FABMISR, NBK Egypt, and Attijariwafa Bank Fastest-growing banks in total customer loans during 2023
First Bank
First Bank List Of Egyptian Banks With The Fastest Growth In Total Customer Loans During The last Year Revealed That First Abu Dhabi Bank Egypt Topped The List With A Growth Rate Of 75.51%, With A Total Portfolio Of Around EGP86 Bn By The End Of December 2023, Compared To EGP49Bn At The End Of December 2022.
The List, Which Included 21 Banks Operating In The Egyptian Banking Sector With Available Financial Data During The Analysis Period, Showed That All Banks Achieved Positive Growth Rates In Their Total Loan Portfolios From January To December 2023.
NBK Egypt Came In Second Place With A Growth Rate Of 38.41% During The last Year, With A Total Customer Loans Of EGP76.1bn By The End Of December 2023, Compared To EGP 55 Bn At The End Of December 2022.
Third Place Was Taken By Attijariwafa Bank With A Growth Rate Of 36.79% During The last Year, With A Total Loan Portfolio Of EGP 44 Bn By The End Of December 2023, Compared To EGP 32.2 Bn At The End Of December 2022.
As For The Fourth Place, It Was Secured By Al Ahli Bank Of Kuwait – Egypt "ABK-Egypt" With A Growth Rate Of 35.56% During The last Year, With A Total Customer Loans Of EGP47bn By The End Of December 2023, Compared To EGP 34.65 Bn At The End Of December 2022 Followed By Banque du caire With A Growth Rate Of 29.57% During The Same Period.
Emirates NBD-Egypt Ranked Sixth With A Growth Rate Of 29.44% During The last Year, As Its Total Customer Loan Portfolio Jumped From EGP 46.4 Bn At The End Of December 2022 To EGP 60.1 Bn By The End Of December 2023.
Ahli United Bank- Egypt Ranked Seventh With A Growth Rate Of 25.53% With A Total Customer Loans Of EGP67.2bn By The End Of December 2023, Compared To EGP 53.2 Bn At The End Of December 2022.
alBaraka Bank Ranked Eighth With A Growth Rate Of 23.45% During The last Year, As Its Total Customer Loan Portfolio increased From EGP 35.4 Bn At The End Of December 2022 To EGP 43.6 Bn By The End Of December 2023.
As For The Ninth Place, It Was Taken By Agricultural Bank Of Egypt After Its Total Customer Loan Portfolio Increased By 23.22% During The last Year, Reaching EGP78.8bn By The End Of December 2023, Compared To EGP64bn At The End Of December 2022, Followed By credit Agricole, and EBank With A Growth Rates Of 22.01%, 21.87% During The Same Period.
It's Worth Noting That All The Mentioned Values And Growth Rates In The Above Analysis Are Based On Separate Financial Statements Issued By Each Bank By The End Of December 2023.
Fastest growing banks in total customer loans during 2023
| # | Bank Name | Value By end of 2023 | Value By end of 2022 | growth rate % |
|---|---|---|---|---|
| 1 |
First Abu Dhabi Bank Egypt-FAB |
86 Billion pounds | 49 Billion pounds | 75.51 % |
| 2 |
NBK Egypt |
76.056 Billion pounds | 54.95 Billion pounds | 38.41 % |
| 3 |
Attijariwafa Bank Egypt |
44.02 Billion pounds | 32.18 Billion pounds | 36.79 % |
| 4 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt |
46.97 Billion pounds | 34.65 Billion pounds | 35.56 % |
| 5 |
Banque Du Caire-BDC |
173.908 Billion pounds | 134.217 Billion pounds | 29.57 % |
| 6 |
Emirates NBD Egypt |
60.066 Billion pounds | 46.404 Billion pounds | 29.44 % |
| 7 |
Al Ahli united bank Egypt |
67.151 Billion pounds | 53.496 Billion pounds | 25.53 % |
| 8 |
alBaraka Bank Egypt |
43.645 Billion pounds | 35.354 Billion pounds | 23.45 % |
| 9 |
Agricultural Bank of Egypt |
78.826 Billion pounds | 63.973 Billion pounds | 23.22 % |
| 10 |
Credit Agricole Egypt |
42.706 Billion pounds | 35.002 Billion pounds | 22.01 % |
| 11 |
Export Development Bank of Egypt-EBank |
54.617 Billion pounds | 44.817 Billion pounds | 21.87 % |
| 12 |
Commercial International Bank-CIB |
265.104 Billion pounds | 218.633 Billion pounds | 21.26 % |
| 13 |
Abu Dhabi Commercial Bank Egypt- ADCB |
37.791 Billion pounds | 31.404 Billion pounds | 20.34 % |
| 14 |
Housing and Development Bank-HDB |
45.485 Billion pounds | 38.163 Billion pounds | 19.19 % |
| 15 |
EGBANK |
33.713 Billion pounds | 28.446 Billion pounds | 18.52 % |
| 16 |
Qatar National Bank-QNB  |
268.577 Billion pounds | 230.768 Billion pounds | 16.38 % |
| 17 |
Suez Canal Bank |
37.114 Billion pounds | 32.137 Billion pounds | 15.49 % |
| 18 |
Abu Dhabi Islamic Bank-ADIB Egypt |
67.961 Billion pounds | 59.677 Billion pounds | 13.88 % |
| 19 |
SAIB BANK |
46.248 Billion pounds | 41.869 Billion pounds | 10.46 % |
| 20 |
Faisal Islamic Bank of Egypt |
16.05 Billion pounds | 14.546 Billion pounds | 10.34 % |
| 21 |
BANK NXT |
22.762 Billion pounds | 20.857 Billion pounds | 9.13 % |
