AL Baraka Bank, EGBANK, and AAIB Top fastest growing banks in retail loans during 9M-2024

First Bank List of The Fastest Growing Banks In Retail Loans During The First 9M Of This Year Revealed That Al Baraka Bank Was Leading The List, After Its Portfolio Size Jumped By 56.69%, To Register EGP 11.877 Bn By The End Of September 2024, Compared To EGP 7.580 Bn By The End Of December 2023.

The List That Includes 22 Banks Operating in The Egyptian Banking Sector, For Which Financial Statements Were Made Available During the Period Under Analysis, revealed all Banks Under Analysis Achieved Positive Growth Rates In Their Retail Loan Portfolios, From January To September 2024.

Returning To the List, EGBANK Come In Second Position With A Growth Rate Of 55.98% During the first 9M of the current year, After Its Retail Loan Portfolio Increased to EGP 13.049 Bn By The End Of September 2024, compared To EGP8.366Bn By The End Of December 2023.

AAIB Ranked Third With A Growth Rate Of 51.10% During the first 9M of the current year, Registering The Size Of Its Retail Loan Portfolio EGP 28.205 bn By The End Of June 2024, Compared To EGP18.667 Bn By The End Of December 2023.

saib Was Able To Gain Fourth Place With A Growth Rate Of 40.95% During the first 9M of the current year, After The Size Of Its Retail Loan Portfolio Reached EGP17.843 Bn By The End Of September 2024, Compared ToEGP 12.659 Bn By The End Of December 2023.

Suez Canal Bank Won Fifth Place On The List After Its Retail Loan Portfolio rose By 36.56% During the first 9M of the current year, Registering About EGP 5.071 Bn By The End Of September 2024, Compared To EGP 3.713 Bn By The End Of December 2023.

ADIB Came In Sixth Place With A Growth Rate Of 35.14% During the first 9M of the current year, After Its Retail Loan Portfolio Increased From EGP 18.222 Bn By The End Of December 2023, To EGP 24.625 Bn By The End Of June 2024.

EBank Come In Seventh Position With A Growth Rate Of 33.95% During the first 9M of the current year, After Its Retail Loan Portfolio Increased to EGP 10.332 Bn By The End Of September 2024, compared to EGP 7.713 Bn By The End Of December 2023.

Ahli United Bank Come In Eighth Position With A Growth Rate Of 25.53% During the first 9M of the current year, After Its Retail Loan Portfolio Increased to EGP 4.661 Bn By The End Of September 2024, compared to EGP3.713 Bn By The End Of December 2023.

ADCB Egypt Came In Ninth Place With A Growth Rate Of 25.47% During The First 9M Of The Current Year, After Its Retail Loan Portfolio rose to EGP 10.389 bn By The End Of September 2024, Compared To EGP 8.280 Bn At The End Of December 2023

ABK-EGYPT Came In Tenth Place With A Growth Rate Of 25.07% During The First 9M Of The Current Year, After Its Retail Loan Portfolio rose to EGP9.47bn By The End Of June 2024, Compared To EGP16.688 Bn At The End Of December 2023.

It Should Be Noted That All the Values And Growth Rates Mentioned In The Above Analysis According To The Separate Financial Statements Announced To Each Bank By The End Of September 2024.