EBank, EGBANK, and CIB, Fastest-growing listed banks in total customer loans during 9M-2023
First Bank
According to First Bank list of listed banks with the highest growth in total customer loans during the current year’s first 9 months, Egyptian Export Development Bank, tops the list with a growth rate of 20.68%, reaching EGP 54.08 bn by the end of September 2023, compared to EGP 44.82 bn at the end of December 2022.
EGBANK secures the second position with a growth rate of 17.04%, reaching a total customer loan portfolio of EGP 33.29 bn by the end of September 2023.
Commercial International Bank, claims the third position with a growth rate of 16.41%, recording a total customer loans of EGP 254.52 bn by the end of September 2023.
alBarak Bank ranks fourth with a growth rate of 15.80%, reaching a total of EGP 40.94 bn in customer loans by the end of September 2023.
Suez Canal Bank takes the fifth position with a growth rate of 13.48%, totaling EGP 36.47 bn in customer loans by the end of September 2023.
It’s worth noting that all values and growth rates mentioned are based on separate financial statements declared by each bank at the end of September 2023.
Fastest growing listed banks in Customer Loans during 9M-2023
| # | Bank Name | Value By Sep-2023End | Value By Dec-2022End | Growth Rate% |
|---|---|---|---|---|
| 1 |
Export Development Bank of Egypt-EBank |
54.082 Billion pounds | 44.817 Billion pounds | 20.68 % |
| 2 |
EGBANK |
33.294 Billion pounds | 28.446 Billion pounds | 17.04 % |
| 3 |
Commercial International Bank-CIB |
254.517 Billion pounds | 218.633 Billion pounds | 16.41 % |
| 4 |
alBaraka Bank Egypt |
40.942 Billion pounds | 35.354 Billion pounds | 15.8 % |
| 5 |
Suez Canal Bank |
36.471 Billion pounds | 32.137 Billion pounds | 13.48 % |
| 6 |
Qatar National Bank-QNB Al Ahli |
259.764 Billion pounds | 230.768 Billion pounds | 12.57 % |
| 7 |
Housing and Development Bank-HDB |
42.858 Billion pounds | 38.163 Billion pounds | 12.3 % |
| 8 |
SAIB BANK |
46.466 Billion pounds | 41.868 Billion pounds | 10.98 % |
| 9 |
Credit Agricole Egypt |
38.527 Billion pounds | 35.002 Billion pounds | 10.07 % |
| 10 |
Abu Dhabi Islamic Bank-ADIB Egypt |
65.549 Billion pounds | 59.677 Billion pounds | 9.84 % |
| 11 |
Faisal Islamic Bank of Egypt |
15.737 Billion pounds | 14.545 Billion pounds | 8.2 % |
