NBE, Banque Misr and CIB, largest banks in market share of deposits in the banking sector
First Bank
First Bank list, of the largest banks operating in the Egyptian banking sector in terms of the size of market share of total deposits by the end of June 2023, revealed that National Bank of Egypt topped the list with a market share of 35.89% of the total deposits of the banking sector, with a value of EGP3.4 tn by the end of June 2023, followed by Bank of Egypt with a market share of 20.51% of the total deposits of the banking sector.
And Commercial International Bank – Egypt “CIB” ranked third with a market share of 6.93% of the total deposits of the banking sector, with a value of EGP656.4 bn by the end of June 2023, followed by QNB Al Ahli in fourth place with a market share of 4.87% of the total deposits of the banking sector, with a value of EGP461 bn by the end of the same period.
And Bannque du caire came fifth with a market share of 3.22% of the total deposits of the banking sector, with a value of EGP305.4 bn by the end of June 2023, followed by Arab African International Bank with a market share of 3% of the total deposits of the sector, with a portfolio size of EGP284 bn by the end of June previous.
As for the seventh place, First Abu Dhabi Bank – Egypt “FAB” obtained it after its market share of the total deposits of the sector reached about 2.05% by the end of June 2023, and a portfolio value of EGP194.5 bn by the end of the same period.
As for the eighth place, Agricultural Bank of Egypt obtained it with a market share of 1.70% of the total deposits of the banking sector by the end of June 2023, after the size of its deposit portfolio reached EGP161.5 bn by the end of the same period.
Alex Bank occupied the ninth place with a market share of 1.26% of the total deposits of the banking sector, followed by Abu Dhabi Islamic Bank – Egypt in the tenth place with a market share of 1.17% by the end of June 2023.
It is worth noting that all the values and market shares mentioned in the analysis above are according to separate financial statements announced by each bank at the end of the financial period ending in June 2023.
Top banks in terms of market share of Deposits by June 2023end
| # | Bank Name | Deposits by June 2023end | Market Share% |
|---|---|---|---|
| 1 |
National Bank of Egypt-NBE |
3.4 Trillion pounds | 35.89 % |
| 2 |
Banque Misr |
20.51 % | |
| 3 |
Commercial International Bank-CIB |
656.423 Billion pounds | 6.93 % |
| 4 |
Qatar National Bank-QNB Al Ahli |
461.049 Billion pounds | 4.87 % |
| 5 |
Banque Du Caire-BDC |
305.448 Billion pounds | 3.22 % |
| 6 |
arab african international bank |
284.036 Billion pounds | 3 % |
| 7 |
First Abu Dhabi Bank Egypt-FAB |
194.5 Billion pounds | 2.05 % |
| 8 |
Agricultural Bank of Egypt |
161.481 Billion pounds | 1.7 % |
| 9 |
Faisal Islamic Bank of Egypt |
132.586 Billion pounds | 1.4 % |
| 10 |
Bank of Alexandria-Alex Bank |
119.346 Billion pounds | 1.26 % |
| 11 |
Abu Dhabi Islamic Bank-ADIB Egypt |
110.63 Billion pounds | 1.17 % |
| 12 |
Emirates NBD Egypt |
95.86 Billion pounds | 1.01 % |
| 13 |
Housing and Development Bank-HDB |
90.89 Billion pounds | 0.96 % |
| 14 |
NBK Egypt |
89.916 Billion pounds | 0.95 % |
| 15 |
Al Ahli united bank Egypt |
84.335 Billion pounds | 0.89 % |
| 16 |
Export Development Bank of Egypt-EBank |
84.134 Billion pounds | 0.89 % |
| 17 |
SAIB BANK |
83.818 Billion pounds | 0.88 % |
| 18 |
alBaraka Bank Egypt |
78.607 Billion pounds | 0.83 % |
| 19 |
EGBANK |
78.573 Billion pounds | 0.83 % |
| 20 |
Credit Agricole Egypt |
74.988 Billion pounds | 0.79 % |
| 21 |
Abu Dhabi Commercial Bank Egypt- ADCB |
73.763 Billion pounds | 0.78 % |
| 22 |
Suez Canal Bank |
72.936 Billion pounds | 0.77 % |
| 23 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt |
71.394 Billion pounds | 0.75 % |
| 24 |
Attijariwafa Bank Egypt |
60.326 Billion pounds | 0.64 % |
| 25 |
Arab Investment Bank- aiBANK |
48.821 Billion pounds | 0.52 % |
