Credit Agricole Bank, ADIB, and SC Bank, Fastest-growing listed banks in Assets in 2023

First Bank List Reveals That Credit Agricole – Egypt Leads The Fastest-Growing Banks With A 41.12% Growth Rate during last year, Reaching EGP 105.995 Bn By The End Of December 2023, compared to EGP 75.112 bn by the end of 2022. Analysis Covers 11 Banks Listed On The Egyptian Stock Exchange, All Showing Positive Growth Rates In Their Financial Positions From January To December 2023.

ADIB, Abu Dhabi Islamic Bank – Egypt, Takes The Second Position With A 39.07% Growth Rate during last year, Reaching A Total Asset Portfolio Of EGP 160.647 Bn By The End Of December 2023, compared to EGP 115.517 bn by the end of 2022.

Suez Canal Bank, Secures The Third Position With A Growth Rate Of 37.86% during last year, Recording Total Assets Of EGP 102.938 Bn By The End Of December 2023, compared to EGP 74.667 bn by the end of 2022.

CIB, Commercial International Bank – Egypt Claims The Fourth Position With A Growth Rate Of 31.39% during last year, Reaching EGP 832.527 Bn In Total Assets By The End Of December 2023, compared to EGP 633.643 bn by the end of 2022.

As For The Fifth Position, QNB Al Ahli Achieves A Growth Rate Of 30.15% during last year, With Total Assets Reaching EGP 620.53 Bn By The End Of December 2023, compared to EGP 476.792 bn by the end of 2022.

All Values And Growth Rates Mentioned Are Based On Separate Declared Financial Statements Of Each Bank By The End Of December 2023.