Top Bank: ADCB continues its exceptional growth in Egyptian market

Abu Dhabi Commercial Bank topped First Bank list of the fastest growing banks in terms of credit cards during the first half of 2022 with a growth rate of 44%. Its credit card portfolio recorded about 85.5 million pounds at the end of June 2022, compared to 59.4 million at the end of December 2021.

ADCB continue its strong performance with Ihab El Sewerky at the top of its management while achieving record growth rates that reflect the diligent work done towards achieving the bank’s five-year strategy to enhance the group brand, increase its market share and expand its business.

The bank recorded balanced growth rates in all activities and business sectors, while maintaining efficiency and risk ratios in line with this growth. The bank also seeks to achieve business sustainability and customer satisfaction at the same time.

Abu Dhabi Commercial Bank Egypt (ADCB-Egypt) has wrapped up its first year in the Egyptian market with five prestigious awards, and its Managing Director & CEO, Ihab El Sewerky, was granted the award of ‘CEO of the Year 2021.’ The British magazine, Global Business Outlook, awarded ADCB Egypt “The Fastest Growing Digital Bank in 2021.

Furthermore, the prestigious  Digital Banker association awarded ADCB Egypt four awards for excellence in the Middle East and Africa retail banking sector; ‘Best Digital Transformation Program,’ Outstanding IT Transformation,’ ‘Best Financial Inclusion Initiative,’ and ‘Best Graduate Employment Program.’