AAIB, HD Bank, and Emirates NBD, Fastest-growing banks in total financial investments during 2023

First Bank

4/30/2024 12:17:00 PM

According To First Bank List Of The Fastest-Growing Banks In Financial Investments, Arab African International Bank Topped The List With A Growth Rate Of 71.80%, Increasing Its Total Portfolio To EGP 168.71 Bn By The End Of December 2023, Compared To EGP98.20Bn By The End Of December 2022.

HD Bank Ranked Second With A Growth Rate Of 55.08% During The Last Year, Reaching A Total Financial Investment About EGP 45.97 Bn By December 2023end, Compared To EGP 29.64 Bn By end of 2022.

Emirates NBD - Egypt Came In Third Place With A Growth Rate Of 53.48%, Increasing Its Total Financial Investments To EGP 43.28 Bn By December 2023, Compared To EGP28.20 Bn By December 2022.

saib Secured The Fourth Position With A Growth Rate Of 51.91%, Reaching A Total Financial Investment Of EGP 34.15 Bn By December 2023end, Up From EGP 22.48 Bn By December 2022end.

ABK-Egypt Secured The Fifth Position With A Growth Rate Of 44.28%, Reaching EGP28.16Bn By December 2023end, Compared To EGP 19.52 Bn By December 2022.

QNB AL AHLI Ranked Sixth With A Growth Rate Of 42.42%, Increasing Its Total Financial Investments To EGP 249.04 Bn By end of 2023, Compared To EGP 174.86 Bn By December 2022end,

Crédit Agricole - Egypt Came In Seventh Place With A Growth Rate Of 37%, Recording EGP17.96Bn By December 2023 End, Compared To EGP 13.11 Bn By December 2022,

alBaraka Bank Secured The Eighth Position With A Growth Rate Of 36.25%, Reaching A Total Financial Investment Of EGP 43.13 Bn By December 2023, Up From EGP 31.66 Bn By December 2022, Followed By Alex Bank With A Growth Rate Of 28.14%.

Ahli United Bank Ranked Tenth With A Growth Rate Of 27.14% During The last Year, Reaching A Total Financial Investment About EGP 21.57 Bn By December 2023end, Compared To EGP 16.97 Bn By December 2022, Followed By CIB With A Growth Rate Of 28.14%.

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

Fastest growing banks in total financial investments during 2023

#	Bank Name	Value by end of 2023	Value by end of 2022	Growth rate%
1	arab african international bank	168.711 Billion pounds	98.201 Billion pounds	71.8 %
2	Housing and Development Bank-HDB	45.971 Billion pounds	29.644 Billion pounds	55.08 %
3	Emirates NBD Egypt	43.278 Billion pounds	28.197 Billion pounds	53.48 %
4	SAIB BANK	34.153 Billion pounds	22.482 Billion pounds	51.91 %
5	Al Ahli Bank of Kuwait Egypt -ABK Egypt	28.159 Billion pounds	19.517 Billion pounds	44.28 %
6	Qatar National Bank-QNB Al Ahli	249.036 Billion pounds	174.86 Billion pounds	42.42 %
7	Credit Agricole Egypt	17.955 Billion pounds	13.106 Billion pounds	37 %
8	alBaraka Bank Egypt	43.129 Billion pounds	31.655 Billion pounds	36.25 %
9	Bank of Alexandria-Alex Bank	41.423 Billion pounds	32.326 Billion pounds	28.14 %
10	Al Ahli united bank Egypt	21.57 Billion pounds	16.965 Billion pounds	27.14 %
11	Commercial International Bank-CIB	270.138 Billion pounds	237.095 Billion pounds	13.94 %
12	EGBANK	40.433 Billion pounds	35.881 Billion pounds	12.69 %
13	Attijariwafa Bank Egypt	21.618 Billion pounds	19.237 Billion pounds	12.38 %
14	Banque Du Caire-BDC	114.258 Billion pounds	102.462 Billion pounds	11.51 %
15	Abu Dhabi Islamic Bank-ADIB Egypt	33.63 Billion pounds	30.892 Billion pounds	8.86 %
16	Export Development Bank of Egypt-EBank	28.271 Billion pounds	26.945 Billion pounds	4.92 %
17	Abu Dhabi Commercial Bank Egypt- ADCB	31.83 Billion pounds	30.815 Billion pounds	3.29 %
18	Faisal Islamic Bank of Egypt	96.262 Billion pounds	93.849 Billion pounds	2.57 %
19	NBK Egypt	34.12 Billion pounds	33.462 Billion pounds	1.97 %
20	Suez Canal Bank	23.058 Billion pounds	24.618 Billion pounds	-6.34 %
21	Arab Investment Bank- aiBANK	21.191 Billion pounds	22.714 Billion pounds	-6.71 %