SC Bank, saib, and ADIB Egypt, Fastest-growing listed banks in total customer loans during 9M- 2024
First Bank
According To First Bank List Of Listed Banks With The Highest Growth In Total Customer Loans During the first 9M of the current year, SC Bank, Tops The List With A Growth Rate Of 49.67%, Reaching EGP 55.548 Bn By The End Of September 2024, Compared To EGP 37.114 Bn At The End Of December 2023.
The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Revealed Positive Growth Rates In The Customer Loans Portfolios Of All Banks During The Period From January To September 2024.
saib Secures The Second Position With A Growth Rate Of 41.69% During The first 9M of the current year, Reaching A Total Customer Loan Portfolio Of EGP 65.529 Bn By The End Of September 2024, Compared To EGP 46.248 Bn At The End Of December 2023.
ADIB, Claims The Third Position With A Growth Rate Of 39.89% During 9M of the current year, Recording A Total Customer Loans Portfolio Of EGP 95.694 Bn By The End Of September 2024, Compared To EGP 68.409 Bn At The End Of December 2023.
EGBANK Ranks Fourth With A Growth Rate Of 32.90 % During 9M of the current year, Recording A Total Customer Loans Portfolio Of EGP 44.805 Bn By The End Of September 2024, Compared To EGP 33.713 Bn At The End Of December 2023.
CIB Takes The Fifth Position With A Growth Rate Of 31.95% During the first 9M of the current year, Totaling EGP 349.809 Bn In Customer Loans Portfolio By The End Of September 2024, Compared To EGP 265.104 Bn At The End Of December 2023. It’s Worth Noting That All Values And Growth Rates Mentioned Are Based On Separate Financial Statements Declared By Each Bank At The End Of September 2024
Fastest growing listed banks in customer loans during 9M-2024
| # | Bank Name | customer loans during 9M-2024 | customer loans during 2023 | growth rate % |
|---|---|---|---|---|
| 1 |
Suez Canal Bank |
55.54 Billion pounds | 37.11 Billion pounds | 49.67 % |
| 2 |
SAIB BANK |
65.29 Billion pounds | 46.24 Billion pounds | 41.9 % |
| 3 |
Abu Dhabi Islamic Bank-ADIB Egypt |
95.694 Billion pounds | 68.409 Billion pounds | 39.89 % |
| 4 |
EGBANK |
44.805 Billion pounds | 33.713 Billion pounds | 32.9 % |
| 5 |
Commercial International Bank-CIB |
349.809 Billion pounds | 265.104 Billion pounds | 31.95 % |
| 6 |
alBaraka Bank Egypt |
54.51 Billion pounds | 43.727 Billion pounds | 24.66 % |
| 7 |
Qatar National Bank-QNB  |
334.5 Billion pounds | 268.577 Billion pounds | 24.55 % |
| 8 |
Export Development Bank of Egypt-EBank |
67.33 Billion pounds | 54.617 Billion pounds | 23.28 % |
| 9 |
Credit Agricole Egypt |
51.88 Billion pounds | 42.706 Billion pounds | 21.48 % |
| 10 |
Housing and Development Bank-HDB |
53.71 Billion pounds | 45.485 Billion pounds | 18.09 % |
| 11 |
Faisal Islamic Bank of Egypt |
18.87 Billion pounds | 16.05 Billion pounds | 17.6 % |
