First Bank List Of The Fastest-Growing Banks In Personal Loans During The first 9M of the current Year Reveale

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AL Baraka Bank, EGBANK, and saib, Fastest-growing banks in personal loans during 9M-2024

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First Bank List Of The Fastest-Growing Banks In Personal Loans During The first 9M of the current Year Revealed That AL Baraka Bank Topped The List With A Growth Rate Of 57.72%.

The Bank's Personal Loan Portfolio Reached Approximately EGP 11.579 Bn By The End Of September 2024, Compared To EGP 7.342 Bn By The End Of December 2023.

First Bank List Included 20 Banks Operating In The Egyptian Banking Sector, For Which Financial Data Were Available For Analysis.

It Revealed That all Banks Achieved Positive Growth Rates In Their Personal Loan Portfolios During The Period From January To September2024.

Returning To the List, EGBANK Came In Second Place With A Growth Rate Of 51.17% During The first 9M of the current Year, After Its Total Portfolio Rose To EGP 11.636 bn At The End Of September 2024, Compared To EGP 7.697bn At The End Of December 2023. 

saib Ranked Third With A Growth Rate Of 46.80% During The first 9M of the current Year, After Its Total Personal Loan Portfolio Jumped To EGP 15.072 Bn At The End Of September2024, Compared To EGP 10.267 Bn At The End Of December 2023. 

EBank Secured the Fourth Position After Achieving A Total Personal Loan Portfolio Growth Rate Of 38.73% During The first 9M of the current Year, Reaching EGP 8.784 Bn By The End Of September 2024, Compared To EGP 6.332Bn By The End Of December 2023.

SC Bank Came In Fifth Place With A Growth Rate Of 36.80% During The first 9M of the current Year, After Its Total Portfolio Rose To EGP 4.914bn At The End Of September 2024, Compared To EGP 3.592 Bn At The End Of December 2023.

ADIB Ranked Fifth with A Growth Rate Of 35.50% During the first 9M of 2024, After Its Total Personal Loan Portfolio Rose To EGP 22.889 Bn At The End Of September 2024, Compared To EGP 16.892 Bn At The End Of 2023.

Ahli United Bank Ranked Seventh Place After Its Personal Loan Portfolio Grew By 18.90% During The first 6 months of this Year, Reaching EGP 20.18 bn by The End of September2024, Compared To EGP16.97Bn By The End Of December 2023.

ADCB Secured the Eighth Position After Achieving A Total Personal Loans with a Growth Rate Of 34.73% During The first 9M of the current Year, Reaching EGP 3.990 Bn By The End Of September 2024, Compared To EGP 2.961Bn By The End Of December 2023.

CIB Secured the Ninth Position With A Growth Rate Of 24.39% From January To September Of The current Year.

Its Total Personal Loan Portfolio Rose To EGP 52.878Bn By The End Of September 2024, Compared To EGP 42.508 Bn By The End Of December 2023.

ABK – Egypt Ranked Tenth Place After Its Personal Loan Portfolio Grew By 24.24% During The first 9M of the current Year, Reaching EGP 20.014 bn by The End of September 2024, Compared To EGP 16.109 Bn By The End Of December 2023.  

It's Worth Noting That All the Values And Growth Rates Mentioned In The Analysis Above Are Based On Separate Financial Statements Announced On The Official Website Of Each Bank As Of September 2024.

Fastest-growing banks in personal loans during 9M-2024

# Bank Name Personal Loans By The End Of September 2024 Personal Loans By The End Of December 2023 growth rate %
1 alBaraka Bank Egypt
alBaraka Bank Egypt
11.579 Billion pounds 7.342 Billion pounds 57.72 %
2 EGBANK
EGBANK
11.636 Billion pounds 7.697 Billion pounds 51.17 %
3 SAIB BANK
SAIB BANK
15.072 Billion pounds 10.267 Billion pounds 46.8 %
4 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
8.784 Billion pounds 6.332 Billion pounds 38.73 %
5 Suez Canal Bank
Suez Canal Bank
4.914 Billion pounds 3.592 Billion pounds 36.8 %
6 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
22.889 Billion pounds 16.892 Billion pounds 35.5 %
7 Al Ahli united bank Egypt
Al Ahli united bank Egypt
3.99 Billion pounds 2.961 Billion pounds 34.73 %
8 Abu Dhabi Commercial Bank Egypt- ADCB
Abu Dhabi Commercial Bank Egypt- ADCB
9.712 Billion pounds 7.794 Billion pounds 24.6 %
9 Commercial International Bank-CIB
Commercial International Bank-CIB
52.878 Billion pounds 42.508 Billion pounds 24.39 %
10 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
20.014 Billion pounds 16.109 Billion pounds 24.24 %
11 Credit Agricole Egypt
Credit Agricole Egypt
10.431 Billion pounds 8.474 Billion pounds 23.1 %
12 NBK Egypt
NBK Egypt
13.993 Billion pounds 11.463 Billion pounds 22.07 %
13 BANK NXT
BANK NXT
7.435 Billion pounds 6.142 Billion pounds 21.06 %
14 Qatar National Bank-QNB
Qatar National Bank-QNB
49.126 Billion pounds 41.053 Billion pounds 19.66 %
15 Emirates NBD Egypt
Emirates NBD Egypt
14.028 Billion pounds 11.805 Billion pounds 18.83 %
16 Housing and Development Bank-HDB
Housing and Development Bank-HDB
12.963 Billion pounds 11.167 Billion pounds 16.08 %
17 Banque Du Caire-BDC
Banque Du Caire-BDC
73.093 Billion pounds 64.842 Billion pounds 12.73 %
18 arab african international bank
arab african international bank
9.045 Billion pounds 8.154 Billion pounds 10.92 %
19 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
30.215 Billion pounds 27.946 Billion pounds 8.12 %
20 The United Bank
The United Bank
5.306 Billion pounds 5.293 Billion pounds 0.26 %