NBE, Banque Misr, and CIB, largest banks in market share of deposits in the banking sector

First Bank

5/27/2024 11:43:00 AM

First Bank List, Of the Largest Banks Operating In The Egyptian Banking Sector In Terms Of The Size Of Market Share Of Total Deposits By The End Of December 2023, Revealed That National Bank Of Egypt Topped The List With A Market Share Of 35.42% Of The Total Deposits Of The Banking Sector, With A Value Of EGP3.60Tn By The End Of December 2023 Followed By Banque Misr With A Market Share Of 18.91% Of The Total Deposits Of The Banking Sector.

Commercial International Bank – Egypt “CIB” Come In Third Place With A Market Share Of 6.64% Of The Total Deposits Of The Banking Sector With A Value Of EGP675.31bn By The End Of December 2023.

QNB AL AHLI Ranked Fourth With A Market Share Of 5.22% Of The Total Deposits Of The Banking Sector, With A Value Of EGP530.12Bn By The End Of December 2023.

Arab African International Bank Came Fifth With A Market Share Of 3.88% Of The Total Deposits Of The Banking Sector, With A Value Of EGP394Bn By The End Of December 2023, Followed By Banque Du Caire With A Market Share Of 2.97% Of The Total Deposits Of The Banking Sector.

As For The Seventh Place, First Abu Dhabi Bank – Egypt FABMisr Obtained It After Its Market Share Of The Total Deposits Of The Sector Reached About 1.97% By The End Of December 2023, And A Portfolio Value Of EGP200Bn By The End Of The Same Period.

As For The Eight Place, Agricultural Bank Of Egypt Obtained It With A Market Share Of 1.82% Of The Total Deposits Of The Banking Sector By The End Of December 2023, After The Size Of Its Deposit Portfolio Reached EGP184.25Bn By The End Of The Same Period.

HSBC Occupied the Ninth Place With A Market Share Of 1.81% Of The Total Deposits Of The Banking Sector, The Size Of Its Deposit Portfolio Reached EGP184.06 Bn By The End Of December 2023, Followed By Alex Bank With A Market Share Of 1.31% Of The Total Deposits Of The Banking Sector.

It Is Worth Noting That All the Values And Market Shares Mentioned In The Analysis Above Are According To Separate Financial Statements Announced By Each Bank At The End Of The Financial Period Ending In December 2023.

largest banks in market shares of deposits in Egypt

#	Bank Name	deposit by end of 2023	Market shares %
1	National Bank of Egypt-NBE	3.6 trillion pounds	35.42 %
2	Banque Misr	Billion pounds	18.91 %
3	Commercial International Bank-CIB	675.31 Billion pounds	6.64 %
4	Qatar National Bank-QNB	530.118 Billion pounds	5.22 %
5	arab african international bank	393.994 Billion pounds	3.88 %
6	Banque Du Caire-BDC	302.066 Billion pounds	2.97 %
7	First Abu Dhabi Bank Egypt-FAB	200 Billion pounds	1.97 %
8	Agricultural Bank of Egypt	184.252 Billion pounds	1.82 %
9	HSBC	184.064 Billion pounds	1.81 %
10	Bank of Alexandria-Alex Bank	133.34 Billion pounds	1.31 %
11	Faisal Islamic Bank of Egypt	130.458 Billion pounds	1.29 %
12	Abu Dhabi Islamic Bank-ADIB Egypt	127.127 Billion pounds	1.25 %
13	NBK Egypt	105.93 Billion pounds	1.04 %
14	Emirates NBD Egypt	102.655 Billion pounds	1.01 %
15	Housing and Development Bank-HDB	101.273 Billion pounds	1 %
16	Al Ahli united bank Egypt	90.058 Billion pounds	0.89 %
17	Export Development Bank of Egypt-EBank	86.932 Billion pounds	0.86 %
18	Abu Dhabi Commercial Bank Egypt- ADCB	86.635 Billion pounds	0.85 %
19	SAIB BANK	85.349 Billion pounds	0.84 %
20	alBaraka Bank Egypt	85.007 Billion pounds	0.84 %
21	Credit Agricole Egypt	84.175 Billion pounds	0.83 %
22	Al Ahli Bank of Kuwait Egypt -ABK Egypt	83.064 Billion pounds	0.82 %
23	EGBANK	81.142 Billion pounds	0.8 %
24	Attijariwafa Bank Egypt	76.377 Billion pounds	0.75 %
25	Suez Canal Bank	73.647 Billion pounds	0.73 %
26	Arab Banking Corporation- ABC	57.774 Billion pounds	0.57 %
27	BANK NXT	50.9 Billion pounds	0.05 %
28	The United Bank	50.3 Billion pounds	0.49 %