First Bank List Revealed The Fastest-Growing Listed Banks In Mortgage Loans During The First Half Of The Current Year, EBank Topped The List With A Growth Rate Of 48.25%, Recording EGP 631.2 Mn By The End Of June 2023, Compared To EGP 425.8 Mn By The End Of December 2022.

The List, Which Included 10 Banks Listed On The Egyptian Stock Exchange, Excluding The Suez Canal Bank Due To The Unavailability Of Mortgage Loans, Showed That 8 Banks Achieved Positive Growth Rates In Their Mortgage Loan Portfolios. However, 2 Banks Witnessed A Decline In Their Total Mortgage Loans During the period from January to June 2023.

Abu Dhabi Islamic Bank- Egypt Came In Second Place With A Growth Rate Of 46.25% During The First 6 Months Of The Current Year. Their Total Mortgage Loan Portfolio Increased From EGP 245.4 Mn By The End Of December 2022 To reach EGP 358.8 Mn By The End Of June 2023.

Credit Agricole Bank - Egypt Ranked Third With A Growth Rate Of 45.10% During The First Half Of The Current Year. Their Total Mortgage Loan Portfolio Reached EGP 705.2 Mn By The End Of June 2023, Compared To EGP 486 Mn By The End Of December 2022.

Commercial International Bank Egypt Obtained Fourth Place With A Growth Rate Of 15% During The First Half Of The Current Year. Their Total Mortgage Loan Portfolio Jumped To EGP 3.898 Bn By The End Of June 2023, Compared To EGP 3.390 Bn By The End Of December 2022.

Qatar National Bank Al Ahli Ranked Fifth With A Growth Rate Of 13.44% During The First 6 Months Ending On June, 2023. Their Total Mortgage Loan Portfolio Increased To EGP 5.412 Bn By The End Of June 2023, Compared To EGP 4.771 Bn By The End Of December 2022.

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