NBE, CIB, and AAIB top banks on First Bank index of depositor confidence during H1-2024
First Bank
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
| # | Bank Name | customer deposits during H1-2024 | customer deposits during 2023 | Increase value |
|---|---|---|---|---|
| 1 |
National Bank of Egypt-NBE |
4.3 terillion pounds | 3.733 trillion pounds | 567 Billion pounds |
| 2 |
Commercial International Bank-CIB |
857.741 Billion pounds | 675.31 Billion pounds | 182.43 Billion pounds |
| 3 |
arab african international bank |
549.9 Billion pounds | 393.74 Billion pounds | 156.16 Billion pounds |
| 4 |
Qatar National Bank-QNB  |
636.48 Billion pounds | 530.19 Billion pounds | 106.36 Billion pounds |
| 5 |
First Abu Dhabi Bank Egypt-FAB |
278.7 Billion pounds | 200 Billion pounds | 78.7 Billion pounds |
| 6 |
Abu Dhabi Islamic Bank-ADIB Egypt |
163.402 Billion pounds | 127.128 Billion pounds | 36.274 Billion pounds |
| 7 |
Export Development Bank of Egypt-EBank |
122.98 Billion pounds | 86.933 Billion pounds | 34.89 Billion pounds |
| 8 |
EGBANK |
116.03 Billion pounds | 81.14 Billion pounds | 34.66 Billion pounds |
| 9 |
Faisal Islamic Bank of Egypt |
165.12 Billion pounds | 130.45 Billion pounds | 25.43 Billion pounds |
| 10 |
Suez Canal Bank |
99.08 Billion pounds | 73.64 Billion pounds | 25.3 Billion pounds |
| 11 |
SAIB BANK |
110.6 Billion pounds | 85.294 Billion pounds | 21.05 Billion pounds |
| 12 |
alBaraka Bank Egypt |
106.06 Billion pounds | 85.007 Billion pounds | 20.74 Billion pounds |
| 13 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt |
103.8 Billion pounds | 83.06 Billion pounds | 20.42 Billion pounds |
| 14 |
Housing and Development Bank-HDB |
121.7 Billion pounds | 101.27 Billion pounds | 20.74 Billion pounds |
| 15 |
Al Ahli united bank Egypt |
110.31 Billion pounds | 90.05 Billion pounds | 20.42 Billion pounds |
| 16 |
Bank of Alexandria-Alex Bank |
148.58 Billion pounds | 133.34 Billion pounds | 20.25 Billion pounds |
| 17 |
BANK NXT |
64.22 Billion pounds | 50.9 Billion pounds | 15.24 Billion pounds |
| 18 |
Banque Du Caire-BDC |
315.15 Billion pounds | 302.066 Billion pounds | 13.32 Billion pounds |
| 19 |
Attijariwafa Bank Egypt |
88.39 Billion pounds | 76.37 Billion pounds | 13.08 Billion pounds |
| 20 |
Abu Dhabi Commercial Bank Egypt- ADCB |
98.91 Billion pounds | 86.635 Billion pounds | 12.55 Billion pounds |
| 21 |
Emirates NBD Egypt |
110.74 Billion pounds | 102.65 Billion pounds | 12.28 Billion pounds |
| 22 |
Arab Banking Corporation- ABC |
64.82 Billion pounds | 57.77 Billion pounds | 8.08 Billion pounds |
| 23 |
Agricultural Bank of Egypt |
184.84 Billion pounds | 184.25 Billion pounds | 0.588 Billion pounds |
| 24 |
Credit Agricole Egypt |
84.255 Billion pounds | 84.17 Billion pounds | 0.08 Billion pounds |
