ADIB, saib, and CIB, Fastest growing listed banks in corporate loans during H1-2024

First Bank List Of The Fastest-Growing Banks In Corporate Loans During Q1-2024 Revealed That Abu Dhabi Commercial Bank Egypt Topped The List With A Growth Rate Of 39.23%, Reaching A Total Portfolio Of EGP 69.14 Bn By The End Of June 2024, Compared To EGP 49.66 Bn At The End Of December 2023.

The List, Including 11 Banks Listed On The Egyptian Stock Exchange, Disclosed That All Banks Achieved Positive Growth Rates In Their Total Corporate Loan Portfolios During The Period From January To June 2024.  

saib Secured The Second Position With A Growth Rate Of 36.41% In Its Corporate Loans During H1-2024, Reaching EGP 45.82 Bn By The End Of June 2024, Compared To EGP 33.59 Bn At The End Of December 2023.

CIB Claimed The Third Position With A Growth Rate Of 27% During H1-2024, As Its Total Corporate Loan Portfolio exceeded EGP 260.39 Bn By The End Of June 2024, Compared To EGP 205.04 Bn At The End Of December 2023.

EGBANK Took The Fourth Position With A Growth Rate Of 23.47% During H1-2024, As Its Total Portfolio Reached EGP 31.30 Bn By The End Of June 2024, Compared To EGP 25.35 Bn At The End Of December 2023.

QNB Ranked Fifth With A Growth Rate Of 22.31% During H1-2024, Reaching A Corporate Loan Portfolio Of EGP 262.49 Bn By The End Of June 2024, Compared To EGP 214.62 Bn At The End Of December 2023, followed by HD Bank with a growth rate of 17.38% during the same period.

 It’s Worth Noting That All The Values And Growth Rates Mentioned In The Above Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of June 2024.