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