ADIB Egypt's Corporate sector achieves record performance during Q1-2025

Corporate sector at Abu Dhabi Islamic Bank – Egypt «ADIB – Egypt» witnessed a distinguished performance during the first quarter of this year, and this comes as a result of an increase in the institutional financing portfolio by 16.9%, to record 86.91 billion pounds by the end of March 2025, compared to 74.34 billion by the end of 2024, achieving an increase of 12.57 billion pounds.

This comes as a result of an increase in the direct financing portfolio for companies by 17.3%, with an increase of 10.21 billion pounds during the first quarter of this year, recording 69.20 billion pounds by the end of March 2025, compared to 59 billion by the end of 2024, and accounting for 79.6% of the total financing portfolio for institutions by the end of last March. The bank's current account debit balances witnessed a growth rate of 16.5%, with an increase of 2.29 billion pounds during the first quarter of this year, recording 16.17 billion pounds by the end of March 2025, compared to 13.88 billion by the end of 2024. The syndicated financing portfolio also increased by 5% during the first quarter of this year, achieving an increase of 73 million pounds, to record 1.54 billion pounds by the end of March 2025, compared to 1.46 billion by the end of 2024, and the value of credit cards reached about 104 million pounds by the end of last March. It is worth noting that the institutions’ financing portfolio constituted 73.9% of the bank’s total customer financing portfolio at the end of March 2025, which increased at a growth rate of 14.9% and an increase of 15.27 billion pounds during the first quarter of this year, recording 117.62 billion pounds at the end of March 2025, compared to 102.35 billion by the end of 2024. Institutional deposits increased by 8% during the first quarter of 2025 and recorded 122.22 billion pounds In terms of the size of the institutions’ deposit portfolio in «ADIB Egypt», it witnessed a growth rate of 8% during the first quarter of this year, achieving an increase of 9.04 billion pounds, to record 122.22 billion pounds by the end of March 2025, compared to 113.18 billion by the end of 2024. The institutions’ deposit portfolio accounted for 56.1% of the bank’s total customer deposit portfolio, which amounted to about 217.94 billion pounds at the end of March 2025, compared to 199.98 billion by the end of 2024, rising at a growth rate of 9% and achieving an increase of 17.96 billion pounds during the first quarter of this year.