According To The List Of First Bank For The Fastest Growing Banks In Personal Loans During The First 6 Months

First Bank,Personal loans

alBaraka, EGBANK, and EBank, fastest growing listed banks in personal loans during H1-2024

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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
alBaraka Bank Egypt
10.169 Billion pounds 7.342 Billion pounds 38.5 %
2 EGBANK
EGBANK
9.882 Billion pounds 7.698 Billion pounds 28.37 %
3 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
8.123 Billion pounds 6.332 Billion pounds 28.28 %
4 SAIB BANK
SAIB BANK
12.998 Billion pounds 10.268 Billion pounds 26.59 %
5 Suez Canal Bank
Suez Canal Bank
4.33 Billion pounds 3.592 Billion pounds 20.55 %
6 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
20.178 Billion pounds 16.971 Billion pounds 18.9 %
7 Commercial International Bank-CIB
Commercial International Bank-CIB
49.389 Billion pounds 42.508 Billion pounds 16.19 %
8 Qatar National Bank-QNB
Qatar National Bank-QNB
46.446 Billion pounds 41.053 Billion pounds 13.14 %
9 Housing and Development Bank-HDB
Housing and Development Bank-HDB
12.474 Billion pounds 11.168 Billion pounds 11.69 %
10 Credit Agricole Egypt
Credit Agricole Egypt
9.414 Billion pounds 8.474 Billion pounds 11.09 %