EGBANK, EBank, and SC Bank, fastest growing listed banks in corporate deposits during H1-2024
The List Of First Bank For The Fastest Growing Banks In Corporate Deposits During H1 of the current Year, Revealed That EGBANK Topped The List With A Growth Rate Of 49.15%, After Its Total Portfolio Rose To EGP 91.63 Bn At The End Of June 2024, Compared To EGP 61.44 Bn At The End Of December 2023.
The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Disclosed That 9 Banks Of The Banks Under Analysis Achieved Positive Growth Rates In The Total Portfolio Of Corporate Deposits With Them, While 2 Banks Achieved Decline Rates In their Portfolio Of Corporate Deposits During The Period From June To March 2024.
Returning To The List, EBank Won The Second Place With A Growth Rate Of 47.41% During H1 of the current Year, To Record EGP 105.39 Bn At The End Of June 2024, Compared To EGP 71.49 Bn At The End Of December 2023.
SC Bank Came In Third Place With A Growth Rate Of 38.05% During H1 of 2024, After The Total Portfolio Of Corporate Deposits With It Rose To EGP 81.82 Bn At The End Of June 2024, Compared To EGP 59.27 Bn At The End Of December 2023.
ADIB Won The Fourth Place With A Growth Rate Of 31.23% During H1 of the current Year, After The Size Of The Portfolio Of Corporate Deposits With It Jumped To EGP 91.09 Bn At The End Of June 2024, Compared To EGP 69.41 Bn At The End Of December 2023.
saib Ranked Fifth With A Growth Rate Of 24.38% During H1 of the current Year, After The Total Portfolio Of Corporate Deposits With It Reached EGP 75.79 Bn At The End Of June 2024, Compared To EGP 60.94 Bn At The End Of December 2023.
It Is Worth Noting That All Values And Growth Rates Mentioned In The Analysis Above Are According To Separate Financial Statements Announced For Each Bank At The End Of June 2024.
Fastest growing listed banks in corporate deposits during H1-2024
| # | Bank Name | corporate deposits during H1-2024 | corporate deposits during 2023 | growth rate% |
|---|---|---|---|---|
| 1 |
EGBANK |
91.634 Billion pounds | 61.436 Billion pounds | 19.15 % |
| 2 |
Export Development Bank of Egypt-EBank |
105.389 Billion pounds | 71.492 Billion pounds | 47.41 % |
| 3 |
Suez Canal Bank |
81.821 Billion pounds | 59.27 Billion pounds | 38.05 % |
| 4 |
Abu Dhabi Islamic Bank-ADIB Egypt |
91.085 Billion pounds | 69.409 Billion pounds | 31.23 % |
| 5 |
SAIB BANK |
75.794 Billion pounds | 60.936 Billion pounds | 24.38 % |
| 6 |
Housing and Development Bank-HDB |
68.077 Billion pounds | 55.154 Billion pounds | 23.43 % |
| 7 |
Commercial International Bank-CIB |
368.937 Billion pounds | 305.936 Billion pounds | 20.59 % |
| 8 |
alBaraka Bank Egypt |
51.716 Billion pounds | 43.336 Billion pounds | 19.34 % |
| 9 |
Qatar National Bank-QNB  |
417.241 Billion pounds | 356.741 Billion pounds | 16.96 % |
| 10 |
Faisal Islamic Bank of Egypt |
4.41 | 4.894 Billion pounds | -9.89 % |
| 11 |
Credit Agricole Egypt |
52.976 Billion pounds | 59.585 Billion pounds | -11.09 % |
