Credit Agricole Bank, ADIB Egypt, and QNB AlAhli, Fastest growing listed banks in corporate deposits in 2023
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The List Of First Bank For The Fastest Growing Banks In Corporate Deposits During Last Year ,Credit Agricole - Egypt With A Growth Rate Of 64.51%, After Its Total Portfolio Rose To EGP59.59 Bn At The End Of December 2023, Compared To EGP36.22 Bn At The End Of December 2022.
The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Disclosed That 10 Banks Of The Banks Under Analysis Achieved Positive Growth Rates In The Total Portfolio Of Corporate Deposits With Them, While One Bank Achieved A Decline Rate In The Portfolio Of Corporate Deposits With It During The Period From January To December 2023.
Returning To The List, Abu Dhabi Islamic Bank - Egypt Won The Second Place With A Growth Rate Of 43.67% During Last Year , To Record EGP69.41 Bn At The End Of December 2023, Compared To EGP48.31 Bn At The End Of December 2022.
Qatar National Bank ALAHLI Came In Third Place With A Growth Rate Of 35.96% During Last Year, After The Total Portfolio Of Corporate Deposits With It Rose To EGP356.74 Bn At The End Of December 2023, Compared To EGP262.39 Bn At The End Of December 2022.
Saib Won The Fourth Place With A Growth Rate Of 21.80% During Last Year, After The Size Of The Portfolio Of Corporate Deposits With It Jumped To EGP60.94 Bn At The End Of December 2023, Compared To EGP 50.03 Bn At The End Of December 2022.
Faisal Islamic Bank Of Egypt Ranked Fifth With A Growth Rate Of 20.30% During Last Year, After The Total Portfolio Of Corporate Deposits With It Reached EGP4.89 Bn At The End Of December 2023, Compared To EGP4.07 Bn At The End Of December 2022.
It Is Worth Noting That All Values And Growth Rates Mentioned In The Analysis Above Are According To Separate Financial Statements Announced For Each Bank At The End Of December 2023.
Fastest growing listed banks in corporate deposits during 2023
# | Bank Name | Value by end of 2023 | Value by end of 2022 | Growth Rate % |
---|---|---|---|---|
1 |
Credit Agricole Egypt![]() |
59.585 Billion pounds | 36.22 Billion pounds | 64.51 % |
2 |
Abu Dhabi Islamic Bank-ADIB Egypt![]() |
69.409 Billion pounds | 48.313 Billion pounds | 43.67 % |
3 |
Qatar National Bank-QNB ![]() |
356.741 Billion pounds | 262.387 Billion pounds | 35.96 % |
4 |
SAIB BANK![]() |
60.936 Billion pounds | 50.031 Billion pounds | 21.8 % |
5 |
Faisal Islamic Bank of Egypt![]() |
4.894 Billion pounds | 4.068 Billion pounds | 20.3 % |
6 |
Export Development Bank of Egypt-EBank![]() |
71.492 Billion pounds | 59.669 Billion pounds | 19.81 % |
7 |
Commercial International Bank-CIB![]() |
305.936 Billion pounds | 262.224 Billion pounds | 16.67 % |
8 |
alBaraka Bank Egypt![]() |
43.339 Billion pounds | 37.351 Billion pounds | 16.02 % |
9 |
EGBANK![]() |
61.436 Billion pounds | 54.238 Billion pounds | 13.27 % |
10 |
Suez Canal Bank![]() |
59.27 Billion pounds | 52.994 Billion pounds | 11.34 % |
11 |
Housing and Development Bank-HDB![]() |
50.145 Billion pounds | 62.261 Billion pounds | -19.46 % |