First Bank list of the fastest-Growing banks in Corporate Loans During H1-2024 Revealed That Abu Dhabi Islamic

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ADIB, ABK- Egypt, and saib fastest growing banks in corporate loans during H1-2024

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First Bank list of the fastest-Growing banks in Corporate Loans During H1-2024 Revealed That Abu Dhabi Islamic Bank Egypt-ADIB 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 That Includes 22 Banks Operating In The Egyptian Banking Sector, For Which Financial Statements Were Made Available During The Period Under Analysis, Revealed That all Banks Achieved Positive Growth Rates In Their Corporate Loans From January To June 2024.

Returning To the List, ABK-Egypt Secured The Second Position With A Growth Rate Of 38.32% In Its Corporate Loans During H1-2024, Reaching EGP 41.93 Bn By The End Of June 2024, Compared To EGP 30.32 Bn At The End Of December 2023.

Saib come in Third Place With A Growth Rate Of 36.41% during the first half of the current year, registering the Size Of Its Corporate Loan Portfolio Around EGP 45.82bn By The End Of June 2024, Compared To EGP33.59bn By The End Of December 2023.

NBK-Egypt Ranked Fourth After Its Corporate Loan Portfolio Rose By 28.41% during the first half of the current year, Registering EGP 80.39 Bn By The End Of June 2024, Compared To EGP 62.39 Bn By The End Of December 2023.

CIB Came In Fifth Position With A Growth Rate Of 27% during the first half of the current year, Recording The Size Of Its Corporate Loan Portfolio Of EGP 260.39 Bn By The End Of June 2024, Compared To EGP205.04 Bn By The End Of December 2023.

EGBANK Come In Sixth Place With A Growth Rate Of 23.47% During The First 6M Of This Year, Registering The Size Of Its Corporate Loan Portfolio Around EGP 31.30 By The End Of June 2024, Compared To EGP25.35 Bn By The End Of December 2023, Followed By QNB With A Growth Rate Of 22.31% During The Same Period.

Arab African international Bank-AAIB Ranked Eighth with A Growth Rate Of 22.25% during the first half of the current year, After Registering the Size Of Its Corporate Loan Portfolio At EGP 165.90 Bn By The End Of June 2024, Compared To EGP135.71Bn By The End Of December 2023.

Emirates NBD Egypt Ranked Ninth with A Growth Rate Of 21.58% during the first half of the current year, After Registering The Size Of Its Corporate Loan Portfolio At EGP 55.90 Bn By The End Of June 2024, Compared To EGP45.98Bn By The End Of December 2023.

Attijariwafa bank Came In Tenth Place With A Growth Rate Of 20.82% during the first half of the current year, Recording The Size Of Its Corporate Loan Portfolio About EGP 42.69Bn By The End Of June 2024, Compared To EGP53.33Bn By The End Of December 2023, Followed By AUB, ADCB With Growth Rates Of 20.31%, 18.92% respectively During The Same Period.

It Should Be Noted That All The Values And Growth Rates Mentioned In The Above Analysis According To The Separate Financial Statements Announced To Each Bank By The End Of June 2024.

Fastest growing banks in corporate loans during H1-2024

# Bank Name corporate loans during H1-2024 corporate loans during 2023 growth rate %
1 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
69.138 Billion pounds 49.658 Billion pounds 39.23 %
2 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
41.932 Billion pounds 30.315 Billion pounds 38.32 %
3 SAIB BANK
SAIB BANK
45.818 Billion pounds 33.588 Billion pounds 36.41 %
4 NBK Egypt
NBK Egypt
80.392 Billion pounds 62.605 Billion pounds 28.41 %
5 Commercial International Bank-CIB
Commercial International Bank-CIB
260.388 Billion pounds 205.039 Billion pounds 26.99 %
6 EGBANK
EGBANK
31.295 Billion pounds 25.346 Billion pounds 23.47 %
7 Qatar National Bank-QNB
Qatar National Bank-QNB
262.491 Billion pounds 214.617 Billion pounds 22.31 %
8 arab african international bank
arab african international bank
165.9 Billion pounds 135.71 Billion pounds 22.25 %
9 Emirates NBD Egypt
Emirates NBD Egypt
55.901 Billion pounds 45.979 Billion pounds 21.58 %
10 Attijariwafa Bank Egypt
Attijariwafa Bank Egypt
42.689 Billion pounds 35.334 Billion pounds 20.82 %
11 Al Ahli united bank Egypt
Al Ahli united bank Egypt
76.324 Billion pounds 63.438 Billion pounds 20.31 %
12 Abu Dhabi Commercial Bank Egypt- ADCB
Abu Dhabi Commercial Bank Egypt- ADCB
35.093 Billion pounds 29.51 Billion pounds 19.92 %
13 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
41.82 Billion pounds 35.169 Billion pounds 18.91 %
14 Housing and Development Bank-HDB
Housing and Development Bank-HDB
24.144 Billion pounds 20.569 Billion pounds 17.38 %
15 Arab Banking Corporation- ABC
Arab Banking Corporation- ABC
21.905 Billion pounds 18.8 Billion pounds 16.52 %
16 Credit Agricole Egypt
Credit Agricole Egypt
36.987 Billion pounds 31.84 Billion pounds 16.17 %
17 Arab Investment Bank- aiBANK
Arab Investment Bank- aiBANK
17.582 Billion pounds 15.28 Billion pounds 15.07 %
18 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
53.192 Billion pounds 46.904 Billion pounds 13.41 %
19 Suez Canal Bank
Suez Canal Bank
37.607 Billion pounds 33.401 Billion pounds 12.59 %
20 Banque Du Caire-BDC
Banque Du Caire-BDC
112 Billion pounds 99.525 Billion pounds 12.53 %
21 alBaraka Bank Egypt
alBaraka Bank Egypt
39.39 Billion pounds 36.147 Billion pounds 8.97 %
22 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
13.876 Billion pounds 12.765 Billion pounds 8.7 %