ADIB Egypt, saib, and EGBANK, Fastest-growing listed banks in total customer loans during Q1- 2024
First Bank
According To First Bank List Of Listed Banks With The Highest Growth In Total Customer Loans During The first quarter of the current year, ADIB Egypt, Tops The List With A Growth Rate Of 26.81%, Reaching EGP 86.18 Bn By The End Of March 2024, Compared To EGP 67.96 Bn At The End Of December 2023.
The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Revealed Positive Growth Rates In The Customer Loans Portfolios Of All Banks During The Period From January To March 2024.
saib Secures The Second Position With A Growth Rate Of 23.80% During The first quarter of the current year, Reaching A Total Customer Loan Portfolio Of EGP 57.29 Bn By The End Of March 2024, Compared To EGP 46.28 Bn At The End Of December 2023.
EGBANK, Claims The Third Position With A Growth Rate Of 21.66% During The first quarter of the current year, Recording A Total Customer Loans Portfolio Of EGP 41.02 Bn By The End Of March 2024, Compared To EGP 33.71 Bn At The End Of December 2023.
SC Bank Ranks Fourth With A Growth Rate Of 19.32% During The first quarter of the current year, Recording A Total Customer Loans Portfolio Of EGP 44.29 Bn By The End Of March 2024, Compared To EGP 37.11 Bn At The End Of December 2023.
QNB AL AHLI Takes The Fifth Position With A Growth Rate Of 18.47% During The first quarter of the current year, Totaling EGP 318.18 Bn In Customer Loans Portfolio By The End Of March 2024, Compared To EGP 268.58 Bn At The End Of December 2023.
It’s Worth Noting That All Values And Growth Rates Mentioned Are Based On Separate Financial Statements Declared By Each Bank At The End Of March 2024.
Fastest growing listed banks in total customer loans during Q1-2024
# | Bank Name | value at Q1-2024 | value at 2023 | growth rate% |
---|---|---|---|---|
1 | Abu Dhabi Islamic Bank-ADIB Egypt | 86.184 Billion pounds | 67.961 Billion pounds | 26.81 % |
2 | SAIB BANK | 57.293 Billion pounds | 46.278 Billion pounds | 23.8 % |
3 | EGBANK | 41.015 Billion pounds | 33.713 Billion pounds | 21.66 % |
4 | Suez Canal Bank | 44.285 Billion pounds | 37.114 Billion pounds | 19.32 % |
5 | Qatar National Bank-QNB | 318.179 Billion pounds | 268.577 Billion pounds | 18.47 % |
6 | Commercial International Bank-CIB | 312.832 Billion pounds | 265.104 Billion pounds | 18 % |
7 | Export Development Bank of Egypt-EBank | 63.374 Billion pounds | 54.617 Billion pounds | 16.03 % |
8 | Faisal Islamic Bank of Egypt | 18.037 Billion pounds | 16.05 Billion pounds | 12.38 % |
9 | alBaraka Bank Egypt | 49.108 Billion pounds | 43.727 Billion pounds | 12.31 % |
10 | Credit Agricole Egypt | 45.635 Billion pounds | 42.706 Billion pounds | 6.86 % |
11 | Housing and Development Bank-HDB | 48.494 Billion pounds | 45.485 Billion pounds | 6.62 % |