EBank, fastest growing listed bank in 2022

Export Development Bank of Egypt achieved a strong performance during 2022, topped First Bank list of  fastest growing banks listed on the Egyptian Stock Exchange during the past year, with a composite growth rate of 52.12%.

Net profits jumped by 145.10%, to record EGP1.229 bn in 2022, compared to EGP501.38 mn in 2021, an increase of EGP 727.5 mn.

Asset portfolio increased to EGP96.7 bn by  the end of 2022, compared to EGP76.2 bn by the end of 2021, achieving a growth rate of 26.93%, and an increase of EGP20.52 bn.

Deposits portfolio at a growth rate of 13.16% over the past year, as it rose to EGP72.85 bn by the end of 2022, compared to EGP 64.38 bn by the end of 2021, achieving an increase of EGP8.47 bn.

EBank strengthened its loan portfolio, until it rose to EGP44.82 bn by the end of 2022, compared to EGP36.35 bn by the end of 2021, achieving a growth rate of 23.29%, and an increase of EGP8.47 bn.

EBank also aims to be ideal financing partner for all customer segments, while providing all integrated services, products and innovative advanced banking solutions, in addition to expanding its customer base by expanding electronic services and branches.