Credit Agricole Bank, CIB, and ADIB-Egypt, Fastest-growing listed banks in Assets At 9M-2023

First Bank list reveals that Credit Agricole – Egypt leads the fastest-growing banks with a 33.64% growth rate, reaching EGP 100.38 bn by the end of September 2023. Analysis covers 11 banks listed on the Egyptian Stock Exchange, all showing positive growth rates in their financial positions from January to September 2023.

CIB, Commercial International Bank – Egypt, takes the second position with a 27.63% growth rate, reaching a total asset portfolio of EGP 808.74 bn by the end of September 2023.

ADIB, Abu Dhabi Islamic Bank – Egypt, secures the third position with a growth rate of 27.29%, recording total assets of EGP 147.04 bn by the end of September 2023.

Saib claims the fourth position with a growth rate of 24.11%, reaching EGP 107.33 bn in total assets by the end of September 2023.

As for the fifth position, Suez Canal Bank achieves a growth rate of 23.50%, with total assets reaching EGP 92.21 bn by the end of September 2023.

All values and growth rates mentioned are based on separate declared financial statements of each bank by the end of September 2023.