First Bank List Reveals That EGBANK Leads The Fastest-Growing Banks in Total Assets With A Growth Rate of 42%

assets,fastest-growing listed banks

EGBANK, EBank, and, SC Bank Fastest-growing listed banks in Assets during H1-2024

FirstBank

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
EGBANK
138.48 Billion pounds 97.52 Billion pounds 42 %
2 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
157.993 Billion pounds 116.755 Billion pounds 35.32 %
3 Suez Canal Bank
Suez Canal Bank
139.095 Billion pounds 102.939 Billion pounds 35.12 %
4 SAIB BANK
SAIB BANK
141.425 Billion pounds 107.81 Billion pounds 31.18 %
5 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
208.908 Billion pounds 160.647 Billion pounds 30.04 %
6 Commercial International Bank-CIB
Commercial International Bank-CIB
1.052 trllion pounds 832.527 Billion pounds 26.36 %
7 alBaraka Bank Egypt
alBaraka Bank Egypt
124.596 Billion pounds 100.447 Billion pounds 24.04 %
8 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
215.773 Billion pounds 176.962 Billion pounds 21.93 %
9 Housing and Development Bank-HDB
Housing and Development Bank-HDB
149.981 Billion pounds 125.102 Billion pounds 19.89 %
10 Qatar National Bank-QNB
Qatar National Bank-QNB
740.925 Billion pounds 620.531 Billion pounds 19.4 %
11 Credit Agricole Egypt
Credit Agricole Egypt
114.217 Billion pounds 105.995 Billion pounds 7.76 %