saib, Al Baraka Bank, and ADIB, Fastest-growing listed banks in retail deposits in 9M-2024
According To First Bank List Of Listed Banks, The List Reveals That saib Topped The Chart With A Growth Rate Of 56.81% during last year, Increasing Their Total Portfolio To EGP 38.196 Bn By The End Of September 2024, Compared To EGP 24.358 Bn At The End Of December 2023.
The List, Including 11 Banks Listed On The Egyptian Stock Exchange, Indicates Positive Growth Rates In The Total Portfolios Of Retail Deposits For All Banks From January To September 2024.
Al Baraka Bank Secured The Second Position With A Growth Rate Of 40.81% During 9M-2024, As Its Total Portfolio Of Retail Deposits Reached EGP 58.646 Bn By The End Of September 2024, Compared To EGP 41.671 Bn At The End Of December 2023.
ADIB Claimed The Third Position With A Growth Rate Of 38.48% During 9M-2024, As Its Total Portfolio Of Retail Deposits Rose To EGP 79.932 Bn By The End Of September 2024, Compared To EGP 57.719 Bn At The End Of December 2023.
CIB Secured The Fourth Position With A Growth Rate Of 38.29% during 9M-2024, As Its Total Portfolio Of Retail Deposits Reached EGP 510.802 Bn By The End Of September 2024, Compared To EGP 369.374 Bn At The End Of December 2023.
SC Bank, Came In Fifth With A Growth Rate Of 31.47% during 9M-2024, Reaching EGP 18.901 Bn By The End Of September 2024, Compared To EGP 14.377 Bn.
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 retail deposits in 9M-2024
| # | Bank nema | Value At 9M-2024 | Value At 2023 | Growth rate % |
|---|---|---|---|---|
| 1 |
SAIB BANK |
38.196 Billion pounds | 24.358 Billion pounds | 56.81 % |
| 2 |
alBaraka Bank Egypt |
58.646 Billion pounds | 41.671 Billion pounds | 40.81 % |
| 3 |
Abu Dhabi Islamic Bank-ADIB Egypt |
79.932 Billion pounds | 57.719 Billion pounds | 38.48 % |
| 4 |
Commercial International Bank-CIB |
510.802 Billion pounds | 369.374 Billion pounds | 38.29 % |
| 5 |
Suez Canal Bank |
18.901 Billion pounds | 14.377 Billion pounds | 31.47 % |
| 6 |
Faisal Islamic Bank of Egypt |
164.416 Billion pounds | 125.565 Billion pounds | 30.94 % |
| 7 |
Qatar National Bank-QNB  |
226.362 Billion pounds | 173.378 Billion pounds | 30.56 % |
| 8 |
Credit Agricole Egypt |
31.43 Billion pounds | 30.59 Billion pounds | 27.82 % |
| 9 |
EGBANK |
25.025 Billion pounds | 19.706 Billion pounds | 27 % |
| 10 |
Housing and Development Bank-HDB |
55.868 Billion pounds | 46.12 Billion pounds | 21.21 % |
| 11 |
Export Development Bank of Egypt-EBank |
18.167 Billion pounds | 15.441 Billion pounds | 17.65 % |
