First Bank List Of The Fastest-Growing Listed Banks In Terms Of Corporate Loans In The First Half Of The Curre

CIB,Listed Banks,corporate loans,Corporate loan portfolio,Fastest-Growing

CIB, EGBANK, and EBank fastest-growing listed banks in terms of corporate loans in H1-2023

FirstBank

First Bank List Of The Fastest-Growing Listed Banks In Terms Of Corporate Loans In The First Half Of The Current Year Revealed That Commercial International Bank-CIB Topped The List With A Growth Rate Of 20.06%. Its Total Portfolio Increased To EGP 198.5 Bn By The End Of June 2023, Compared To EGP 165.3 Bn By The End Of December 2022.

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

EGBank Came Second After Its Total Corporate Loans Jumped By A Growth Rate Of 17% During The First Half Of The Current Year, Reaching EGP 23.3 Bn By The End Of June 2023, Compared To EGP 19.9 Bn By The End Of December 2022.

As For The Third Place, It Went To EBank After Its Total Corporate Loan Portfolio Increased By A Growth Rate Of 16.09% During The First Half Of The Current Year, Recording EGP 46.8 Bn By The End Of June 2023, Compared To EGP 40.3 Bn By The End Of December 2022.

Saib Ranked Fourth With A Growth Rate Of 14.80% During The First 6 Months Of The Current Year, With Its Total Portfolio Reaching EGP 35.5 Bn By The End Of June 2023, Compared To EGP 30.9 Bn By The End Of December 2022.

Qatar National Bank of Egypt- QNB Al Ahli Ranked Fifth With A Growth Rate Of 10.83% During The First Half Of The Current Year, As Its Total Corporate Loan Portfolio Increased From EGP 185.5 Bn By The End Of December 2022 To reach EGP 205.6 Bn By The End Of June 2023.

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

Fastest growing listed banks in corporate loans during H1-2023

# Bank Name Valu by June 2023end Value At-Dec-End-22 Growth rate %
1 Commercial International Bank-CIB
Commercial International Bank-CIB
198.518 BIllion pounds 165.345 BIllion pounds 20.06 %
2 EGBANK
EGBANK
23.289 BIllion pounds 19.905 BIllion pounds 17 %
3 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
46.765 BIllion pounds 40.282 BIllion pounds 16.09 %
4 SAIB BANK
SAIB BANK
35.473 BIllion pounds 30.9 BIllion pounds 14.8 %
5 Qatar National Bank-QNB Al Ahli
Qatar National Bank-QNB Al Ahli
205.635 BIllion pounds 185.541 BIllion pounds 10.83 %
6 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
49.827 BIllion pounds 45.286 BIllion pounds 10.03 %
7 Suez Canal Bank
Suez Canal Bank
31.97 BIllion pounds 29.381 BIllion pounds 8.81 %
8 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
12.933 BIllion pounds 12.037 BIllion pounds 7.44 %
9 Credit Agricole Egypt
Credit Agricole Egypt
26.6 BIllion pounds 25.103 BIllion pounds 5.96 %
10 alBaraka Bank Egypt
alBaraka Bank Egypt
32.601 BIllion pounds 31.054 BIllion pounds 4.98 %
11 Housing and Development Bank-HDB
Housing and Development Bank-HDB
17.639 BIllion pounds 16.969 BIllion pounds 3.953 %