NBK Egypt, Attijariwafa bank and NBE fastest growing banks in corporate loans during 2023

First Bank List Of The Fastest-Growing Banks In Corporate Loans During the last Year Revealed That NBK Egypt Topped The List, With A Growth Rate Of 41.84%, Registering About EGP 62.61 Bn By The End Of December 2023, Compared To EGP44.14 Bn By The End Of December 2022.

The List That Includes 21 Banks Operating In The Egyptian Banking Sector, For Which Financial Statements Were Made Available During The Period Under Analysis, Revealed That 20 Banks Achieved Positive Growth Rates In Their Corporate Loans From January To December 2023.

Returning To The List, Attijariwafa Bank Ranked Second With A Growth Rate Of 41.52% During The last Year, After Its Corporate Loan Portfolio Increased From EGP 24.9 7Bn By The End Of December 2022, Reaching EGP35.33 Bn By The End Of December 2023.

NBE Got Third Place With A Growth Rate Of 39.81% During The last Year, Registering The Size Of Its Corporate Loan Portfolio Around EGP 1.50 tn By The End Of December 2023, Compared To EGP1.10 Tn By The End Of December 2022.

Emirates NBD-Egypt Ranked Fourth With A Growth Rate Of 35.60% During The last Year, After Registering The Size Of Its Corporate Loan Portfolio At EGP 45.98 Bn By The End Of December 2023, Compared To EGP33.91 Bn By The End Of December 2022.

ABK-Egypt come in Fifth Place With A Growth Rate Of 35.05% During The First 9M Of This Year, Registering The Size Of Its Corporate Loan Portfolio Around EGP 30.28 By The End Of September 2023, Compared To EGP22.42 Bn By The End Of December 2022, Followed By EGBANK With A Growth Rate Of 27.33% During The Same Period.

Credit Agricole Came in seventh position With A Growth Rate Of 26.84% During The last Year, Recording The Size Of Its Corporate Loan Portfolio Of About EGP 31.84 Bn By The End Of December 2023, Compared To 25.10 Bn By The End Of December 2022.

Al Ahli United Bank Ranked Eighth After Its Corporate Loan Portfolio Rose By 25.89% During The last Year, Registering EGP 63.44 Bn By The End Of December 2023, Compared To 50.39 Bn By The End Of December 2022, Followed By ADCB Egypt With A Growth Rate Of 25.78% During The Same Period In 2023.

AAIB Came in Tenth place With A Growth Rate Of 24.38% During The last Year, Recording The Size Of Its Corporate Loan Portfolio Of About EGP 10135.80Bn By The End Of December 2023, Compared To EGP109.18 Bn By The End Of December 2022.

It Should Be Noted That All The Values And Growth Rates Mentioned In The Above Analysis According To The Separate Financial Statements Announced To Each Bank By The End Of December 2023.