saib, alBaraka Bank, and Crédit Agricole, Fastest-growing banks in total financial investments during 9M-2023

First Bank

1/10/2024 1:39:00 PM

According To First Bank List Of The Fastest-Growing Banks in Financial investments, saib Topped The List With A Growth Rate Of 47.26%, Increasing Its Total Portfolio To EGP 33.11 Bn By The End Of September 2023, Compared To EGP22.48 bn By The End Of December 2022.

alBaraka Bank Secured The Second Position With A Growth Rate Of 40.83%, Reaching A Total Financial Investment Of EGP 44.59 Bn By September 2023, Up From EGP 31.66 Bn By December 2022.

Crédit Agricole - Egypt Came In Third Place With A Growth Rate Of 39.92%, Recording EGP18.34Bn By September 2023 end, Compared To EGP 13.11 Bn By December 2022.

Emirates NBD - Egypt Came In Fourth Place With A Growth Rate Of 32.72%, Increasing Its Total Financial Investments To EGP 37.42 Bn By September 2023, Compared To EGP28.2 Bn By December 2022.

Arab African International Bank Ranked Fifth With A Growth Rate Of 30.29% During The First 9M Of last Year, Reaching A Total Financial Investment about EGP 127.95 Bn By September 2023end, Compared To EGP 98.20 Bn By December 2022.

ABK-Egypt Secured The sixth Position With A Growth Rate Of 30.26%, Reaching EGP25.42Bn By September 2023, Compared To EGP 19.52 Bn By December 2022.

QNB AL AHLI Ranked Seventh With A Growth Rate Of 29.52%, Increasing Its Total Financial Investments To EGP 226.47 Bn By September 2023, Compared To EGP 174.86 Bn By December 2022, Followed by Alex Bank With A Growth Rate Of 25.96%.

Banque Misr Secured The Ninth Position With A Growth Rate Of 25.74% During The First 9M 2023, Recording A Total Investment Portfolio Of EGP 862.92 Bn By September 2023end, Compared To EGP686.27 Bn By December 2022.

Ahli United Bank Ranked Tenth With A Growth Rate Of 16.01% During The First 9M Of last Year, Reaching A Total Financial Investment about EGP 19.68 Bn By September 2023end, Compared To EGP 16.97 Bn By December 2022.

It Is Worth Mentioning That All The Mentioned Values And Growth Rates Are Based On Separate Financial Statements Announced By Each Bank At The End Of September 2023.

Fastest growing banks in total financial investments during 9M-2023

#	Bank Name	Value at 9M-2023	Value at the end of 2022	Growth Rate%
1	SAIB BANK	33.106 Billion pounds	22.482 Billion pounds	47.26 %
2	alBaraka Bank Egypt	44.588 Billion pounds	31.655 Billion pounds	40.86 %
3	Credit Agricole Egypt	18.338 Billion pounds	13.106 Billion pounds	39.92 %
4	Emirates NBD Egypt	37.422 Billion pounds	28.177 Billion pounds	32.81 %
5	arab african international bank	127.947 Billion pounds	98.201 Billion pounds	30.29 %
6	Al Ahli Bank of Kuwait Egypt -ABK Egypt	25.421 Billion pounds	19.516 Billion pounds	30.26 %
7	Qatar National Bank-QNB	226.472 Billion pounds	174.86 Billion pounds	29.52 %
8	Bank of Alexandria-Alex Bank	40.717 Billion pounds	32.326 Billion pounds	25.96 %
9	Banque Misr	862.922 Billion pounds	686.266 Billion pounds	25.74 %
10	Al Ahli united bank Egypt	19.681 Billion pounds	16.965 Billion pounds	16.01 %
11	Banque Du Caire-BDC	117.485 Billion pounds	102.462 Billion pounds	14.66 %
12	EGBANK	40.967 Billion pounds	35.881 Billion pounds	14.17 %
13	Attijariwafa Bank Egypt	21.205 Billion pounds	19.237 Billion pounds	10.23 %
14	Faisal Islamic Bank of Egypt	96.115 Billion pounds	93.849 Billion pounds	2.41 %
15	Export Development Bank of Egypt-EBank	26.693 Billion pounds	26.945 Billion pounds	-0.94 %
16	Housing and Development Bank-HDB	28.783 Billion pounds	29.644 Billion pounds	-2.9 %
17	Commercial International Bank-CIB	226.93 Billion pounds	237.095 Billion pounds	-4.29 %
18	Abu Dhabi Islamic Bank-ADIB Egypt	29.511 Billion pounds	30.892 Billion pounds	-4.47 %
19	Abu Dhabi Commercial Bank Egypt- ADCB	28.259 Billion pounds	30.815 Billion pounds	-8.29 %
20	BANK NXT	20.5 Billion pounds	22.714 Billion pounds	-9.75 %
21	NBK Egypt	27.239 Billion pounds	33.462 Billion pounds	-18.6 %
22	Suez Canal Bank	18.84 Billion pounds	24.618 Billion pounds	-23.47 %