HD Bank, CIB, and QNB ALAHLI, Fastest-growing listed banks in retail deposits in 2023

According To First Bank List Of Listed Banks The List Reveals That HD Bank Topped The Chart With A Growth Rate Of 87.80% during last year, Increasing Their Total Portfolio To Over EGP 51.128 Bn By The End Of December 2023, Compared To EGP 27.224  Bn At The End Of December 2022.

The List, Including 11 Banks Listed On The Egyptian Stock Exchange, Indicates Positive Growth Rates In The Total Portfolios Of Retail Deposits For All Banks From January To December 2023.

Commercial International Bank Secured The Second Position With A Growth Rate Of 37.88% During last Year, As Its Total Portfolio Of Retail Deposits Reached EGP 369.374 Bn By The End Of December 2023, Compared To EGP 267.901 Bn At The End Of December 2022.   Qatar National Bank Al Ahli Claimed The Third Position With A Growth Rate Of 19.84% During last Year, As Its Total Portfolio Of Retail Deposits Rose To EGP 173.378 Bn By The End Of December 2023, Compared To EGP 144.68 Bn At The End Of December 2022.  

Egyptian Export Development Bank Secured The Fourth Position With A Growth Rate Of 17.11% on an annual basis, As Its Total Portfolio Of Retail Deposits Reached EGP 15.441 Bn By The End Of December 2023, Compared To EGP 13.185 Bn At The End Of December 2022.

  ADIB, Abu Dhabi Islamic Bank – Egypt, Came In Fifth With A Growth Rate Of 16.77%, Reaching EGP 57.719 Bn By The End Of December 2023, Compared To EGP 49.43 Bn. All Values And Growth Rates Mentioned Are Based On Separate Declared Financial Statements Of Each Bank By The End Of December 2023.