NBE, Banque Misr, QNB ALAHLI, and CIB, top banks in the market shares of loans in the banking sector

First Bank

5/28/2024 12:07:00 PM

First Bank List, For the Largest Egyptian Banks In The Market Shares Of Loan Portfolio By The End Of December 2023, Revealed That National Bank Of Egypt Topped The List With A Market Share Of 43.26% Of Total Loans Of The Banking Sector, With A Value Of EGP2.29Tn By The End Of December 2023.

National Bank Of Egypt’s Acquisition Of This Large Share Of The Loan Market In The Egyptian Banking Sector Indicates The Continued Growth Of The Benchmark Bank And Its Continued Leadership Of The Sector, As The Bank Succeeded In 2023 Increasing Its Loan Portfolio By About EGP558 Bn.

Returning To The List, Banque Misr Won Second Place With A Market Share Of 18.18% Of The Total Loans Of The Banking Sector By The End Of December 2023, QNB Al-Ahli Bank Came Third With A Market Share Of 5.08% Of The Total Loans Of The Banking Sector By The End Of December 2023, Thus Topping The Private Banks By About EGP268.6Bn By The End Of Same Period.

Commercial International Bank – Egypt Ranked Fourth With A Market Share Of 5.02% Of The Total Loans Of The Banking Sector, With A Portfolio Value Of EGP265.1 Bn By The End Of December 2023. Followed By Banque Du Caire With A Market Share Of 3.29% By The End Of The Same Period.

Arab African International Bank Came In Sixth Place With A Market Share Of 2.92% Of The Total Loans Of The Banking Sector, With A Value Of EGP154.5Bn By The End Of December 2023 Followed By First Abu Dhabi Bank – Egypt With A Market Share Of 1.64% By The End Of The Same Period.

As For The Eighth Place, Agricultural Bank Of Egypt Obtained It With A Market Share Of 1.49% Of The Total Loans Of The Banking Sector, After Its Total Portfolio Reached About EGP78.8 Bn By The End Of December 2023.

National Bank Of Kuwait – Egypt Came In Ninth Place With A Market Share Of 1.44% Of The Total Loans Of The Banking Sector, With A Value Of EGP76.1Bn By The End Of December 2023.

Abu Dhabi Islamic Bank – Egypt Came In Tenth Place With A Market Share Of 1.29% Of Total Loans Of The Banking Sector, With A Value Of EGP68 Bn By The End Of December 2023.

It Is Worth Noting That All the Values And Market Shares Contained 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.

Top banks in the market shares of loans in Egypt

#	Bank Name	loans At 2023	Market shares %
1	National Bank of Egypt-NBE	2.287 trillion pounds	43.26 %
2	Banque Misr	Billion pounds	18.18 %
3	Qatar National Bank-QNB	268.576 Billion pounds	5.08 %
4	Commercial International Bank-CIB	265.103 Billion pounds	5.02 %
5	Banque Du Caire-BDC	173.908 Billion pounds	3.29 %
6	arab african international bank	154.477 Billion pounds	2.92 %
7	First Abu Dhabi Bank Egypt-FAB	86.5 Billion pounds	1.64 %
8	Agricultural Bank of Egypt	78.826 Billion pounds	1.49 %
9	NBK Egypt	76.055 Billion pounds	1.44 %
10	Abu Dhabi Islamic Bank-ADIB Egypt	67.96 Billion pounds	1.29 %
11	Al Ahli united bank Egypt	67.15 Billion pounds	1.27 %
12	Bank of Alexandria-Alex Bank	63.933 Billion pounds	1.21 %
13	Emirates NBD Egypt	60.066 Billion pounds	1.14 %
14	Export Development Bank of Egypt-EBank	54.617 Billion pounds	1.03 %
15	Al Ahli Bank of Kuwait Egypt -ABK Egypt	46.969 Billion pounds	0.89 %
16	SAIB BANK	46.278 Billion pounds	0.88 %
17	Housing and Development Bank-HDB	45.485 Billion pounds	0.86 %
18	Attijariwafa Bank Egypt	44.02 Billion pounds	0.83 %
19	alBaraka Bank Egypt	43.644 Billion pounds	0.83 %
20	Credit Agricole Egypt	42.705 Billion pounds	0.81 %
21	HSBC	40.992 Billion pounds	0.78 %
22	Abu Dhabi Commercial Bank Egypt- ADCB	37.79 Billion pounds	0.71 %
23	Suez Canal Bank	37.114 Billion pounds	0.7 %
24	EGBANK	33.712 Billion pounds	0.64 %
25	The United Bank	26.8 Billion pounds	0.51 %
26	BANK NXT	22.762 Billion pounds	0.43 %
27	Arab Banking Corporation- ABC	21.39 Billion pounds	0.4 %
28	Faisal Islamic Bank of Egypt	16.05 Billion pounds	0.3 %