alBaraka Bank Egypt topped First bank list with a growth rate of 98%, after the banks total personal loans por

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alBaraka Bank, Suez Canal Bank And EBank, Are Fastest Growing Listed Banks In Personal Finance At 2022

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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
alBaraka Bank Egypt
3.742 billion pounds 1.89 billion pounds 98 %
2 Suez Canal Bank
Suez Canal Bank
2.595 billion pounds 1.595 billion pounds 62.7 %
3 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
3.781 billion pounds 2.707 billion pounds 39.67 %
4 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
0.294 billion pounds 0.211 billion pounds 39.41 %
5 Housing and Development Bank-HDB
Housing and Development Bank-HDB
9.077 billion pounds 6.797 billion pounds 33.54 %
6 SAIB BANK
SAIB BANK
7.792 billion pounds 6.06 billion pounds 28.58 %
7 Commercial International Bank-CIB
Commercial International Bank-CIB
40.138 billion pounds 31.608 billion pounds 27 %
8 Qatar National Bank-QNB
Qatar National Bank-QNB
34.677 billion pounds 29.027 billion pounds 19.46 %
9 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
13.561 billion pounds 12.466 billion pounds 8.78 %
10 EGBANK
EGBANK
8.012 billion pounds 7.738 billion pounds 3.54 %
11 Credit Agricole Egypt
Credit Agricole Egypt
8.117 billion pounds 8.232 billion pounds -1.4 %