alBaraka Bank, EGBANK, and EBank, Fastest-growing listed banks in retail loans during H1-2024
First Bank
According To First Bank List Of The Fastest-Growing Listed Banks In Retail Loans During H1 of the current Year, alBaraka Bank Topped The List With A Growth Rate Of 37.41%, Reaching A Total Portfolio Of EGP 10.42 Bn By The End Of June 2024, Compared To EGP 7.58 Bn By The End Of December 2023.
The List, including 11 Banks Listed On The Egyptian Stock Exchange, Reveals Positive Growth Rates In Retail Loan Portfolios For all Banks Analyzed During The Period From January To June 2024.
EGBANK Secured The Second Position With A Growth Rate Of 26.19% During H1 of the current Year, Reaching A Total Retail Loan Portfolio Of EGP 10.56 Bn By The End Of June 2024, Compared To EGP 8.37 Bn By The End Of December 2023.
EBank Claimed the Third Position With A Growth Rate Of 23.52% During H1 of the current Year, Registering EGP 9.53 Bn In Retail Loans By The End Of June 2024, Compared To EGP 7.72 Bn By The End Of December 2023.
saib Ranked Fourth With A Growth Rate Of 23.29% During H1 of the current Year, Reaching A Total Retail Loan Portfolio Of EGP 15.61 Bn By The End Of June 2024, Compared To EGP 12.66 Bn By The End Of December 2023.
The Fifth Position Was Secured By SC Bank, With A Growth Rate Of 20.28% During H1 of the current Year, Recording EGP 4.47 Bn In Retail Loans By The End Of June 2024, Compared To EGP 3.71 Bn By The End Of December 2023.
It’s Worth Noting That All Values and Growth Rates Mentioned In The Analysis Are Based On Separate Financial Statements Announced By Each Bank By The End Of June 2024.
Fastest growing listed banks in retail loans during H1-2024
| # | Bank Name | retail loans during H1-2024 | retail loans during 2023 | growth rate % |
|---|---|---|---|---|
| 1 |
alBaraka Bank Egypt |
10.416 Billion pounds | 7.58 Billion pounds | 37.41 % |
| 2 |
EGBANK |
10.55 Billion pounds | 8.36 Billion pounds | 26.19 % |
| 3 |
Export Development Bank of Egypt-EBank |
9.52 Billion pounds | 7.71 Billion pounds | 23.53 % |
| 4 |
SAIB BANK |
15.6 Billion pounds | 12.66 Billion pounds | 23.29 % |
| 5 |
Suez Canal Bank |
4.46 Billion pounds | 3.71 Billion pounds | 20.28 % |
| 6 |
Abu Dhabi Islamic Bank-ADIB Egypt |
21.61 Billion pounds | 18.3 Billion pounds | 18.12 % |
| 7 |
Commercial International Bank-CIB |
69.06 Billion pounds | 60.06 Billion pounds | 14.98 % |
| 8 |
Qatar National Bank-QNB  |
60.03 Billion pounds | 53.96 Billion pounds | 11.25 % |
| 9 |
Credit Agricole Egypt |
12.06 Billion pounds | 10.866 Billion pounds | 11 % |
| 10 |
Housing and Development Bank-HDB |
26.61 Billion pounds | 24.916 Billion pounds | 6.83 % |
| 11 |
Faisal Islamic Bank of Egypt |
3.32 Billion pounds | 3.285 Billion pounds | 1.34 % |
