National Bank of Egypt Topped First Bank Index For Depositor Confidence By Successfully Increasing Its Custome

Egyptian banking sector,separate financial statements,First Bank index,Customer deposit portfolio

NBE, CIB, and AAIB top banks on First Bank index of depositor confidence during H1-2024

FirstBank

National Bank of Egypt Topped First Bank Index For Depositor Confidence By Successfully Increasing Its Customer Deposit Portfolio By EGP 567 Bn, Reaching Around EGP 4.3 tn By The End Of June 2024, Compared To EGP 3.733 tn By The End Of December 2023.

First Bank Index, Which Analyzed Financial Data Provided By 24 Banks In The Egyptian Banking Sector, Highlighted The Increase In Deposit Portfolios Banks During The first half of this Year.

CIB Secured the Second Position By Increasing Its Customer Deposit Portfolio By EGP 182.43 Bn During The First 6 Months Of The current Year, Totaling EGP 857.74 Bn By The End Of June 2024, Compared To EGP 675.31 Bn By The End Of December 2023.

Arab African International Bank -AAIB Secured the Third Position, Increasing Its Deposit Portfolio By EGP 156.16 Bn During The first half of this Year, Totaling Approximately EGP 549.9 Bn By The End Of June 2024, Compared To EGP 393.74 Bn By The End Of December 2023. 

QNB Come In Fourth Place, Increasing Its Deposit Portfolio By EGP 106.36 Bn During The H1-2024, Reaching Around EGP 636.48 Bn By The End Of June 2024, Compared To EGP 530.12 Bn By The End Of December 2023.

FAB MISR Ranked Fifth After Increasing Its Deposit Portfolio By EGP 78.7 Bn During The first half of 2024, Reaching Around EGP 278.7 Bn By The End Of June 2024, Up From EGP 200 Bn By The End Of December 2023.

ADIB Claimed The Sixth Position By Increasing Its Deposit Portfolio By EGP 36.27 Bn During The first half of 2024, Reaching EGP 163.40 Bn By The End Of June 2024, Up From EGP 127.128 Bn By The End Of December 2023.

Ebank Come In Seventh Place, With Its Deposit Portfolio Rising By EGP 36.05 Bn During H1-2024, Totaling EGP 122.98 Bn By The End Of June 2024, Compared To EGP 86.93 Bn By The End Of December 2023.

EGBANK Claimed the Eighth Position, With Its Customer Deposit Portfolio Increasing By EGP 34.89 Bn During The first half of 2024, Reaching Around EGP 116.04 Bn By The End Of June 2024 Compared To EGP 81.14 Bn By The End Of December 2023.

Faisal Islamic Bank Claimed the ninth Position, With Its Customer Deposit Portfolio Increasing By EGP 34.664 Bn During The first half of 2024, Reaching Around EGP 165.123 Bn By The End Of June 2024 Compared To EGP 130.459  Bn By The End Of December 2023.

It's Worth Noting That All Absolute Values and Growth Figures Mentioned In The Analysis Are Based On Separate Financial Statements Announced By Each Bank At The End Of The Financial Period Ending In June 2024.

Top banks on First Bank Index for Depositor Confidence during H1-2024