EGBANG, EBank, and SC Bank, Fastest-growing listed banks in deposits during H1-2024
First Bank
First Bank List Of Listed Banks With The Fastest Growth In Customer Deposits during H1 of the current Year, Revealed That EGBANG Topped The List With A Growth Rate Of 13%, After Its Total Customer Deposits Increased From EGP 81.14 Bn At The End Of December 2023, To EGP 116.04 Bn By The End Of June 2024.
First Bank List Reveals Total Customer Deposits For 11 Listed Banks on The Egyptian Stock Exchange, Showing Positive Growth Rates In Their Portfolios From January To June 2024.
Returning To The List, EBank Takes The Second Position With A 41.47% Growth During H1 of the current Year, Reaching EGP 122.98 Bn By The End Of June 2024, Compared To EGP 86.93 Bn At The End Of December 2023.
SC Bank Ranks Third With A Growth rate of 34.54% During H1 of 2024, Recording A Total Customer Deposit Portfolio Around EGP 99.09 Bn By The End Of June 2024, Compared To EGP 73.65 Bn At The End Of December 2023.
saib Secured The Fourth Position On The List With A Growth rate of 29.67% During H1 of the current Year. Its Total customer Deposit Portfolio Rose To EGP 110.60 Bn By The End Of June 2024, Compared To EGP 85.29 Bn At The End Of December 2023.
ADIB Takes the Fifth Position With A 28.53% Growth during H1 of the current Year. Its Customer Deposit Portfolio Increased From EGP 127.13 Bn At The End Of December 2023 To EGP 163.40 Bn By The End Of June 2024.
It’s Worth Noting That All Mentioned Values And Growth Rates Are Based On Separate Financial Statements Declared By Each Bank At The End Of June 2024.
Fastest growing listed banks in customer deposits during H1-2024
# | Bank Name | customer deposits during H1-2024 | customer deposits during 2023 | growth rate |
---|---|---|---|---|
1 | EGBANK | 116.04 Billion pounds | 81.142 Billion pounds | 43 % |
2 | Export Development Bank of Egypt-EBank | 122.98 Billion pounds | 86.933 Billion pounds | 41.47 % |
3 | Suez Canal Bank | 99.085 Billion pounds | 73.647 Billion pounds | 34.54 % |
4 | SAIB BANK | 110.601 Billion pounds | 85.294 Billion pounds | 29.67 % |
5 | Abu Dhabi Islamic Bank-ADIB Egypt | 163.4 Billion pounds | 127.13 Billion pounds | 28.53 % |
6 | Commercial International Bank-CIB | 857.74 Billion pounds | 675.31 Billion pounds | 27.01 % |
7 | Faisal Islamic Bank of Egypt | 165.123 Billion pounds | 130.459 Billion pounds | 26.57 % |
8 | alBaraka Bank Egypt | 106.063 Billion pounds | 85.007 Billion pounds | 24.77 % |
9 | Housing and Development Bank-HDB | 121.703 Billion pounds | 101.274 Billion pounds | 20.17 % |
10 | Qatar National Bank-QNB | 636.48 Billion pounds | 530.12 Billion pounds | 20.06 % |
11 | Credit Agricole Egypt | 84.255 Billion pounds | 84.175 Billion pounds | 0.1 % |