CIB, Faisal Bank, and EGBANK, Fastest-growing listed banks in financial investments during H1-2024

First Bank List Revealed The Fastest-Growing Listed Banks In Financial Investments During The First Half Of The Current Year. Revealed That Commercial International Bank-CIB Topped The List With A Growth Rate Of 37.71%, Reaching A Total Portfolio Of EGP 372.71 Bn By The End Of June 2024, Compared To EGP270.14 Bn In December 2023.

The List, Included 11 Banks Listed On The Egyptian Stock Exchange, Revealed 7 Banks Achieved Positive Growth Rates In The Total Value Of Their Financial Investment Portfolios And T-Bills Meanwhile, 3 Banks Experienced A Decline In Their Total Financial Investments During The Period From January To June 2024.

Returning To The List, Faisal Islamic BankClaimed The Second Position Achieved A Growth Rate Of 21.71% During The First 6 months Of The Current Year, Recording A Total Financial Investment And Treasury Bills Approximately EGP117.16Bn By The End Of june 2024, Compared To EGP96.26Bn At The End Of December 2023.

EGBANK Claimed The Third Position With A Growth Rate Of 15.74% During The First Half Of The Current Year, Reaching A Total Investment Portfolio And T-Bills Of EGP 46.80 Bn By The End Of June 2024, Compared To EGP40.43Bn At The End Of December 2023.

Credit Agricole Bank Secured The Fourth Position With A Growth Rate Of 8.64% During The First Half Of This Year. The Total Portfolio Of Financial Investments And Treasury Bills At The Bank Rose To EGP 19.51 Bn By The End Of June 2024, Compared To EGP17.96Bn At The End Of December 2023.

HD Bank Occupied The Fifth Position With A Growth Rate Of 7.70% During The First Half Of The Current Year. The Total Financial Investments Reached Approximately EGP49.51Bn By The End Of June 2024, Compared To EGP454.97Bn At The End Of December 2023.

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