EBank, saib, and Faisal Islamic Bank, Fastest-growing listed banks in retail deposits in Q1-2024
First Bank
According To First Bank List Of Listed Banks, The List Reveals That EBank Topped The Chart With A Growth Rate Of 31.47% during last year, Increasing Their Total Portfolio To EGP 17.33 Bn By The End Of March 2024, Compared To EGP 13.19 Bn At The End Of December 2023.
The List, Including 11 Banks Listed On The Egyptian Stock Exchange, Indicates Positive Growth Rates In The Total Portfolios Of Retail Deposits For All Banks From January To March 2024.
saib Secured The Second Position With A Growth Rate Of 24.85% During Q1-2024, As Its Total Portfolio Of Retail Deposits Reached EGP 30.43 Bn By The End Of MArch 2024, Compared To EGP 24.37 Bn At The End Of December 2023.
Faisal Islamic Bank of Egypt Claimed The Third Position With A Growth Rate Of 21.69% During Q1-2024, As Its Total Portfolio Of Retail Deposits Rose To EGP 152.80 Bn By The End Of MArch 2024, Compared To EGP 125.57 Bn At The End Of December 2023.
EGBank Secured The Fourth Position With A Growth Rate Of 21.35% during Q1-2024, As Its Total Portfolio Of Retail Deposits Reached EGP 23.91 Bn By The End Of March 2024, Compared To EGP 19.71 Bn At The End Of December 2023.
Commercial International Bank, Came In Fifth With A Growth Rate Of 20.08% during Q1-2024, Reaching EGP 443.6 Bn By The End Of March 2024, Compared To EGP 369.37 Bn.
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 retail deposits during Q1-2024
| # | Bank Name | Value during Q1-2024 | Value during 2023 | growth rate % |
|---|---|---|---|---|
| 1 |
Export Development Bank of Egypt-EBank |
17.334 Billion pounds | 13.185 Billion pounds | 31.47 % |
| 2 |
SAIB BANK |
30.431 Billion pounds | 24.373 Billion pounds | 24.85 % |
| 3 |
Faisal Islamic Bank of Egypt |
152.796 Billion pounds | 125.565 Billion pounds | 21.69 % |
| 4 |
EGBANK |
23.913 Billion pounds | 19.706 Billion pounds | 21.35 % |
| 5 |
Commercial International Bank-CIB |
443.56 Billion pounds | 369.374 Billion pounds | 20.08 % |
| 6 |
Qatar National Bank-QNB  |
203.221 Billion pounds | 173.378 Billion pounds | 17.21 % |
| 7 |
Credit Agricole Egypt |
28.787 Billion pounds | 24.59 Billion pounds | 17.07 % |
| 8 |
alBaraka Bank Egypt |
48.535 Billion pounds | 41.671 Billion pounds | 16.47 % |
| 9 |
Suez Canal Bank |
16.593 Billion pounds | 14.377 Billion pounds | 15.41 % |
| 10 |
Abu Dhabi Islamic Bank-ADIB Egypt |
65.536 Billion pounds | 57.719 Billion pounds | 13.54 % |
| 11 |
Housing and Development Bank-HDB |
47.172 Billion pounds | 46.12 Billion pounds | 2.28 % |
