ADIB Egypt, QNB, and HD Bank, fastest growing listed banks in direct loans during H1-2024
First Bank

First Bank List Revealed the Fastest-Growing Listed Banks in Direct Loans During H1 of the current Year. ADIB Egypt Topped the List with A Growth Rate Of 32.08%, Reaching A Total Portfolio of EGP 53.791 Bn by The End of March 2024, Compared To EGP 40.726 Bn In December 2023.
The List, including 10 Banks Listed on The Egyptian Stock Exchange (Excluding Faisal Islamic Bank), Showed That all Banks Achieved Positive Growth Rates In Their Total Direct Loan Portfolios, From June To March 2024.
Returning To the List, QNB, Secured the Second Position with A Growth Rate Of 28.93% During H1 of the current Year. Its Total Portfolio Reached EGP 101.367 Bn By the End of June 2024, Compared To EGP 78.623 Bn At The End Of December 2023
HD Bank Of Egypt Come in Third Place with A Growth Rate Of 28.50% During H1 of this year. Its Total Direct Loan Portfolio Reached EGP 13.047 Bn By The End Of June 2024, Compared To EGP 10.153 Bn At The End Of December 2023.
CIB Claimed The Fourth Position With A Growth Rate Of 26.39% During H1 of 2024, Its Total Direct Loan Portfolio Reaching EGP 124.457 Bn By The End Of June 2024, Compared To EGP 98.469 Bn At The End Of December 2023.
Credit Agricole Bank Secured the Fifth Position On The List With A Growth Rate Of 23.73% During H1-2024. Its Total Direct Loan Portfolio Reached EGP 24.702 Bn By The End Of June 2024, Compared To EGP 19.964 Bn At The End Of December 2023.
It Is Important To Note That All Values And Growth Rates Mentioned In The Analysis Are Based On Separate Announced Financial Statements Of Each Bank By The End Of June 2024.