HD Bank, CIB, and ADIB Egypt, Fastest-growing listed banks in terms of Retail deposits during H1-2023
First Bank
According To First Bank List Of Listed Banks With The Fastest Growth In Total Retail Deposits During The First Half Of The Current Year, HD Bank Topped The List With A Growth Rate Of 39.71%. Its Total Portfolio Reached EGP 38.036 Bn By June 2023end, Compared To EGP 27.225 Bn By The End Of December 2022.
10 Banks Listed On The Egyptian Stock Exchange Managed To Increase Their Individual Deposit Portfolios By A Growth Rate Of 16.61%, With An Increase Of EGP 122.341 Bn During The First Half Of The Current Year. Their Total Value Increased From EGP 736.6 Bn By The End Of December 2022 To EGP 858.930 Bn By The End Of June 2023.
Commercial International Bank - Egypt Ranked Second With A Growth Rate Of 31.02% During The First 6 Months Of The Current Year. Its Total Retail Deposit Portfolio Reached EGP 351.011 Bn By The End Of June 2023, Compared To EGP 267.901 Bn By The End Of December 2022.
Abu Dhabi Islamic Bank-Egypt Came Third, With A Growth Rate Of 21.03% During The First Half Of The Current Year. Total Retail Deposit Portfolio In The Bank Increased To EGP 59.824 Bn By The End Of June 2023, Compared To EGP 49.430 Bn By The End Of December 2022.
Qatar National Bank Al Ahli Ranked Fourth With 14.23% Growth During The First 6 Months Of The Current Year. Its Total Retail Deposit Portfolio Reached EGP 165.269 Bn By The End Of June 2023, Compared To EGP 144.680 Bn By The End Of December 2022.
Suez Canal Bank Ranked Fifth With A Growth Rate Of 13.30% During The First Half Of The Current Year. Its Total Retail Deposit Portfolio Jumped From EGP 12.809 Bn By The End Of December 2022 To reach EGP 14.512 Bn By June 2023End.
It Should Be Noted That All Values And Growth Rates Mentioned Above Are Based On Separate Financial Statements Announced For Each Bank By End Of June 2023.
Fastest growing listed banks in Retail deposits during H1-2023
| # | Bank Name | Value by June 2023end | Value by Dec- 2022end | Growth rate % |
|---|---|---|---|---|
| 1 |
Housing and Development Bank-HDB |
38.036 Billion pounds | 27.225 Billion pounds | 39.71 % |
| 2 |
Commercial International Bank-CIB |
351.011 Billion pounds | 267.901 Billion pounds | 31.02 % |
| 3 |
Abu Dhabi Islamic Bank-ADIB Egypt |
59.824 Billion pounds | 49.43 Billion pounds | 21.03 % |
| 4 |
Qatar National Bank-QNB  |
165.269 Billion pounds | 144.68 Billion pounds | 14.23 % |
| 5 |
Suez Canal Bank |
14.512 Billion pounds | 12.809 Billion pounds | 13.3 % |
| 6 |
Export Development Bank of Egypt-EBank |
14.87 Billion pounds | 13.185 Billion pounds | 12.78 % |
| 7 |
EGBANK |
19.47 Billion pounds | 17.485 Billion pounds | 11.35 % |
| 8 |
Faisal Islamic Bank of Egypt |
127.795 Billion pounds | 119.558 Billion pounds | 6.89 % |
| 9 |
alBaraka Bank Egypt |
38.771 Billion pounds | 37.069 Billion pounds | 4.59 % |
| 10 |
SAIB BANK |
24.018 Billion pounds | 22.975 Billion pounds | 4.54 % |
| 11 |
Credit Agricole Egypt |
24.824 Billion pounds | 24.272 Billion pounds | 2.27 % |
