Crédit Agricole bank, CIB, and EBank Fastest-growing listed banks in Deposits during H1-2023
First Bank
According To First Bank List Of The Fastest-Growing Listed Banks In Terms Of Customer Deposits In The First Half Of The Current Year, Crédit Agricole bank Topped The List With A Growth Rate Of 23.96%. Total Customer Deposits Increased From EGP 60.493 Bn At The End Of December 2022 To reach EGP 74.988 Bn At The End Of June 2023.
Commercial International Bank-CIB Came Second With A Growth Rate Of 23.82% In Its Customer Deposit Portfolio During The First Half Of The Current Year, Reaching EGP 656.423 Bn At The End Of June 2023, Compared To EGP 530.124 Bn At The End Of December 2022.
Export Development Bank of Egypt Ranked Third With A Growth Rate Of 15.48% During The First Half Of The Current Year. as Customer Deposit Portfolio Reached EGP 84.134 Bn At The End Of June 2023, Compared To EGP 72.854 Bn At The End Of December 2022.
saib Came In Fourth Place With A Growth Rate Of 14.81% During The First Half Of The Current Year. Its Total Customer Deposit Portfolio Moved From EGP 73.006 Bn At The End Of December 2022 To reach EGP 83.818 Bn At The End Of June 2023.
QNB ALAHLI Ranked Fifth After Its Total Customer Deposit Portfolio Increased By A Growth Rate Of 13.26% During The First Half Of The Current Year, Reaching EGP 461.049 Bn At The End Of June 2023, Compared To EGP 407.067 Bn At The End Of December 2022.
It Should Be Noted That All The Values And Growth Rates Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced For Each Bank By End Of June 2023.
Fastest growing listed banks in terms of deposit portfolio during H1-2023
# | Bank Name | deposits by June-2023end | deposits by Dec-2022end | Growth rate % |
---|---|---|---|---|
1 | Credit Agricole Egypt | 74.988 BIllion pounds | 60.493 BIllion pounds | 23.96 % |
2 | Commercial International Bank-CIB | 656.423 BIllion pounds | 530.124 BIllion pounds | 23.82 % |
3 | Export Development Bank of Egypt-EBank | 84.134 BIllion pounds | 72.854 BIllion pounds | 15.48 % |
4 | SAIB BANK | 83.818 BIllion pounds | 73.006 BIllion pounds | 14.81 % |
5 | Qatar National Bank-QNB | 461.049 BIllion pounds | 407.067 BIllion pounds | 13.26 % |
6 | Abu Dhabi Islamic Bank-ADIB Egypt | 110.63 BIllion pounds | 97.743 BIllion pounds | 13.18 % |
7 | Suez Canal Bank | 72.936 BIllion pounds | 65.803 BIllion pounds | 10.84 % |
8 | EGBANK | 78.573 BIllion pounds | 71.723 BIllion pounds | 9.55 % |
9 | Faisal Islamic Bank of Egypt | 132.586 BIllion pounds | 123.626 BIllion pounds | 7.25 % |
10 | alBaraka Bank Egypt | 78.607 BIllion pounds | 74.42 BIllion pounds | 5.63 % |
11 | Housing and Development Bank-HDB | 90.89 BIllion pounds | 89.485 BIllion pounds | 1.57 % |