alBaraka, EGBANK, and EBank, fastest growing listed banks in personal loans during H1-2024
First Bank
According To The List Of First Bank For The Fastest Growing listed Banks In Personal Loans During The First 6 Months Of This Year Revealed That alBaraka Topped The List With A Growth Rate Of 38.50%, After Its personal financing Jumped To EGP 10.17 Bn At The End Of June 2024, Compared To EGP 7.34Bn In December 2023.
The List, Which Included 10 Banks Listed On The Egyptian Stock Exchange, Disclosed That 10 The Banks Under Analysis Achieved Positive Growth Rates In The Total Portfolio Of Their Personal Loans During The Period From January To June 2024 .
Returning To The List, EGBANK Came In Second Place With A Growth Rate Of 28.37% During The First Half Of The This Year, After Its Total Portfolio Rose To EGP 9.88 Bn At The End Of June 2024, Compared To EGP 7.70 Bn At The End Of December 2023.
Egyptian Export Development Bank-EBank Ranked Third With A Growth Rate Of 28.28% During The First Half Of The Current Year, After Its Total Personal Loan Portfolio Jumped To EGP 8.12 Bn At The End Of June 2024, Compared To EGP 6.33 Bn At The End Of December 2023.
Saib Ranked Fourth With A Growth Rate Of 26.95% During The First 6 Months Of 2024, After Its Total Personal Loan Portfolio Rose To EGP 13 Bn At The End Of June 2024, Compared To EGP 10.27 Bn At The End Of December 2023.
As For The Fifth Place, It Was Obtained By SC Bank With A Growth Rate Of 20.55% During The First 6 Months Of This Year, After Its Total Personal Loan Portfolio Rose To EGP 4.33 Bn At The End Of June 2024, Compared To EGP 3.59 Bn At The End Of December 2023.
It Is Worth Noting That All The Values And Growth Rates Mentioned In The Analysis Above Are According To Separate Financial Statements Announced For Each Bank, At The End Of June 2024.
Fastest growing listed banks in personal loans during H1-2024
# | Bank Name | personal loans during H1-2024 | personal loans during 2023 | growth rate % |
---|---|---|---|---|
1 | alBaraka Bank Egypt | 10.169 Billion pounds | 7.342 Billion pounds | 38.5 % |
2 | EGBANK | 9.882 Billion pounds | 7.698 Billion pounds | 28.37 % |
3 | Export Development Bank of Egypt-EBank | 8.123 Billion pounds | 6.332 Billion pounds | 28.28 % |
4 | SAIB BANK | 12.998 Billion pounds | 10.268 Billion pounds | 26.59 % |
5 | Suez Canal Bank | 4.33 Billion pounds | 3.592 Billion pounds | 20.55 % |
6 | Abu Dhabi Islamic Bank-ADIB Egypt | 20.178 Billion pounds | 16.971 Billion pounds | 18.9 % |
7 | Commercial International Bank-CIB | 49.389 Billion pounds | 42.508 Billion pounds | 16.19 % |
8 | Qatar National Bank-QNB | 46.446 Billion pounds | 41.053 Billion pounds | 13.14 % |
9 | Housing and Development Bank-HDB | 12.474 Billion pounds | 11.168 Billion pounds | 11.69 % |
10 | Credit Agricole Egypt | 9.414 Billion pounds | 8.474 Billion pounds | 11.09 % |