EGBANK, EBank, and, SC Bank Fastest-growing listed banks in Assets during H1-2024
First Bank List Reveals That EGBANK Leads The Fastest-Growing Banks in Total Assets With A Growth Rate of 42% During H1 of the current Year, Reaching EGP 138.48 Bn By The End Of June 2024, Compared To EGP 97.52 Bn By The End Of 2023.
Analysis Covers 11 Banks Listed On The Egyptian Stock Exchange, All Showing Positive Growth Rates In Their Financial Positions From June To March 2024.
EBank, takes The Second Position With A 35.32% Growth Rate During H1 of the current Year, Reaching A Total Asset Portfolio Of EGP 157.99 Bn By The End Of June 2024, Compared To EGP 116.76 Bn By The End Of 2023.
SC Bank, Secured The Third Position With A Growth Rate Of 35.12% During H1 of the current Year, Recording Total Assets Of EGP 139.10 Bn By The End Of June 2024, Compared To EGP 102.93 Bn By The End Of 2023.
saib Claims The Fourth Position With A Growth Rate Of 31.18% During H1 of the current Year, Reaching EGP 141.43 Bn In Total Assets By The End Of June 2024, Compared To EGP 107.81 Bn By The End Of 2023.
As For The Fifth Position, ADIB Achieves A Growth Rate Of 30.04% During H1 of the current Year, With Total Assets Reaching EGP 208.91 Bn By The End Of June 2024, Compared To EGP 160.65 Bn By The End Of 2023.
All Values And Growth Rates Mentioned Are Based On Separate Declared Financial Statements Of Each Bank By The End Of June 2024.
Fastest growing listed banks in Total assets during H1-2024
# | Bank Name | Total assets during H1-2024 | Total assets during2023 | growth rate % |
---|---|---|---|---|
1 | EGBANK | 138.48 Billion pounds | 97.52 Billion pounds | 42 % |
2 | Export Development Bank of Egypt-EBank | 157.993 Billion pounds | 116.755 Billion pounds | 35.32 % |
3 | Suez Canal Bank | 139.095 Billion pounds | 102.939 Billion pounds | 35.12 % |
4 | SAIB BANK | 141.425 Billion pounds | 107.81 Billion pounds | 31.18 % |
5 | Abu Dhabi Islamic Bank-ADIB Egypt | 208.908 Billion pounds | 160.647 Billion pounds | 30.04 % |
6 | Commercial International Bank-CIB | 1.052 trllion pounds | 832.527 Billion pounds | 26.36 % |
7 | alBaraka Bank Egypt | 124.596 Billion pounds | 100.447 Billion pounds | 24.04 % |
8 | Faisal Islamic Bank of Egypt | 215.773 Billion pounds | 176.962 Billion pounds | 21.93 % |
9 | Housing and Development Bank-HDB | 149.981 Billion pounds | 125.102 Billion pounds | 19.89 % |
10 | Qatar National Bank-QNB | 740.925 Billion pounds | 620.531 Billion pounds | 19.4 % |
11 | Credit Agricole Egypt | 114.217 Billion pounds | 105.995 Billion pounds | 7.76 % |