CIB, AAIB, and Faisal Bank, Fastest-growing banks in total financial investments during H1- 2024
First Bank
According To First Bank List Of The Fastest-Growing Banks In Financial Investments, commercial International Bank-CIB Topped The List With A Growth Rate Of 37.97%, Increasing Its Total Portfolio To EGP 372.71 Bn By The End Of June 2024, Compared To EGP270.14Bn By The End Of December 2023.
AAIB Ranked Second With A Growth Rate Of 26.67% During The first half of the current Year, Reaching A Total Financial Investment About EGP 213.57Bn By June -2024end, Compared To EGP 168.60 Bn By end of 2023.
Faisal Bank Came In Third Place With A Growth Rate Of 21.71%, Recording EGP117.16Bn By June- 2024 End, Compared To EGP 96.26 Bn By December 2023.
Attijariwafa bank Came In Fourth Place With A Growth Rate Of 17.43%, During The first half of the current Year Increasing Its Total Financial Investments To EGP 25.39 Bn By June- 2024end, Compared To EGP21.62 Bn By December 2023.
EGBANK Ranked Fifth With A Growth Rate Of 15.74%, Increasing Its Total Financial Investments To EGP 46.80 Bn By end of June 2024, Compared To EGP 40.43 Bn By December- 2023end.
Ahli United Bank Ranked Sixth with A Growth Rate Of 12.94% During The first half of this Year, Reaching A Total Financial Investment About EGP 24.36 bn By June- 2024end, Compared To EGP 21.57 Bn By December 2023, Followed By credit Agricole Bank With A Growth Rate Of 8.64%.
HD Bank Secured The Eighth Position With A Growth Rate Of 7.70%, Reaching A Total Financial Investment Of EGP 49.51 Bn By June- 2024end, Up From EGP 45.97 Bn By December 2023end.
ABC-Egypt Secured The Ninth Position With A Growth Rate Of 7.52%, Reaching EGP22.97Bn By June 2024end, Compared To EGP 21.36 Bn By December 2023.
NBK - Egypt Came In Tenth Place With A Growth Rate Of 5.45%, Recording EGP35.98Bn By June- 2024 End, Compared To EGP 34.12 Bn By December 2023 Followed By ADCB With A Growth Rate Of 4.47%.
It Is Worth Mentioning That All The Mentioned Values And Growth Rates Are Based On Separate Financial Statements Announced By Each Bank At The End Of June 2024.
