Abu Dhabi Islamic Bank Egypt Sae operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Abu Dhabi Islamic Bank Egypt Sae with three other
companies in this sector in EGYPT :
Al Baraka Bank Egypt SAE
(2020
sales of 7.90 billion Egyptian Pounds [US$503.88 million]
of which 100%
was Banking & Related Activities),
Societe Arabe International De Banque SAE
(6.82 billion Egyptian Pounds [US$435.10 million]
), and
Egyptian Gulf Bank SAE
(7.92 billion Egyptian Pounds [US$505.47 million]
of which 100%
was Banking & Related Activities).
Sales Analysis.
Abu Dhabi Islamic Bank Egypt Sae reported sales of 7.94 billion Egyptian Pounds (US$506.97 million)
for the
year ending
December of 2020.
This
represents
an
increase of 4.4%
versus 2019, when the company's sales were 7.61 billion Egyptian Pounds.
Sales at Abu Dhabi Islamic Bank Egypt Sae have increased during each of the previous five years
(and since 2015, sales have increased a total of 248%).
Sales of Capital Banking saw an increase
that was more than double the company's growth rate: sales were up
88.5% in 2020, from
379.27 million Egyptian Pounds to 715.02 million Egyptian Pounds.
Not all segments of Abu Dhabi Islamic Bank Egypt Sae experienced an increase in sales in 2020:
sales of Retail Banking fell 29.1% to 1.43 billion Egyptian Pounds.
Abu Dhabi Islamic Bank Egypt Sae also experienced decreases in sales in
Wholesale Banking (down 12.6% to 1.35 billion Egyptian Pounds)
.