Credit Agricole, EBank, and saib Fastest growing listed banks in mortgage loans in Q1-2024

First Bank List Of Fastest-Growing Banks In Mortgage Loans During Q1-2024 Revealed Credit Agricole Topped The List With A Gr Owth Rate Of 13.82%, Reaching EGP 1.10 bn By The End Of March 2024, Compared To 968.5 Mn At The End Of December 2023.

The List, Including 10 Banks Listed On The Egyptian Stock Exchange, Revealed That 9 Banks Achieved Positive Growth Rates In Their Real Estate Loan Portfolios. Meanwhile, 1 Banks Experienced A Decline In Their Total Real Estate Loans From January To March 2024.

Returning To The List, That Egyptian Export Development Bank Secured The Second Position With A Growth Rate Of 11.01% During Q1-2024, With Its Total Mortgage Loan Portfolio Reaching EGP929.8 Mn By The End Of March 2024, Compared To EGP837.6 Mn At The End Of December 2023.

saib Claimed The Third Position With A Growth Rate Of 7.23% During Q1-2024, As Its Mortgage Loan Portfolio Jumped To EGP1.29 bn By The End Of March 2024, Compared To EGP 1.20 Mn At The End Of December 2023.

QNB AlAhli Managed To Secure The Fourth Position With A Growth Rate Of 6.80% During Q1-2024, With Its Total Mortgage Loan Portfolio Reaching 6.38 Bn By The End Of March 2024, Compared To EGP5.97 Bn At The End Of December 2023 in.

EGBANK Claimed The Fifth Position With A Growth Rate Of 6.09% During Q1-2024, As Its Mortgage Loan Portfolio Increased To EGP420.4 mn By The End Of March 2024, Compared To EGP 396.2 mn At The End Of December 2023.

It’s Worth Noting That All The Mentioned Values And Growth Rates In The Analysis Above Are Based On Separate Financial Statements Announced By Each Bank By The End Of March 2024.