Housing Bank, QNB Al Ahli and Suez Canal Bank, Are Fastest Growing listed Banks In Total Assets At 2022
Housing and Development Bank topped first bank list, at a rate of 35.86% during the past year, its total assets portfolio recorded EGP 103.6 bn at the end of December 2022, compared to EGP 76.3 bn at the end of December 2021. .
QNB Al Ahli came in second place on the list with 34.61% over the past year, recording its total assets portfolio of EGP 476.8 bn at the end of December 2022, compared to EGP 354.2 bn at the end of December 2021.
Suez Canal Bank came in third place, after its total asset portfolio increased by 30.01% over the past year, to record EGP 74.7 bn at the end of December 2022, compared to EGP 57.4 bn at the end of December 2021.
Abu Dhabi Islamic Bank - Egypt came in fourth place by 29.14% over the past year, to record EGP 115.5 bn at the end of December 2022, compared to EGP 89.5 bn at the end of December 2021.
Commercial International Bank came fifth, with 27.58% over the past year, about EGP633.6 bn at the end of December 2022, compared to EGP496.7 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.
Fastest Growing Banks In Total Assets At 2022
# | Bank Name | Value at December-end2022 | Value at December-end-2021 | Growth Rate% |
---|---|---|---|---|
1 | Housing and Development Bank-HDB | 103.632 billion pounds | 76.278 billion pounds | 35.86 % |
2 | Qatar National Bank-QNB | 476.762 billion pounds | 354.195 billion pounds | 34.61 % |
3 | Suez Canal Bank | 74.667 billion pounds | 57.431 billion pounds | 30.01 % |
4 | Abu Dhabi Islamic Bank-ADIB Egypt | 115.517 billion pounds | 89.45 billion pounds | 29.19 % |
5 | Commercial International Bank-CIB | 633.643 billion pounds | 496.651 billion pounds | 27.58 % |
6 | Export Development Bank of Egypt-EBank | 96.724 billion pounds | 76.202 billion poundsv | 26.93 % |
7 | Credit Agricole Egypt | 75.112 billion pounds | 60.178 billion pounds | 24.82 % |
8 | SAIB BANK | 86.077 billion pounds | 71.356 billion pounds | 20.63 % |
9 | Faisal Islamic Bank of Egypt | 151.637 billion pounds | 130.982 billion pounds | 15.77 % |
10 | EGBANK | 86.735 billion pounds | 80.212 billion pounds | 8.13 % |
11 | alBaraka Bank Egypt | 87.225 billion pounds | 82.368 billion pounds | 5.9 % |