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 :
Societe Arabe International De Banque SAE
(2020
sales of 6.82 billion Egyptian Pounds [US$433.80 million]
),
Egyptian Gulf Bank SAE
(7.92 billion Egyptian Pounds [US$503.97 million]
of which 100%
was Banking & Related Activities), and
Al Baraka Bank Egypt SAE
(7.90 billion Egyptian Pounds [US$502.38 million]
of which 100%
was Banking & Related Activities).
Sales Analysis.
During the second
quarter of 2021, sales at Abu Dhabi Islamic Bank Egypt Sae totalled
2.14 billion Egyptian Pounds.
This is
an increase of 10.5%
from the 1.93 billion Egyptian Pounds in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 4.17 billion Egyptian Pounds, which is
5.7% higher
than through the first two quarters of 2020.
During the previous 34 quarters, sales at Abu Dhabi Islamic Bank Egypt Sae have increased compared with the same quarter in the previous year.
Abu Dhabi Islamic Bank Egypt Sae reported sales of 7.94 billion Egyptian Pounds (US$505.46 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)
.