irst Bank List Reveals That EGBANK Leads The Fastest-Growing Banks in Total Assets With A Growth Rate of 48.32

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EGBANK, ADIB, and, EBank Fastest-growing listed banks in Assets during 9M-2024

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First Bank List Reveals That EGBANK Leads The Fastest-Growing Banks in Total Assets With A Growth Rate of 48.32% During H1 of the current Year, Reaching EGP 145.082 Bn By The End Of September 2024, Compared To EGP 97.818 Bn By The End Of 2023. 

Analysis Covers 11 Banks Listed On The Egyptian Stock Exchange, All Showing Positive Growth Rates In Their Financial Positions From January To September 2024.

ADIB, takes The Second Position With A 47.94% Growth Rate During 9M of the current Year, Reaching A Total Asset Portfolio Of EGP 237.655 Bn By The End Of September 2024, Compared To EGP 160.647Bn By The End Of 2023.

EBank, Secured The Third Position With A Growth Rate Of 46.12% During 9M of the current Year, Recording Total Assets Of EGP 170.606 Bn By The End Of September 2024, Compared To EGP 116.755 Bn By The End Of 2023.

SC Bank Claims The Fourth Position With A Growth Rate Of  43.32% During 9M of the current Year, Reaching EGP 531.147 Bn In Total Assets By The End Of September 2024, Compared To EGP 102.939 Bn By The End Of 2023.

As For The Fifth Position, saib Achieves A Growth Rate Of 38% During 9M of the current Year, With Total Assets Reaching EGP 148.766 Bn By The End Of September 2024, Compared To EGP 107.810 Bn By The End Of 2023.

All Values And Growth Rates Mentioned Are Based On Separate Declared Financial Statements Of Each Bank By The End Of September 2024

Fastest growing listed banks in Assets during 9M-2024

# Bank Name Assets during 9M-2024 Assets during 2023 growth rate %
1 EGBANK
EGBANK
145.082 Billion pounds 97.818 Billion pounds 48.32 %
2 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
237.655 Billion pounds 160.647 Billion pounds 47.94 %
3 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
170.606 Billion pounds 116.755 Billion pounds 46.12 %
4 Suez Canal Bank
Suez Canal Bank
147.531 Billion pounds 102.939 Billion pounds 43.32 %
5 SAIB BANK
SAIB BANK
148.766 Billion pounds 107.81 Billion pounds 38 %
6 Commercial International Bank-CIB
Commercial International Bank-CIB
1.115 trillion pounds 832.527 Billion pounds 33.89 %
7 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
225.761 Billion pounds 176.962 Billion pounds 27.58 %
8 Qatar National Bank-QNB
Qatar National Bank-QNB
785.106 Billion pounds 620.531 Billion pounds 26.52 %
9 alBaraka Bank Egypt
alBaraka Bank Egypt
125.696 Billion pounds 100.447 Billion pounds 25.14 %
10 Housing and Development Bank-HDB
Housing and Development Bank-HDB
156.3 Billion pounds 125.102 Billion pounds 24.94 %
11 Credit Agricole Egypt
Credit Agricole Egypt
115.307 Billion pounds 105.995 Billion pounds 8.79 %