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

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.