The List Of First Bank For The Fastest Growing Banks In Corporate Deposits During 9M of the current Year, Reve

First Bank,corporate deposits

EBank, ADIB, and EGBANK, fastest growing listed banks in corporate deposits during 9M-2024

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The List Of First Bank For The Fastest Growing listed Banks In Corporate Deposits During 9M of the current Year, Revealed That EBank Topped The List With A Growth Rate Of 52.02%, After Its Total Portfolio Rose To EGP 108.684 Bn At The End Of September 2024, Compared To EGP 71.492 Bn At The End Of December 2023. 

The List, Which Included 11 Banks Listed On The Egyptian Stock Exchange, Disclosed That 9 Banks Of The Banks Under Analysis Achieved Positive Growth Rates In The Total Portfolio Of Corporate Deposits With Them, While 2 Banks Achieved Decline Rates In their Portfolio Of Corporate Deposits During The Period From January To September 2024.  

Returning To The List, ADIB Won The Second Place With A Growth Rate Of 50.25% During 9M of the current Year, To Record EGP 104.285 Bn At The End Of September 2024, Compared To EGP 69.409 Bn At The End Of December 2023.   EGBANK Came In Third Place With A Growth Rate Of 49.29% During 9M of 2024, After The Total Portfolio Of Corporate Deposits With It Rose To EGP 91.719 Bn At The End Of September 2024, Compared To EGP 61.436 Bn At The End Of December 2023.

  SC Bank Won The Fourth Place With A Growth Rate Of 49.23% During 9M of the current Year, After The Size Of The Portfolio Of Corporate Deposits With It Jumped To EGP 88.447 Bn At The End Of September 2024, Compared To EGP 59.270 Bn At The End Of December 2023.

saib Ranked Fifth With A Growth Rate Of 28.81% During 9M of the current Year, After The Total Portfolio Of Corporate Deposits With It Reached EGP 78.490 Bn At The End Of September 2024, Compared To EGP 60.936 Bn At The End Of December 2023. 

It Is Worth Noting That All Values And Growth Rates Mentioned In The Analysis Above Are According To Separate Financial Statements Announced For Each Bank At The End Of September 2024.  

Fastest growing listed banks in corporate deposits during 9M-2024

# Bank Name corporate deposits during 9M-2024 corporate deposits during 2023 growth rate %
1 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
Billion pounds Billion pounds 52.02 %
2 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
Billion pounds Billion pounds 50.25 %
3 EGBANK
EGBANK
Billion pounds Billion pounds 49.29 %
4 Suez Canal Bank
Suez Canal Bank
Billion pounds Billion pounds 49.23 %
5 SAIB BANK
SAIB BANK
Billion pounds Billion pounds 28.81 %
6 Housing and Development Bank-HDB
Housing and Development Bank-HDB
Billion pounds Billion pounds 27.64 %
7 Qatar National Bank-QNB
Qatar National Bank-QNB
Billion pounds Billion pounds 26.91 %
8 Commercial International Bank-CIB
Commercial International Bank-CIB
Billion pounds Billion pounds 26.13 %
9 alBaraka Bank Egypt
alBaraka Bank Egypt
Billion pounds Billion pounds 10.5 %
10 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
Billion pounds Billion pounds -5.97 %
11 Credit Agricole Egypt
Credit Agricole Egypt
Billion pounds Billion pounds -11.78 %