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

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.