First Bank List Reveals That Suez Canal Bank Leads The Fastest-Growing Banks With A Growth Rate of 32.13% Duri

First Bank list,growth rate,total asset,fastest-growing banks

SC Bank, saib, and EGBANK, Fastest-growing listed banks in Assets during Q1-2024

FirstBank

First Bank List Reveals That Suez Canal Bank Leads The Fastest-Growing Banks in Total Assets With A Growth Rate of 32.13% During the first quarter of the current Year, Reaching EGP 136.02 Bn By The End Of March 2024, Compared To EGP 102.94 Bn By The End Of 2023.

Analysis Covers 11 Banks Listed On The Egyptian Stock Exchange, All Showing Positive Growth Rates In Their Financial Positions From January To March 2024.

saib, takes The Second Position With A 27.39% Growth Rate During the first quarter of the current Year, Reaching A Total Asset Portfolio Of EGP 137.43 Bn By The End Of March 2024, Compared To EGP 107.88 Bn By The End Of 2023.

EGBANK, Secured The Third Position With A Growth Rate Of 22.97% During the first quarter of the current Year, Recording Total Assets Of EGP 119.93 Bn By The End Of March 2024, Compared To EGP 97.52 Bn By The End Of 2023.

 

Faisal Bank Claims The Fourth Position With A Growth Rate Of 22.73% During the first quarter of the current Year, Reaching EGP 217.18 Bn In Total Assets By The End Of March 2024, Compared To EGP 176.96 Bn By The End Of 2023.

As For The Fifth Position, EBank Achieves A Growth Rate Of 20.33% During the first quarter of the current Year, With Total Assets Reaching EGP 140.49 Bn By The End Of March 2024, Compared To EGP 116.76 Bn By The End Of 2023.

All Values And Growth Rates Mentioned Are Based On Separate Declared Financial Statements Of Each Bank By The End Of March 2024.

Fastest growing listed banks in Assets during Q1-2024

# Bank Name Value during Q1-2024 Value during 2023 Growth rate %
1 Suez Canal Bank
Suez Canal Bank
136.015 Billlion pounds 102.939 Billlion pounds 32.13 %
2 SAIB BANK
SAIB BANK
137.428 Billlion pounds 107.879 Billlion pounds 27.39 %
3 EGBANK
EGBANK
119.925 Billlion pounds 97.52 Billlion pounds 22.97 %
4 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
217.183 Billlion pounds 176.962 Billlion pounds 22.73 %
5 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
140.487 Billlion pounds 116.755 Billlion pounds 20.33 %
6 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
189.595 Billlion pounds 160.647 Billlion pounds 18.02 %
7 Commercial International Bank-CIB
Commercial International Bank-CIB
972.359 Billlion pounds 832.527 Billlion pounds 16.8 %
8 Qatar National Bank-QNB Al Ahli
Qatar National Bank-QNB Al Ahli
722.164 Billlion pounds 620.531 Billlion pounds 16.38 %
9 alBaraka Bank Egypt
alBaraka Bank Egypt
113.022 Billlion pounds 832.527 Billlion pounds 12.52 %
10 Housing and Development Bank-HDB
Housing and Development Bank-HDB
132.944 Billlion pounds 620.531 Billlion pounds 6.27 %
11 Credit Agricole Egypt
Credit Agricole Egypt
110.351 Billlion pounds 100.447 Billlion pounds 4.11 %