alBaraka Bank, Housing Bank, CIB and SCBank, Are Fastest Growing listed Banks In Total loans Portfolio At 2022
alBaraka Bank Egypt topped FirstBank list with a growth rate of 46.15% over the past year, to record the bank’s total loans portfolio of EGP 35.4 bn at the end of December 2022, compared to EGP24.2 bn at the end of December. 2021.
Housing and Development Bank came in second place with 41.7% over the past year, after the bank’s total loans portfolio increased to EGP38.2 bn at the end of December 2022, compared to EGP26.9 bn at the end of December 2021.
Commercial International Bank ranked third, with 34.06% over the past year, after the bank’s total loans portfolio recorded EGP 218.6 bn at the end of December 2022, compared to EGP 163.1 bn at the end of December 2021.
Suez Canal Bank ranked fourth after its total loans portfolio jumped by 25.13% over the past year, to record EGP 32.1 bn at the end of December 2022, compared to EGP 25.7 bn at the end of December 2021.
Abu Dhabi Islamic Bank - Egypt came in fifth place, with a growth rate of 25.04% over the past year, after its total loans portfolio recorded EGP 59.7 bn at the end of December 2022, compared to EGP 47.7 bn at the end of December 2021.
It should be noted that all values and growth rates mentioned above, are according to separate financial statements announced for each bank at the end of December 2022.
List of Bank's Total Loans at the end of dec-22
| # | Bank Name | Value at December-end-22 | Value at Dec-21-end | Growth Rate% |
|---|---|---|---|---|
| 1 |
alBaraka Bank Egypt | 35.38 billion pounds | 24.208 billion pounds | 46.15 % |
| 2 |
Housing and Development Bank-HDB | 38.163 billion pounds | 26.936 billion pounds | 41.7 % |
| 3 |
Commercial International Bank-CIB | 218.633 billion pounds | 163.088 billion pounds | 34.06 % |
| 4 |
Suez Canal Bank | 32.137 billion pounds | 25.682 billion pounds | 25.13 % |
| 5 |
Abu Dhabi Islamic Bank-ADIB Egypt | 59.677 billion pounds | 47.725 billion pounds | 25.04 % |
| 6 |
Qatar National Bank-QNB  | 230.768 billion pounds | 184.789 billion pounds | 24.88 % |
| 7 |
Export Development Bank of Egypt-EBank | 44.817 billion pounds | 36.35 billion pounds | 23.29 % |
| 8 |
SAIB BANK | 41.675 billion pounds | 34.102 billion pounds | 22.21 % |
| 9 |
EGBANK | 28.446 billion pounds | 24.87 billion pounds | 14.38 % |
| 10 |
Credit Agricole Egypt | 34.403 billion pounds | 30.503 billion pounds | 12.79 % |
| 11 |
Faisal Islamic Bank of Egypt | 14.546 billion pounds | 13.827 billion pounds | 5.2 % |
