Alex Bank, Credit Agricole, and Attijariwafa Bank, fastest growing banks in corporate deposits during 2023

The List Of First Bank For The Fastest Growing Banks In Corporate Deposits During The last Year Revealed That Topped The List With A Growth Rate Of 78.20%, After Its Total Corporate Deposits Rose To EGP 45.5 Bn At The End Of December 2023, Compared To EGP 25.5 Bn At The End Of December 2022.

First Bank List Tracked The Size Of Corporate Deposits In 21 Banks Operating In The Egyptian Banking Sector That Provided Data During The Analysis Period. 20 Banks Achieved Positive Growth Rates In Their Total Institutional Deposits Portfolios, While one Bank Recorded Decreases From January To December 2023. 

Returning To The List, Credit Agricole - Egypt Won The Second Place With A Growth Rate Of 64.51% During The last Year, To Record EGP 59.6 Bn At The End Of December 2023, Compared To EGP 36.2 Bn At The End Of December 2022.

Attijariwafa Bank Came In Third Place With A Growth Rate Of 61.91% During The last Year, After The Total Portfolio Of Corporate Deposits Rose To EGP 49.4 Bn At The End Of December 2023, Compared To EGP 30.5 Bn At The End Of December 2022,

Arab African International Bank- AAIB Ranked Fourth With A Growth Rate Of 57.06% During The last Year, After The Total Portfolio Of Corporate Deposits Reached EGP 228.4 Bn At The End Of December 2023, Compared To EGP 145.4 Bn At The End Of December 2022.

Abu Dhabi Islamic Bank Of Egypt -ADIB Egypt Come In Fifth Place After Its Corporate Deposits Increased By 43.67% During The last Year, Registering EGP 69.4 Bn By The End Of December 2023, Compared To 48.3 Bn By The End Of December 2022, Followed By QNB AL Ahli With Growth Rate Of 35.96% During The Same Period.

NBK Egypt Ranked Seventh With A Growth Rate Of 33.41% During The last Year, Recording The Size Of Its Corporate Deposit Portfolio Of EGP 59.1 Bn By The End Of December 2023, Compared To 44.3 Bn By The End Of December 2022.

As For The Eighth Position, Ahli United Bank With A Growth Rate Of 28.48% During The last Year, After Registering Total Corporate Deposits About EGP 71.6 Bn By The End Of December 2023, Compared To 55.08 Bn By The End Of December 2022.

APK- Egypt Ranked Ninth With A Growth Rate Of 24.31% During The last Year, Recording The Size Of Its Corporate Deposit Portfolio Of EGP 61.6 Bn By The End Of December 2023, Compared To 49.6 Bn By The End Of December 2022.

Emirates NBD Egypt come In Tenth Place After Its Corporate Deposits rose By 24.10% During The last Year, Registering EGP 72.3 Bn By The End Of December 2023, Compared To 58.3 Bn By The End Of December 2022, Followed By saib With Growth Rate Of 21.97% During The Same Period.

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.