ADIB Egypt, ABK- Egypt, and saib Fastest-Growing Banks in Shareholders' Equity At 9M- 2023

First Bank List Has Revealed The Fastest-Growing Banks In Shareholders' Equity During The First 9 months Of The Current Year, Abu Dhabi Islamic Bank - Egypt Topped The List With A Growth Rate Of 48.08%. The Bank's Total Shareholders' Equity Reached EGP 12.77 Bn By The End Of September 2023, Compared To EGP 8.62 Bn By The End Of December 2022.

First Bank List Identified Shareholders' Equity In 22 Banks Operating In The Egyptian Banking Sector For Which Data Was Available During The Analysis Period. It Showed That all Banks Achieved Positive Growth Rates In Their Total Shareholders’ Equity, during The Period From January To September 2023.

Returning To The List, ABK-Egypt, Secured Second Place With A Growth Rate Of 38.31% During The First 9 months of The Current Year. Its Total Shareholders' Equity Reached EGP 8.59 Bn By The End Of September 2023, Compared To EGP 6.21 Bn By The End Of December 2022.

saib, Secured The Third Position With A Growth Rate Of 37% During The First 9 months Of The Current Year. Its Total Shareholders' Equity Stood At EGP 11.63 Bn By The End Of September 2023, Compared To EGP 8.49 Bn By The End Of December 2022. Following Closely In Fourth Place Was EGBANK With A Growth Rate Of 33.15% During The Same Period.

Credit Agricole - Egypt, come in Fifth Position With A Growth Rate Of 32.40% During The First 9 months Of The Current Year. Its Total Shareholders' Equity Stood At EGP 13.14 Bn By The End Of September 2023, Compared To EGP 9.93 Bn By The End Of December 2022.

HD Bank Ranked sixth, With A Growth Rate Of 32.33% During The First 9 months Of The Current Year, Reaching EGP 13.69 Bn By The End Of September 2023, Compared To EGP 10.34 Bn By The End Of December 2022.

AAIB, come in Seventh Position With A Growth Rate Of 29.07% During The First 9 months Of The Current Year. Its Total Shareholders' Equity Stood At EGP 69.16 Bn By The End Of September 2023, Compared To EGP 53.58 Bn By The End Of December 2022. Following Closely In Eighth Place Was Banque Du Caire With A Growth Rate Of 25.76% During The Same Period.

Emirates NBD - Egypt Claimed The Ninth Position With A Growth Rate Of 25.14%. Its Total Shareholders' Equity Reached EGP 10.65 Bn By The End Of September 2023, Compared To EGP 8.509 Bn By The End Of December 2022.

Alex Bank Followed In The Ninth Position With A Growth Rate Of 3.95% During The First Quarter Of The Current Year.

Suez Canal Bank Secured The Tenth Position With A Growth Rate Of 24.51% During The First 9 months Of The Current Year. Its Total Shareholders' Equity Reached EGP 6.85 Bn By The End Of September 2023, Compared To EGP 5.50Bn By The End Of December 2022.

It Is Worth Noting That All The Mentioned Values And Growth Rates Above Based On Separate Announced Financial Statements Of Each Bank As Of September 2023.