alBaraka, Crédit Agricole, and EBank, Fastest-growing listed banks in total customer loans during 2023
First Bank
According To First Bank List Of Listed Banks With The Highest Growth In Total Customer Loans During The last Year, alBaraka Bank, Tops The List With A Growth Rate Of 23.45%, Reaching EGP 43.65 Bn By The End Of December 2023, Compared To EGP 35.35 Bn At The End Of December 2022.
The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Revealed Positive Growth Rates In The customer loans portfolios Of All Banks During The Period From January To December 2023.
Crédit Agricole Secures The Second Position With A Growth Rate Of 22.01% during last year, Reaching A Total Customer Loan Portfolio Of EGP 42.71 Bn By The End Of December 2023, compared to EGP 35 bn At The End Of December 2022.
EBANK, Claims The Third Position With A Growth Rate Of 21.87% during last year, Recording A Total Customer Loans Portfolio Of EGP 54.62 Bn By The End Of December 2023, compared to EGP 44.82 bn At The End Of December 2022.
CIB Ranks Fourth With A Growth Rate Of 21.26% during last year, Recording A Total Customer Loans Portfolio Of EGP 265.10 Bn By The End Of December 2023, compared to EGP 218.63 bn At The End Of December 2022.
HD Bank Takes The Fifth Position With A Growth Rate Of 19.19% during last year, Totaling EGP 45.49 Bn In Customer Loans Portfolio By The End Of December 2023, compared to EGP 38.16 bn At The End Of December 2022.
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 December 2023.
Fastest growing listed banks in total customer loans During 2023
| # | Bank Name | Value By end of 2023 | Value By end of 2022 | Growth rate % |
|---|---|---|---|---|
| 1 |
alBaraka Bank Egypt |
43.645 Billion pounds | 35.354 Billion pounds | 23.45 % |
| 2 |
Credit Agricole Egypt |
42.706 Billion pounds | 35.002 Billion pounds | 22.01 % |
| 3 |
Export Development Bank of Egypt-EBank |
54.617 Billion pounds | 44.817 Billion pounds | 21.87 % |
| 4 |
Commercial International Bank-CIB |
265.104 Billion pounds | 218.633 Billion pounds | 21.26 % |
| 5 |
Housing and Development Bank-HDB |
45.485 Billion pounds | 38.163 Billion pounds | 19.19 % |
| 6 |
EGBANK |
33.713 Billion pounds | 28.446 Billion pounds | 18.52 % |
| 7 |
Qatar National Bank-QNB  |
268.577 Billion pounds | 230.768 Billion pounds | 16.38 % |
| 8 |
Suez Canal Bank |
37.114 Billion pounds | 32.137 Billion pounds | 15.49 % |
| 9 |
Abu Dhabi Islamic Bank-ADIB Egypt |
67.961 Billion pounds | 59.677 Billion pounds | 13.88 % |
| 10 |
SAIB BANK |
46.248 Billion pounds | 41.869 Billion pounds | 10.46 % |
| 11 |
Faisal Islamic Bank of Egypt |
16.05 Billion pounds | 14.546 Billion pounds | 10.34 % |
