alBaraka Bank, Suez Canal Bank And EBank, Are Fastest Growing Listed Banks In Personal Finance At 2022
alBaraka Bank – Egypt topped First bank list with a growth rate of 98%, after the bank’s total personal loans portfolio jumped to EGP3.7 bn at the end of December 2022, compared to EGP 1.9 bn at the end of December 2021.
Suez Canal Bank occupied second place with a growth rate of 62.70% over the past year, after the bank’s total personal loans portfolio increased from EGP 1.6 bn at the end of December 2021, and recorded EGP 2.6 bn at the end of December 2022.
EBank came third, with a growth rate of 39.67% over the past year, after the bank’s total personal loans portfolio increased to 3.8 bn at the end of December 2022, compared to EGP2.7 bn at the end of December 2021.
Faisal Islamic Bank of Egypt came in fourth place, with a growth rate of 39.41% over the past year, after the bank’s total personal loans portfolio increased from EGP 211mn at the end of December 2021, to reach EGP 294mn at the end of December 2022.
As for the fifth place, Housing and Development Bank came with 33.54% over the past year, after its total personal loans portfolio increased to EGP9.1 bn pounds at the end of December 2022, compared to EGP6.8 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 Listed Banks In Personal Finance At 2022
| # | Bank Name | During 2022 | During2021 | Growth Rate% |
|---|---|---|---|---|
| 1 |
alBaraka Bank Egypt |
3.742 billion pounds | 1.89 billion pounds | 98 % |
| 2 |
Suez Canal Bank |
2.595 billion pounds | 1.595 billion pounds | 62.7 % |
| 3 |
Export Development Bank of Egypt-EBank |
3.781 billion pounds | 2.707 billion pounds | 39.67 % |
| 4 |
Faisal Islamic Bank of Egypt |
0.294 billion pounds | 0.211 billion pounds | 39.41 % |
| 5 |
Housing and Development Bank-HDB |
9.077 billion pounds | 6.797 billion pounds | 33.54 % |
| 6 |
SAIB BANK |
7.792 billion pounds | 6.06 billion pounds | 28.58 % |
| 7 |
Commercial International Bank-CIB |
40.138 billion pounds | 31.608 billion pounds | 27 % |
| 8 |
Qatar National Bank-QNB Al Ahli |
34.677 billion pounds | 29.027 billion pounds | 19.46 % |
| 9 |
Abu Dhabi Islamic Bank-ADIB Egypt |
13.561 billion pounds | 12.466 billion pounds | 8.78 % |
| 10 |
EGBANK |
8.012 billion pounds | 7.738 billion pounds | 3.54 % |
| 11 |
Credit Agricole Egypt |
8.117 billion pounds | 8.232 billion pounds | -1.4 % |
