aiBANK, EBank, ADCB Egypt, ADIB Egypt and HDBank, are fastest growing in net income from fees and commissions

First Bank list of fastest growing in terms of net income from fees and commissions, revealed that aiBANK topped the list, after its net income from fees and commissions increased by 122.97%, to record 188.6 million pounds during The first 9 months of 2022, compared to 84.6 million pounds during the same period of 2021.

Export Development Bank of Egypt ranked second with 113.36%, recording net income from fees and commissions of 335.4 million pounds during the first 9 months of last year, compared to 157.2 million pounds during the first 9 months of the previous year.

Abu Dhabi Commercial Bank - Egypt ranked third, after its net income from fees and commissions jumped by 67.16%, to record  346million pounds during the first 9 months of 2022, compared to  207million pounds during the same period of 2021.

Abu Dhabi Islamic Bank - Egypt ranked fourth, after its net income from fees and commissions increased by 54.45%, to record 579.5 million pounds during the first 9 months of 2022, compared to 375.2 million pounds during the first 9 months of 2021.

The Housing and Development Bank ranked fifth with a growth rate of 50.20%, recording net income from fees and commissions of 377.5 million pounds during the first 9 months of 2022, compared to 251.4 million during the same period last year, followed by saib bank in sixth place with a growth rate of 48.74. % during the same period.

As for the seventh place, it went to the Suez Canal Bank, with a growth rate of 41.21%, to record net income from fees and commissions of 200.3 million pounds during the first 9 months of 2022, compared to 141.9 million pounds during the same period of 2021.

Ahli United Bank ranked eighth with a growth rate of 38.83%, after its net income from fees and commissions recorded  330.5million pounds during the first 9 months of 2022, compared to 238.1million pounds during the first 9 months of 2021, followed by Attijariwafa Bank in ninth place with a growth rate of 36.42%. during the same period.

Banque Misr came in tenth place, with a growth rate of 32.48%, as its net income from fees and commissions reached 6.818 billion pounds during the first 9 months of 2022, compared to 5.147 billion during the same period in 2021.

It should be noted that all values ​​and growth rates mentioned above, are according to the separated financial statements announced for each bank during the first 9 months of 2022.