EGBANK, EBank and AAIB, fastest growing banks in corporate deposits during H1- 2024

The List Of First Bank For The Fastest Growing Banks In Corporate Deposits during The first half of this Year Revealed that EGBANK Topped The List With A Growth Rate Of 49.15%, After Its Total Corporate Deposits Rose To EGP 91.63 Bn At The End Of June 2024, Compared To EGP 61.44 Bn At The End Of December 2023.

First Bank List Tracked The Size Of Corporate Deposits In 22 Banks Operating In The Egyptian Banking Sector That Provided Data During The Analysis Period. 18 Banks Achieved Positive Growth Rates In Their Total Institutional Deposits Portfolios, While 4 other Banks Recorded Decreases From January To June 2024.

Returning To the List, EBank Came In second Place With A Growth Rate Of 47.41% During The first half of the current Year, After The Total Portfolio Of Corporate Deposits Rose To EGP 105.39 Bn At The End Of June 2024, Compared To EGP 71.49 Bn At The End Of December 2023.

Arab African International Bank- AAIB Won The Third Place With A Growth Rate Of 41.88% During The first half of this Year, To Record EGP 323.86 Bn At The End Of June 2024, Compared To EGP 228.26 Bn At The End Of December 2023.

SC Bank Ranked Fourth with A Growth Rate Of 38.05% during The first 6 months of the current Year, After The Total Portfolio Of Corporate Deposits Reached EGP 81.82 Bn At The End Of June 2024, Compared To EGP 59.27 Bn At The End Of December 2023, Followed By ADIB Egypt With Growth Rate Of 31.23% during The Same Period.

aiBank Ranked Sixth with A Growth Rate Of 24.97% During The first half of the current Year, Recording The Size Of Its Corporate Deposit Portfolio Of EGP 44.71 Bn By The End Of June 2024, Compared To EGP35.77Bn By The End Of December 2023.

Saib Come In Seventh Place After Its Corporate Deposits Increased By 24.38% During The first half of the current Year, Registering EGP 75.79 Bn By The End Of June 2024, Compared To EGP60.98 Bn By The End Of December 2023.

HD Bank Ranked Eighth with A Growth Rate Of 23.43% During The first half of the current Year, Recording The Size Of Its Corporate Deposit Portfolio Of EGP 68.08Bn By The End Of June 2024, Compared To EGP55.15Bn By The End Of December 2023.

ABK-Egypt Come in Ninth Position, With A Growth Rate Of 22.51% during The first half of the current Year, After Registering Total Corporate Deposits EGP 75.46 Bn By The End Of June 2024, Compared To EGP61.60 Bn By The End Of December 2023.

Ahli United Bank -Egypt Come In Tenth Place After Its Corporate Deposits Rose By 22.42% During the first 6 months of this year, Registering EGP 87.71Bn By The End Of June 2024, Compared To EGP71.65Bn By The End Of December 2023.

It Is Worth Noting That All Values And Growth Rates Mentioned In The Analysis Above Are According To Separate Financial Statements Announced For Each Bank At The End Of June 2024.