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