ADIB Egypt Tops Listed Banks In Return On Shareholders' Equity At 2022
Abu Dhabi Islamic Bank-Egypt was able to achieve a strong performance during the past year, as the bank topped the First Bank list of the most efficient listed banks in achieving return on shareholders’ Equity (ROE), with 28.19% During 2022, maintaining its position for the third quarter of the same year.
the bank's net profit jumped by 54.05%, to record EGP 2.13 bn in 2022, compared to
EGP 1.38 bn in 2021, an increase of EGP745.81 mn.
Asset portfolio jumped by 29.1%, to record EGP116.83 bn at the end of last year, compared to EGP90.55 bn at the end of 2021, an increase of EGP 26.27 bn.
savings pools portfolio increased from EGP75.68 bn at the end of 2021 to EGP 97.61 bn at the end of 2022, achieving a growth rate of 28.94%, and an increase of EGP 21.93 bn.
Total loans of Abu Dhabi Islamic Bank jumped by about 25.04%, to reach EGP 59.7 bn by the end of 2022, compared to EGP 47.7 bn by the end of 2021.
