aiBANK's corporate deposits grow by 25% during H1-2024, recording EGP 19.51 bn

The separate financial statements of aiBANK, which ended June 30, revealed a growth rate of 24.97% in the corporate deposit portfolio and an increase of EGP 8.93 bn during the first half of this year, recording EGP 44.71bn by the end of June 2024, compared to EGP35.77bn by the end of December 2023.

retail deposit portfolio rose by 29%, with an increase of EGP 4.38bn during the first 6M of this year, after registering EGP 19.52 bn by the end of June 2024, compared to EGP15.13bn by the end of December 2023.

The Bank's total customer deposit portfolio rose by 26.17% and increased by EGP 13.32 bn in the first half of this year, moving from EGP 50.90 bn by the end of December 2023, to EGP 64.22 bn by the end of June 2024.

The demand deposits portfolio rose by 28.89%, an increase of EGP5.96bn in the first half of this year, registering EGP 26.59 bn by the end of June 2024 compared to EGP 20.53 bn by the end of December 2023.

Time deposits portfolio increased by 26.60% and an increase of EGP 5.32bn during H1 of this year, reaching EGP 25.64 bn by the end of June 2024, compared to EGP 20.32 bn by the end of December 2023.