First Bank List Of Fastest-Growing Banks In Terms Of Net Interest Income During The First Half Of 2023 Reveale

net interest income,HD Bank,first half of 2023

HD Bank, Credit Agricole bank, and Ebank Top fastest-growing listed banks in net interest income during H1-2023

FirstBank

First Bank List Of Fastest-Growing Banks In Terms Of Net Interest Income During The First Half Of 2023 Revealed That HD Bank Topped The List. Their Net Interest Income Jumped By 116.09%, Reaching EGP 4.530 Bn During The First Half Of 2023, Compared To EGP 2.096 bn During The First Half Of 2022.

The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Showed That All Banks Achieved Positive Growth Rates In Their Net Interest Income During The Period From January To June 2023.

Credit Agricole Egypt Came Second, After Its Net Interest Income Increased By A Growth Rate Of 98.72% To Reach EGP 3.231 Bn During The First Half Of 2023, Compared To EGP 1.626 bn In The the First Half 2023.

EBank Ranked Third After Achieving A Growth Rate Of 90.51% In Its Net Interest Income, Recording EGP 2.340 Bn During The First Half Of 2023, Compared To EGP 1.228 bn During The First Quarter Half Of 2022.

Abu Dhabi Islamic Bank - Egypt, Ranked Forth After Achieving A Growth Rate Of 87.11% In Its Net Interest Income, Recording EGP 3.883 Bn During The First Half Of 2023, Compared To EGP 2.048 bn During The First Half Of 2022.

As For Fifth Place, It Was Obtained By Suez Canal Bank, With Its Net Interest Income Increasing By A Growth Rate Of 79.46%, Achieving EGP 1.482 bn During The First Half Of 2023, Compared To EGP 825.8 Mn During The Same Period Of The Previous Year, Followed by saib, CIB With a growth rates 73.71%, 64.48% respectively during the same period.

It Should Be Noted That All The Mentioned Values And Growth Rates Above Are Based On Separate Financial Statements Announced For Each Bank By End Of June 2023.

Fastest growing listed banks in net interest income during H1-2023

# Bank Name During H1-2023 During H1-2022 Growth rate %
1 Housing and Development Bank-HDB
Housing and Development Bank-HDB
4.53 Billion pounds 2.096 Billion pounds 116.09 %
2 Credit Agricole Egypt
Credit Agricole Egypt
3.231 Billion pounds 1.626 Billion pounds 98.72 %
3 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
2.34 Billion pounds 1.228 Billion pounds 90.51 %
4 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
3.833 Billion pounds 2.048 Billion pounds 87.11 %
5 Suez Canal Bank
Suez Canal Bank
1.482 Billion pounds 825.772 Million pounds 79.46 %
6 Commercial International Bank-CIB
Commercial International Bank-CIB
23.79 Billion pounds 13.695 Billion pounds 73.71 %
7 SAIB BANK
SAIB BANK
2.075 Billion pounds 1.261 Billion pounds 64.48 %
8 Qatar National Bank-QNB Al Ahli
Qatar National Bank-QNB Al Ahli
13.672 Billion pounds 8.706 Billion pounds 57.04 %
9 alBaraka Bank Egypt
alBaraka Bank Egypt
2.179 Billion pounds 1.604 Billion pounds 35.88 %
10 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
2.881 Billion pounds 2.221 Billion pounds 29.71 %
11 EGBANK
EGBANK
1.765 Billion pounds 1.364 Billion pounds 29.44 %