HD Bank, Saib, and QNB AL AHLI, Fastest-growing listed banks in financial investments during 2023

According To First Bank List, HD Bank Topped Fastest-Growing Listed Banks In Financial Investments during 2023 With A Growth Rate Of 56.90%, Reaching A Total Portfolio Of EGP46.51 Bn By end of December 2023.

The List, Comprising 11 Banks Listed On The Egyptian Stock Exchange, Revealed That 10 Banks Achieved Positive Growth Rates In The Total Value Of Their Financial Investment Portfolios And T-Bills During last Year.

Returning To The List, saib Claimed The Second Position With A Growth Rate Of 51.81% During the last Year, Reaching A Total Investment Portfolio And T-Bills Of EGP 34.13 Bn By The End Of December 2023, Compared To EGP22.48Bn At The End Of December 2022.

Qatar National Bank AL AHLI-QNB AL Ahli Secured The Third Position With A Growth Rate Of 42.42% During The last Year. The Total Portfolio Of Financial Investments And Treasury Bills At The Bank Rose To EGP 249.04 Bn By The End Of December 2023, Compared To EGP174.9 Bn At The End Of December 2022.

In Fourth Place, Credit Agricole – Egypt Achieved A Growth Rate Of 37% During The The last Year, Recording A Total Financial Investment Of Approximately EGP17.96Bn By The End Of December 2023, Compared To EGP13.11 Bn At The End Of December 2022.

alBaraka Bank Occupied The Fifth Position With A Growth Rate Of 36.25% During The last Year. The Total Financial Investments Reached Approximately EGP43.13Bn By The End Of September 2023, Compared To EGP31.66 Bn At The End Of December 2022.

It Is Worth Noting That All The Values And Growth Rates Mentioned In The Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of December 2023.