CIB Tops Largest Listed Banks in Assets by June 2023End

First Bank's List Of The Largest Listed Banks By Asset Value At The End Of June Revealed Commercial International Bank- Egypt As The Leader, With Its Total Asset Portfolio Reaching EGP 794.7 Bn, Growing At A Rate Of 25.41% During The First Half Of 2023.

The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Showed That All Analyzed Banks Managed To Increase Their Total Asset Portfolios From January To June 2023, With A Combined Value Of EGP 347.8 Bn.

Qatar National Bank-QNB Came Second, With A Total Asset Portfolio Of EGP 543.3 Bn, Growing At A Rate Of 13.95% In The First Half Of The Current Year. Following by Faisal Islamic Bank, With An Asset Portfolio Of EGP 169.5 Bn By The End Of The Same Period.

Abu Dhabi Islamic Bank - Egypt Ranked Fourth, As Its Total Asset Portfolio Reached EGP 137.6 bn By June 2023end, Achieving A Growth Rate Of 19.15% During The First 6 Months Of The Current Year.

As For The Fifth Place, Occupied By HD Bank, With A Total Asset Portfolio Value Of EGP 110.7 Bn At The End Of June 2023. The Portfolio Witnessed A Growth Rate Of 6.79% During The First Half Of 2023. Following Closely Is EBank With Total Assets Of EGP 106.8 Bn By The End Of The Same Period.

saib Came In Seventh Place, With Its Total Asset Portfolio Rising To EGP 105.1 Bn, Achieving A Growth Rate Of 21.54% During The First Half Of 2023. Followed By Egyptian Gulf Bank, With EGP 104.1 Bn By The End Of June.

alBaraka Bank-Egypt Ranked Ninth, With A Total Asset Portfolio Of EGP 93.8 Bn, Growing At A Rate Of 6.97% During The First 6 Months Of The Current Year.

Credit Agricole - Egypt Occupied The Tenth Place, With A Total Asset Portfolio Of EGP 93.5 Bn By The End Of June 2023, Growing At A Rate Of 24.49% During The First Half Of The Current Year. Followed By Suez Canal Bank, With A Total Asset Portfolio Of EGP 87.1 Bn By The End Of The Same Period.

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