alBaraka Bank, EBank, and Suez Canal Bank, Fastest-growing listed banks in retail loans in 2023

According To First Bank List Of The Fastest-Growing Listed Banks In Retail Loans during last year, AlBaraka Bank Topped The List With A Growth Rate Of 75.33%, Reaching A Total Portfolio Of EGP 7.58 Bn By The End Of December 2023, Compared To EGP 4.32 Bn By The End Of December 2022.   The List, Including 11 Banks Listed On The Egyptian Stock Exchange, Reveals Positive Growth Rates In Retail Loan Portfolios For 10 Banks Analyzed During The Period From January To December 2023 while 1 Bank declined In its Retail Loan Portfolio during the same.   EBank Secured The Second Position With A Growth Rate Of 70.10% during last year, Reaching A Total Retail Loan Portfolio Of EGP 7.71 Bn By The End Of December 2023, Compared To EGP 4.54 Bn By The End Of December 2022.   Suez Canal Bank Claimed The Third Position With A Growth Rate Of 34.68% during last year, Registering EGP 3.71 Bn In Retail Loans By The End Of December 2023, Compared To EGP 2.76 Bn By The End Of December 2022.   Faisal Islamic Egyptian Bank Ranked Fourth With A Growth Rate Of 30.93% during last year, Reaching A Total Retail Loan Portfolio Of EGP 3.29 Bn By The End Of December 2023, Compared To EGP 2.51 Bn By The End Of December 2022.

The Fifth Position Was Secured By ADIB, With A Growth Rate Of 27.18% during last year, Recording EGP 18.30 Bn In retail Loans By The End Of December 2023, Compared To EGP 14.39 Bn By The End Of December 2022.

It’s Worth Noting That All Values And Growth Rates Mentioned In The Analysis Are Based On Separate Financial Statements Announced By Each Bank by the end of December 2023.