saib's Corporate sector achieves significant performance during Q1-2025

saib witnessed a distinguished performance during the first quarter of this year, as corporate loan portfolio increased by 10.7%, recording the equivalent of EGP 51.11 bn by the end of March 2025, compared to the equivalent of EGP 46.15 bn by the end of 2024, achieving an increase of the equivalent of EGP 4.96 bn.

This comes as a result of the increase in the bank’s syndicated loan portfolio, which amounted to the equivalent of EGP 21.25 bn at the end of March 2025, compared to the equivalent of EGP 21.03 bn at the end of 2024, achieving a growth rate of 1% and an increase equivalent to EGP 215 mn during the first quarter of this year, thus accounting for 41.6% of the total corporate loan portfolio at the end of last March.

The bank's direct loan portfolio jumped at a growth rate of 27.2% during the first quarter of this year, achieving an increase equivalent to EGP 2.02 bn, to record the equivalent of EGP 9.47 bn by the end of March 2025, compared to EGP 7.45 bn by the end of 2024.

The bank’s current account debit balances also increased at a growth rate of 14.7%, with an increase equivalent to EGP 2.36 bn during the first quarter of this year, recording the equivalent of EGP 18.47 bn by the end of March 2025, compared to the equivalent of EGP 16.11 bn by the end of 2024, while the value of the other loan portfolio amounted to the equivalent of EGP 1.92 bn by the end of last March.

It is worth noting that the corporate loan portfolio constituted about 69.7% of the bank’s total customer loan portfolio at the end of March 2025, which amounted to the equivalent of EGP 73.33 bn at the end of March 2025, compared to the equivalent of EGP 65.93 bn at the end of 2024, achieving a growth rate of 11.2% and an increase equivalent to EGP 7.40 bn during the first quarter of this year.

In terms of the size of corporate deposit portfolio at saib, it witnessed a growth rate of 7.3% during the first quarter of this year, achieving an increase equivalent to 5.65 billion pounds, recording the equivalent of 83.15 billion pounds by the end of March 2025, compared to the equivalent of 77.50 billion by the end of 2024.

Corporate deposit portfolio accounted for 64.2% of the bank’s total customer deposit portfolio, which amounted to the equivalent of EGP 129.58 bn at the end of March 2025, compared to the equivalent of EGP 117.45 bn at the end of 2024, rising at a growth rate of 10.3% and achieving an increase of the equivalent of EGP 12.13 bn during the first quarter of the current year.