ADIB Egypt, ABK- Egypt, and HD Bank Fastest-Growing Banks in Shareholders' Equity during 2023

First Bank List Has Revealed the Fastest-Growing Banks In Shareholders' Equity During The last Year, Abu Dhabi Islamic Bank - Egypt Topped The List With A Growth Rate Of 61.54%. The Bank's Total Shareholders' Equity Reached EGP 13.93 Bn By The End Of December 2023, Compared To EGP 8.62 Bn By The End Of December 2022.

First Bank List Identified Shareholders' Equity In 21 Banks Operating In The Egyptian Banking Sector For Which Data Was Available During The Analysis Period. It Showed That All Banks Achieved Positive Growth Rates In Their Total Shareholders’ Equity, During The Period From January To December 2023.

Returning To The List, ABK-Egypt, Secured Second Place With A Growth Rate Of 51.16% During The last Year. Its Total Shareholders' Equity Reached EGP 9.39 Bn By The End Of December 2023, Compared To EGP 6.21 Bn By The End Of December 2022.

HD Bank Ranked Third, With A Growth Rate Of 48.49% During The last Year, Reaching EGP 15.36 Bn By The End Of December 2023, Compared To EGP 10.34 Bn By The End Of December 2022.

Credit Agricole - Egypt, Come In Fourth Position With A Growth Rate Of 46.03% During last Year. Its Total Shareholders' Equity Stood At EGP 14.49 Bn By The End Of September 2023, Compared To EGP 9.93 Bn By The End Of December 2022.

Saib, Secured The Fifth Position With A Growth Rate Of 45.77% During The last Year. Its Total Shareholders' Equity Stood At EGP 12.37 Bn By The End Of December 2023, Compared To EGP 8.49 Bn By The End Of December 2022. Following Closely In Fourth Place Was Banque Du Caire With A Growth Rate Of 45.76% During The Same Period.

Suez Canal Bank, Come In Seventh Position With A Growth Rate Of 42.05% During The last Year. Its Total Shareholders' Equity Stood At EGP 7.81 Bn By The End Of December 2023, Compared To EGP 5.50 Bn By The End Of December 2022.

EBank Claimed The Eighth Position With A Growth Rate Of 41.65%. Its Total Shareholders' Equity Reached EGP 13.73 Bn By The End Of December 2023, Compared To EGP 9.69 Bn By The End Of December 2022, Following Closely In Eighth Place Was EGBANK With A Growth Rate Of 39% During The Same Period.

Emirates NBD - Egypt Secured The Tenth Position With A Growth Rate Of 36.37% During The last Year. Its Total Shareholders' Equity Reached EGP 11.60 Bn By The End Of December 2023, Compared To EGP 8.51Bn By The End Of December 2022.

It Is Worth Noting That All The Mentioned Values And Growth Rates Above Based On Separate Announced Financial Statements Of Each Bank As Of December 2023.