First Bank Credit Competitiveness Index For Egyptian Banks During The first 9M of this Year Revealed CIB Secur

FirstBank فرست بنك البنك الأول فيرست بنك

CIB, QNB and AAIB Top banks on First Bank credit competitiveness index during 9M-2024

FirstBank

First Bank Credit Competitiveness Index For Egyptian Banks During The first 9M of this Year Revealed CIB Securing The First Position On The Index. The Bank's Total Loans and Facilities For Its Customers Increased To EGP 84.705 bn By The End Of September 2024, Compared To EGP349.808 bn By The End Of December 2023.

First Bank Index Measures Banks' Ability To Offer Credit Or Loan Products To Attract Customers, Both Individuals And Companies. It Is Based On The Absolute Value Of Growth In The Loan Portfolio, Reflecting The Bank's Success In Increasing Its Loan Portfolio.

QNB Secured the Second Position, With Its Total Loan And Facility Portfolio increasing by EGP 65.924 Bn, reaching EGB 329.45 bn By The End Of September 2024, Compared To EGP 334.501 Bn By The End Of December 2023.

AAIB Secured The Third Position With An Increase Of EGP 43.077 Bn In Its Total Loan Portfolio During The first 9M of this Year, Reaching Around EGP 197.454 Bn By The End Of September 2024, Compared To 154.377 Bn By The End Of December 2023.

FABMISR Ranked Fourth With A Growth Value Of EGP 38.9 Bn During The first 9M of this Year, Recording EGP 125.6 Bn By The End Of September 2024, Compared To 202.701 Bn By The End Of December 2023.

Banque du Caire Secured The Fifth Position With An Increase Of EGP 28.793 Bn In Its Total Loan Portfolio During The first 9M of this Year, Reaching Around EGP202.701 Bn By The End Of September 2024, Compared To EGP 173.908 Bn By The End Of December 2023.

ADIB - Egypt Came Sixth, With An Increase Of EGP 27.285 Bn In Its Total Portfolio During The first 9M of this Year, Reaching EGP 95.694 Bn By The End Of September 2024, Compared To EGP68.408 Bn By The End Of December 2023.

NBK Ranked Seventh Position With An Increase Value EGP 22.084 Bn In Its Total Loan Portfolio During the first 9M of this Year, Reaching Around EGP 98.140 Bn By The End Of September 2024, Compared To EGP76.055 Bn By The End Of December 2023.

ABK-EGYPT Ranked Eighth With A Growth Value Of EGP 20.774 Bn In Its Total Customer Loan Portfolio During The first 9M of this Year, Rising To EGP 67.778 Bn By The End Of September 2024, Compared To EGP 47.003 Bn By The End Of December 2023.

Emirates NBD Ranked Ninth With A Growth Value Of EGP 13.76 Bn In Its Total Loan Portfolio During The first 9M of the current Year, Reaching Around EGP 79.490 Bn By The End Of September 2024, Compared To EGP 60.066 Bn By The End Of December 2023.

saib Ranked tenth With A Growth Value Of EGP 19.281 Bn In Its Total Loan Portfolio During The first 9M of the current Year, Reaching Around EGP 65.529 Bn By The End Of September 2024, Compared To EGP 46.248 Bn By The End Of December 2023.

It Is Worth Mentioning That All The Absolute Values And Growth Figures Mentioned Above Are Based On The Separate Financial Statements Announced By Each Bank At The End Of The Financial Period Ending In September 2024.

Top banks on First Bank credit competitiveness index during 9M-2024

# Bank Name Total Customer Loans by The End Of September 2024 Total Customer Loans by The End Of December 2023 Increase value
1 Commercial International Bank-CIB
Commercial International Bank-CIB
349.808 Billion pounds 265.103 Billion pounds 84.705 Billion pounds
2 Qatar National Bank-QNB
Qatar National Bank-QNB
334.501 Billion pounds 268.576 Billion pounds 65.924 Billion pounds
3 arab african international bank
arab african international bank
197.454 Billion pounds 154.377 Billion pounds 43.077 Billion pounds
4 First Abu Dhabi Bank Egypt-FAB
First Abu Dhabi Bank Egypt-FAB
125.6 Billion pounds 86.7 Billion pounds 38.9 Billion pounds
5 Banque Du Caire-BDC
Banque Du Caire-BDC
202.701 Billion pounds 173.908 Billion pounds 28.793 Billion pounds
6 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
95.694 Billion pounds 68.408 Billion pounds 27.285 Billion pounds
7 NBK Egypt
NBK Egypt
98.14 Billion pounds 76.055 Billion pounds 22.084 Billion pounds
8 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
67.778 Billion pounds 47.003 Billion pounds 20.774 Billion pounds
9 Emirates NBD Egypt
Emirates NBD Egypt
79.49 Billion pounds 60.066 Billion pounds 19.424 Billion pounds
10 SAIB BANK
SAIB BANK
65.529 Billion pounds 46.248 Billion pounds 19.281 Billion pounds
11 Suez Canal Bank
Suez Canal Bank
55.547 Billion pounds 37.114 Billion pounds 18.433 Billion pounds
12 Al Ahli united bank Egypt
Al Ahli united bank Egypt
84.04 Billion pounds 67.15 Billion pounds 16.889 Billion pounds
13 Attijariwafa Bank Egypt
Attijariwafa Bank Egypt
58.635 Billion pounds 44.019 Billion pounds 14.615 Billion pounds
14 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
67.331 Billion pounds 54.617 Billion pounds 12.714 Billion pounds
15 EGBANK
EGBANK
44.804 Billion pounds 33.712 Billion pounds 11.091 Billion pounds
16 alBaraka Bank Egypt
alBaraka Bank Egypt
54.509 Billion pounds 43.727 Billion pounds 10.782 Billion pounds
17 Credit Agricole Egypt
Credit Agricole Egypt
51.88 Billion pounds 42.705 Billion pounds 9.175 Billion pounds
18 Arab Banking Corporation- ABC
Arab Banking Corporation- ABC
32.1 Billion pounds 23.6 Billion pounds 8.5 Billion pounds
19 Housing and Development Bank-HDB
Housing and Development Bank-HDB
53.712 Billion pounds 45.485 Billion pounds 8.226 Billion pounds
20 Abu Dhabi Commercial Bank Egypt- ADCB
Abu Dhabi Commercial Bank Egypt- ADCB
45.585 Billion pounds 37.79 Billion pounds 7.794 Billion pounds
21 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
70.712 Billion pounds 63.933 Billion pounds 6.779 Billion pounds
22 BANK NXT
BANK NXT
26.738 Billion pounds 22.796 Billion pounds 3.941 Billion pounds
23 The United Bank
The United Bank
30 Billion pounds 26.815 Billion pounds 3.185 Billion pounds
24 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
18.873 Billion pounds 16.05 Billion pounds 2.823 Billion pounds
25 Agricultural Bank of Egypt
Agricultural Bank of Egypt
80.3 Billion pounds 78.826 Billion pounds 1.474 Billion pounds