ADIB, saib, and ABK- Egypt, fastest growing banks in corporate loans during Q1-2024

First Bank list of the fastest-Growing banks in Corporate Loans During Q1-2024 Revealed That Abu Dhabi Commercial Bank Egypt Topped The List With A Growth Rate Of 32.02%, Reaching A Total Portfolio Of EGP 65.56 Bn By The End Of March 2024, Compared To EGP 49.66 Bn At The End Of December 2023.

The List That Includes 22 Banks Operating In The Egyptian Banking Sector, For Which Financial Statements Were Made Available During The Period Under Analysis, Revealed That all Banks Achieved Positive Growth Rates In Their Corporate Loans From January To March 2024.

Returning To the List, Saib Secured The Second Position With A Growth Rate Of 27.07% In Its Corporate Loans During Q1-2024, Reaching EGP 42.71 Bn By The End Of March 2024, Compared To EGP 33.61 Bn At The End Of December 2023.

ABK-Egypt come in Third Place With A Growth Rate Of 23.78% during the first quarter of the current year, registering the Size Of Its Corporate Loan Portfolio Around EGP 37.52bn By The End Of March 2024, Compared To EGP30.32bn By The End Of December 2023.

Arab African international Bank-AAIB Ranked Fourth with A Growth Rate Of 23.53% during the first quarter of the current year, After Registering the Size Of Its Corporate Loan Portfolio At EGP 167.64 Bn By The End Of March 2024, Compared To EGP135.71 Bn By The End Of December 2023.

EGBANK Come In Fifth Place With A Growth Rate Of 22.05% During The First 3M Of This Year, Registering The Size Of Its Corporate Loan Portfolio Around EGP 30.94 By The End Of March 2024, Compared To EGP25.35 Bn By The End Of December 2023, Followed By QNB With A Growth Rate Of 21.17% During The Same Period.

CIB Came In Seventh Position With A Growth Rate Of 20.76% during the first quarter of the current year, Recording The Size Of Its Corporate Loan Portfolio Of EGP 247.61 Bn By The End Of March 2024, Compared To EGP205.04 Bn By The End Of December 2023.

Suez Canal Bank Ranked Eighth After Its Corporate Loan Portfolio Rose By 20.33% during the first quarter of the current year, Registering EGP 40.19 Bn By The End Of March 2024, Compared To EGP 33.40 Bn By The End Of December 2023.

EBank Ranked Ninth with A Growth Rate Of 16.28% during the first quarter of the current year, After Registering The Size Of Its Corporate Loan Portfolio At EGP 54.54 Bn By The End Of March 2024, Compared To EGP46.90Bn By The End Of December 2023.

Faisal Bank Came In Tenth Place With A Growth Rate Of 15.06% during the first quarter of the current year, Recording The Size Of Its Corporate Loan Portfolio About EGP 14.69Bn By The End Of March 2024, Compared To EGP12.77Bn By The End Of December 2023.

It Should Be Noted That All The Values And Growth Rates Mentioned In The Above Analysis According To The Separate Financial Statements Announced To Each Bank By The End Of March 2024.