68 % | 3.58 % | 5.38 % |
| 3 |
First Abu Dhabi Bank Egypt-FAB |
7.44 % | 4.15 % | 2.67 % | 4.76 % |
| 4 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt |
5.55 % | 3.24 % | 2.54 % | 3.78 % |
| 5 |
Al Ahli united bank Egypt |
4.26 % | 3.33 % | 2.68 % | 3.42 % |
| 6 |
NBK Egypt |
4.46 % | 3.41 % | 2 % | 3.29 % |
| 7 |
Abu Dhabi Islamic Bank-ADIB Egypt |
4.21 % | 3.25 % | 2.07 % | 3.18 % |
| 8 |
Qatar National Bank-QNB  |
3.61 % | 2.87 % | 2.44 % | 2.97 % |
| 9 |
Attijariwafa Bank Egypt |
3.45 % | 2.67 % | 1.92 % | 2.68 % |
| 10 |
Emirates NBD Egypt |
3.7 % | 2.82 % | 1.29 % | 2.6 % |
| 11 |
Abu Dhabi Commercial Bank Egypt- ADCB |
3.68 % | 2.22 % | 1.58 % | 2.49 % |
| 12 |
alBaraka Bank Egypt |
2.64 % | 2.37 % | 2.07 % | 2.36 % |
| 13 |
Arab Banking Corporation- ABC |
2.71 % | 3.04 % | 0.41 % | 2.05 % |
