First Bank List Of Listed Banks With The Fastest Growth In Customer Deposits During last Year Revealed That Cr

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Credit Agricole Bank, QNB ALAHLI, and ADIB, Fastest-growing listed banks in deposits in 2023

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First Bank List Of Listed Banks With The Fastest Growth In Customer Deposits During last Year Revealed That Credit Agricole Bank – Egypt Topped The List With A Growth Rate Of 39.15%, After Its Total Customer Deposits Increased From EGP 60.49 Bn At The End Of December 2022, To EGP 84.18 Bn By The End Of December 2023.

First Bank List Reveals Total Customer Deposits For 11 Listed Banks On The Egyptian Stock Exchange, Showing Positive Growth Rates In Their Portfolios From January To December 2023.

Returning To The List, QNB ALAHLI Takes The Second Position With A 30.23% Growth during last year, Reaching EGP 530.12 Bn By The End Of December 2023, Compared To EGP 407.07 Bn At The End Of December 2022

ADIB Ranks Third With A 30.06% Growth during last Year, Recording A Total Customer Deposit Portfolio Of Around EGP 127.13 Bn By The End Of December 2023, Compared To EGP 97.74 Bn At The End Of December 2022.

Commercial International Bank (CIB) Secures The Fourth Position On The List With An 27.39% Growth During last Year. Its Total Deposit Portfolio Rose To EGP 675.31 Bn By The End Of December 2023, Compared To EGP 530.13 Bn At The End Of December 2022.

 

EBank Takes The Fifth Position With A 19.32% Growth During last Year. Its Customer Deposit Portfolio Increased From EGP 72.85 Bn At The End Of December 2022 To EGP 86.93 Bn By The End Of December 2023.

It’s Worth Noting That All Mentioned Values And Growth Rates Are Based On Separate Financial Statements Declared By Each Bank At The End Of 2023.

Fastest growing listed banks in total customer deposits During 2023

# Bank Name Value by end of 2023 Value by end of 2022 Growth Rate
1 Credit Agricole Egypt
Credit Agricole Egypt
84.175 Billion pounds 60.493 Billion pounds 39.15 %
2 Qatar National Bank-QNB Al Ahli
Qatar National Bank-QNB Al Ahli
530.118 Billion pounds 407.067 Billion pounds 30.23 %
3 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
127.128 Billion pounds 97.743 Billion pounds 30.06 %
4 Commercial International Bank-CIB
Commercial International Bank-CIB
675.31 Billion pounds 530.125 Billion pounds 27.39 %
5 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
86.933 Billion pounds 72.854 Billion pounds 19.32 %
6 SAIB BANK
SAIB BANK
85.294 Billion pounds 73.006 Billion pounds 16.83 %
7 alBaraka Bank Egypt
alBaraka Bank Egypt
85.007 Billion pounds 74.42 Billion pounds 14.23 %
8 Housing and Development Bank-HDB
Housing and Development Bank-HDB
101.274 Billion pounds 89.485 Billion pounds 13.17 %
9 EGBANK
EGBANK
81.142 Billion pounds 71.723 Billion pounds 13.13 %
10 Suez Canal Bank
Suez Canal Bank
73.647 Billion pounds 65.803 Billion pounds 11.92 %
11 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
130.459 Billion pounds 123.626 Billion pounds 5.53 %