First Bank List Of The Fastest-Growing Banks In Personal Loans During The first half of the current Year Revea

First Bank list,Personal loans,fastest-growing banks

AL Baraka Bank, EGBANK, and EBank, Fastest-growing banks in personal loans during H1-2024

FirstBank

First Bank List Of The Fastest-Growing Banks In Personal Loans During The first half of the current Year Revealed That AL Baraka Bank Topped The List With A Growth Rate Of 38.50%. The Bank's Personal Loan Portfolio Reached Approximately EGP 10.17 Bn By The End Of June 2024, Compared To EGP 7.34 Bn By The End Of December 2023.

First Bank List Included 20 Banks Operating In The Egyptian Banking Sector, For Which Financial Data Were Available For Analysis. It Revealed That all Banks Achieved Positive Growth Rates In Their Personal Loan Portfolios During The Period From January To June 2024.

Returning To the List, EGBANK Came In Second Place With A Growth Rate Of 28.37% During The first half of the current Year, After Its Total Portfolio Rose To EGP 9.88 bn At The End Of March 2024, Compared To EGP 7.70bn At The End Of December 2023. 

Egyptian Export Development Bank -EBank Ranked Third With A Growth Rate Of 28.28% During The first half of the current Year, After Its Total Personal Loan Portfolio Jumped To EGP 8.12 Bn At The End Of June 2024, Compared To EGP 6.33 Bn At The End Of December 2023. 

saib Secured the Fourth Position After Achieving A Total Personal Loan Portfolio Growth Rate Of 26.59% During The first half of the current Year, Reaching EGP 13 Bn By The End Of June 2024, Compared To EGP10.27Bn By The End Of December 2023.

Ahli United Bank Came In Fifth Place With A Growth Rate Of 14.21% During The first quarter of the current Year, After Its Total Portfolio Rose To EGP 3.38bn At The End Of March 2024, Compared To EGP 2.96 Bn At The End Of December 2023.

Suez Canal Bank Ranked Fifth with A Growth Rate Of 20.55% During the first half of 2024, After Its Total Personal Loan Portfolio Rose To EGP 4.33 Bn At The End Of June 2024, Compared To EGP 3.59 Bn At The End Of 2023 Followed By Ahli United Bank- Egypt With A Growth Rate Of 19.62% during The Same Period.

ADIB Egypt Ranked Seventh Place After Its Personal Loan Portfolio Grew By 18.90% During The first 6 months of this Year, Reaching EGP 20.18 bn by The End of June 2024, Compared To EGP16.97Bn By The End Of December 2023.

aiBank Secured the Eighth Position After Achieving A Total Personal Loans with a Growth Rate Of 16.54% During The first half of the current Year, Reaching EGP 7.16 Bn By The End Of June 2024, Compared To EGP6.14Bn By The End Of December 2023.

CIB Secured the Ninth Position With A Growth Rate Of 16.19% From January To June Of The current Year. Its Total Personal Loan Portfolio Rose To EGP49.39Bn By The End Of June 2024, Compared To EGP 42.51 Bn By The End Of December 2023.

ADCB Egypt Ranked Tenth Place After Its Personal Loan Portfolio Grew By 13.77% During The first half of the current Year, Reaching EGP 8.87 bn by The End of June 2024, Compared To EGP7.80Bn By The End Of December 2023 Followed By QNB, ABK-Egypt With Growth Rates Of 13.14%,12.55% during The Same Period.

It's Worth Noting That All the Values And Growth Rates Mentioned In The Analysis Above Are Based On Separate Financial Statements Announced On The Official Website Of Each Bank As Of June 2024.

Fastest growing banks in personal loans during H1-2024

# Bank Name personal loans during H1-2024 personal loans during 2023 growth rate %
1 alBaraka Bank Egypt
alBaraka Bank Egypt
10.169 Billion pounds 7.342 Billion pounds 38.5 %
2 EGBANK
EGBANK
9.882 Billion pounds 7.698 Billion pounds 28.37 %
3 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
8.123 Billion pounds 6.332 Billion pounds 28.28 %
4 SAIB BANK
SAIB BANK
12.998 Billion pounds 10.268 Billion pounds 26.59 %
5 Suez Canal Bank
Suez Canal Bank
4.33 Billion pounds 3.592 Billion pounds 20.55 %
6 Al Ahli united bank Egypt
Al Ahli united bank Egypt
3.543 Billion pounds 2.962 Billion pounds 19.62 %
7 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
20.178 Billion pounds 16.971 Billion pounds 18.9 %
8 Arab Investment Bank- aiBANK
Arab Investment Bank- aiBANK
7.158 Billion pounds 6.142 Billion pounds 16.54 %
9 Commercial International Bank-CIB
Commercial International Bank-CIB
49.389 Billion pounds 42.508 Billion pounds 16.19 %
10 Abu Dhabi Commercial Bank Egypt- ADCB
Abu Dhabi Commercial Bank Egypt- ADCB
8.868 Billion pounds 7.795 Billion pounds 13.77 %
11 Qatar National Bank-QNB
Qatar National Bank-QNB
46.446 Billion pounds 41.053 Billion pounds 13.14 %
12 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
18.131 Billion pounds 16.109 Billion pounds 12.55 %
13 NBK Egypt
NBK Egypt
12.838 Billion pounds 11.464 Billion pounds 11.99 %
14 Housing and Development Bank-HDB
Housing and Development Bank-HDB
12.474 Billion pounds 11.168 Billion pounds 11.69 %
15 Credit Agricole Egypt
Credit Agricole Egypt
9.414 Billion pounds 8.474 Billion pounds 11.09 %
16 Emirates NBD Egypt
Emirates NBD Egypt
13.065 Billion pounds 11.805 Billion pounds 10.67 %
17 Banque Du Caire-BDC
Banque Du Caire-BDC
70.508 Billion pounds 64.842 Billion pounds 8.74 %
18 Arab Banking Corporation- ABC
Arab Banking Corporation- ABC
3.499 Billion pounds 3.245 Billion pounds 7.83 %
19 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
28.981 Billion pounds 27.946 Billion pounds 3.7 %
20 arab african international bank
arab african international bank
8.306 Billion pounds 8.154 Billion pounds 1.86 %