NBE, Banque Misr, and CIB, top banks in terms of market share of assets by June 2023end

First Bank

11/8/2023 11:38:00 AM

According to First Bank list of the largest banks operating in the Egyptian banking sector based on the size of market shares of total asset portfolios at the end of the first half of 2023, National Bank of Egypt topped the list with a market share of 35.51% of the total assets of the banking sector, amounting to EGP 4.9 tn at the end of June 2023.

Banque Misr ranked second with a market share of 19.06% of the total assets of the banking sector at the end of the second quarter of 2023. Commercial International Bank (CIB) came third with a market share of 5.76% of the total assets of the banking sector at the end of June 2023, with the bank’s total assets reaching EGP 794.68 bn at the end of the same period.

As for the fourth position, it was taken by QNB Alahli with a market share of 3.94% of the total assets of the banking sector at the end of the first half of the current year, and a total asset portfolio value of EGP 543.31 bn at the end of the same period.

Arab African International Bank ranked fifth, with its share being 3.04% of the total assets of the banking sector at the end of June 2023, with its asset portfolio reaching EGP420.12 bn at the end of the same period.

Banque du caire secured the sixth position with a market share of 2.94% of the total assets of the banking sector at the end of the second quarter of 2023, with the bank’s total assets reaching EGP 405.89 bn at the end of the same period.

First Abu Dhabi Bank – Egypt, claimed the seventh position with a market share of 2.10% of the total assets of the banking sector at the end of the first half of 2023, with its asset portfolio reaching EGP289.4 bn at the end of the same period.

Faisal Islamic Bank of Egypt ranked eighth with a market share of 1.23% of the total assets of the banking sector at the end of June 2023, with the bank’s total assets reaching EGP169.48 bn at the end of the same period, followed by Alex Bank and ADIB Egypt with market shares of 1.06% and 1% respectively at the end of last June.

It is worth mentioning that all the values and market shares mentioned in the above analysis are based on separate financial statements announced by each bank at the end of the period ending in June 2023.

top banks in terms of market share of assets by June 2023end

#	Bank Name	Assets By June-2023end	Market Share%
1	National Bank of Egypt-NBE	4.9 Trillion pounds	35.51 %
2	Banque Misr		19.06 %
3	Commercial International Bank-CIB	794.678 Billion pounds	5.76 %
4	Qatar National Bank-QNB	543.31 Billion pounds	3.94 %
5	arab african international bank	420.115 Billion pounds	3.04 %
6	Banque Du Caire-BDC	405.89 Billion pounds	2.94 %
7	First Abu Dhabi Bank Egypt-FAB	289.4 Billion pounds	2.1 %
8	Faisal Islamic Bank of Egypt	169.482 Billion pounds	1.23 %
9	Bank of Alexandria-Alex Bank	164.214 Billion pounds	1.06 %
10	Abu Dhabi Islamic Bank-ADIB Egypt	137.64 Billion pounds	1 %
11	Emirates NBD Egypt	115.635 Billion pounds	0.84 %
12	NBK Egypt	114.778 Billion pounds	0.83 %
13	Housing and Development Bank-HDB	110.666 Billion pounds	0.8 %
14	Al Ahli united bank Egypt	107.316 Billion pounds	0.78 %
15	Export Development Bank of Egypt-EBank	106.782 Billion pounds	0.77 %
16	SAIB BANK	105.109 Billion pounds	0.76 %
17	EGBANK	104.106 Billion pounds	0.75 %
18	alBaraka Bank Egypt	93.756 Billion pounds	0.68 %
19	Credit Agricole Egypt	93.506 Billion pounds	0.68 %
20	Suez Canal Bank	87.138 Billion pounds	0.63 %
21	Al Ahli Bank of Kuwait Egypt -ABK Egypt	84.472 Billion pounds	0.61 %
22	Abu Dhabi Commercial Bank Egypt- ADCB	83.619 Billion pounds	0.61 %
23	Attijariwafa Bank Egypt	75.477 Billion pounds	0.55 %
24	BANK NXT	58.497 Billion pounds	0.42 %