CIB, Credit Agricole Bank, and saib, Top fastest-growing listed banks in terms of Assets during H1-2023

According To First Bank List Of The Fastest-Growing Listed Banks In Assets During The First Half Of The Current Year, Commercial International Bank-CIB Topped The List With A Growth Rate Of 25.41%, Reaching EGP 794.7 Bn By The End Of June 2023, Compared To EGP 633.6 Bn By The End Of December 2022.

The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Revealed That All The Banks Analyzed Achieved Positive Growth Rates In Their Total Financial Position During The Period From January To June 2023.

Credit Agricole Bank Came In Second Place With A Growth Rate Of 24.49% During The First Half Of The Current Year, As Its Total Assets Increased To EGP 93.5 Bn By The End Of March 2023, Compared To EGP 75.1 Bn By The End Of December 2022.

saib Ranked Third After Its Total Assets Increased By A Growth Rate Of 21.54% During The First Half Of The Current Year, Recording EGP 105.1 Bn By The End Of June 2023, Compared To EGP 86.5 Bn By The End Of December 2022.

EGBANK Came Forth, As Its Total Assets Increased By A Growth Rate Of 20.03% During The First Half Of The Current Year, Reaching EGP 104.1 Bn By The End Of June 2023, Compared To EGP 86.7 Bn By The End Of December 2022.

As For Fifth Place, It Was Obtained By Abu Dhabi Islamic Bank-Egypt With A Growth Rate Of 19.15% During The First Half Of Current Year, As Its Total Assets Reached EGP 137.6 Bn By The End Of June 2023, Compared To EGP 115.5 Bn By The End Of December 2022.

It Is Worth Noting That All The Values And Growth Rates Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced For Each Bank By The End Of June 2023.