alBaraka, HD Bank And ADIB Egypt, Are Fastest Growing Listed Banks In Syndicated Loans At 2022
alBaraka Bank - Egypt topped First bank list with a growth rate of 66.62%, after its total syndicated loans portfolio recorded EGP5.1 bn at the end of December 2022, compared to EGP3.1 bn at the end of December 2021.
Housing and Development Bank occupied second place with a growth rate of 63.64% over the past year, After recording total syndicated loans portfolio if EGP 2.1 bn at the end of December 2022, compared to EGP 1.3 bn at the end of December 2021.
Abu Dhabi Islamic Bank - Egypt came in third place, with a growth rate of 40.71% over the past year, after its total syndicated loans portfolio recorded EGP 356mn at the end of December 2022, compared to EGP 253mn at the end of December 2021.
Qatar National Bank Al Ahli came in fourth place, with a growth rate of 40.37% over the past year, after total syndicated loans portfolio increased to record EGP22.4 bn pounds at the end of December 2022, compared to EGP16 bn at the end of December 2021.
saibBank ranked fifth, with a growth rate of 24.09% over the past year, after its total syndicated loans portfolio increased to EGP11.6 bn at the end of December 2022, compared to EGP9.4 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 Syndicated Loans At 2022
| # | Bank Name | During 2022 | During 2021 | Growth Rate |
|---|---|---|---|---|
| 1 |
alBaraka Bank Egypt |
5.117 Billion Pounds | 3.071 Billion Pounds | 66.62 % |
| 2 |
Housing and Development Bank-HDB |
2.111 Billion Pounds | 1.29 Billion Pounds | 63.64 % |
| 3 |
Abu Dhabi Islamic Bank-ADIB Egypt |
0.356 Billion Pounds | 0.253 Billion Pounds | 40.71 % |
| 4 |
Qatar National Bank-QNB  |
22.414 Billion Pounds | 15.968 Billion Pounds | 40.37 % |
| 5 |
SAIB BANK |
11.638 Billion Pounds | 9.379 Billion Pounds | 24.09 % |
| 6 |
EGBANK |
7.978 Billion Pounds | 6.824 Billion Pounds | 16.91 % |
| 7 |
Suez Canal Bank |
9.607 Billion Pounds | 8.242 Billion Pounds | 16.56 % |
| 8 |
Export Development Bank of Egypt-EBank |
6.74 Billion Pounds | 5.801 Billion Pounds | 16.19 % |
| 9 |
Commercial International Bank-CIB |
44.723 Billion Pounds | 43.062 Billion Pounds | 3.86 % |
| 10 |
Credit Agricole Egypt |
1.599 Billion Pounds | 1.714 Billion Pounds | -6.71 % |
