EBank, SC Bank, and Credit Agricole Egypt, Top fastest-growing listed banks in Net Fees and Commissions Income during H1-2023

According To First Bank List Of The Fastest-Growing Banks In Terms Of Net Fees And Commissions Income During The First Half Of current Year, EBank Topped The List With A Growth Rate Of 258.50%, Recording EGP 691.8 mn During The First 6 Months Of 2023, Compared To EGP 193 mn During The Same Period Of 2022.

The List, Which Included 10 Banks Listed On The Egyptian Stock Exchange, Revealed That All The Banks Analyzed Achieved Positive Growth Rates In Net Fees And Commissions Income During The Period From January To June 2023.

Returning To The List, Suez Canal Bank Ranked Second With A Growth Rate Of 173.50% During The First 6 Months Of The Current Year, Recording A Net Fees And Commissions Income Of EGP 391.4 Mn During The First Half Of 2023, Compared To EGP 143.1 Mn In The First Half Of 2022.

Credit Agricole Bank - Egypt Came Third, With A Growth Rate Of 160.91%, Recording EGP 835.7 Mn During The First Half Of The Current Year, Compared To EGP 320.3 Mn In The First half Of 2022.

EGBANK Came In Fourth Place, As Its Net From Fees And Commissions Income Jumped By 91.28% During The First 6 Months Of The Current Year, Recording EGP 218.5 Mn During The First Half Of 2023, Compared To EGP114.2 Mn During The First Half Of 2022.

Commercial International Bank - Egypt Ranked Fifth With A Growth Rate Of 91% During The First 6 Months Of The Current Year, as Its Net Fees And Commissions Income rising to EGP 2.551 bn During The First Half Of 2023, Compared To EGP 1.339 bn In The Previous Year's First Half.

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