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.
Fastest-growing banks in total financial investments during H1- 2024
| # | Bank Name | By The End Of June 2024 | By end of 2023 | growth rate % |
|---|---|---|---|---|
| 1 |
Commercial International Bank-CIB |
372.712 Billion pounds | 270.138 Billion pounds | 37.97 % |
| 2 |
arab african international bank |
213.567 Billion pounds | 168.602 Billion pounds | 26.67 % |
| 3 |
Faisal Islamic Bank of Egypt |
117.158 Billion pounds | 26.962 Billion pounds | 21.71 % |
| 4 |
Attijariwafa Bank Egypt |
25.386 Billion pounds | 21.618 Billion pounds | 17.43 % |
| 5 |
EGBANK |
46.79 Billion pounds | 40.433 Billion pounds | 15.74 % |
| 6 |
Al Ahli united bank Egypt |
24.361 Billion pounds | 21.57 Billion pounds | 12.94 % |
| 7 |
Credit Agricole Egypt |
19.507 Billion pounds | 17.955 Billion pounds | 8.64 % |
| 8 |
Housing and Development Bank-HDB |
49.511 Billion pounds | 45.971 Billion pounds | 7.7 % |
| 9 |
Arab Banking Corporation- ABC |
22.965 Billion pounds | 21.358 Billion pounds | 7.52 % |
| 10 |
NBK Egypt |
35.978 Billion pounds | 34.12 Billion pounds | 5.45 % |
| 11 |
Abu Dhabi Commercial Bank Egypt- ADCB |
33.253 Billion pounds | 31.83 Billion pounds | 4.47 % |
| 12 |
Export Development Bank of Egypt-EBank |
29.3 Billion pounds | 28.27 Billion pounds | 3.66 % |
| 13 |
BANK NXT |
21.393 Billion pounds | 21.191 Billion pounds | 0.95 % |
| 14 |
SAIB BANK |
34.151 Billion pounds | 34.13 Billion pounds | 0.09 % |
| 15 |
Qatar National Bank-QNB  |
249.033 Billion pounds | 249.036 Billion pounds | 0 % |
| 16 |
alBaraka Bank Egypt |
41.903 Billion pounds | 43.129 Billion pounds | -2.84 % |
| 17 |
Suez Canal Bank |
20.643 Billion pounds | 23.05 Billion pounds | -10.47 % |
| 18 |
Abu Dhabi Islamic Bank-ADIB Egypt |
29.421 Billion pounds | 33.63 Billion pounds | -12.52 % |
| 19 |
Banque Du Caire-BDC |
90.869 Billion pounds | 114.25 Billion pounds | -20.47 % |
| 20 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt |
17.143 Billion pounds | 28.159 Billion pounds | -39.12 % |
| 21 |
Bank of Alexandria-Alex Bank |
24.74 Billion pounds | 41.423 Billion pounds | -40.27 % |
| 22 |
Emirates NBD Egypt |
17.758 Billion pounds | 43.278 Billion pounds | -57.97 % |
