Banque du Caire’s net profits jump by 44.9% during Q1-2025, recording EGP 3.44 bn

The separate financial statements of Banque du Caire for the financial period ending on March 31, 2025 revealed an increase in its net profits to 3.44 billion pounds during the first quarter of 2025, compared to 2.38 billion pounds during the same period in 2024, with a growth rate of 44.9%, and an increase exceeding the barrier of one billion pounds.  

The bank’s profits before income taxes rose to 4.93 billion pounds during the first quarter of 2025, compared to 3.64 billion pounds during the same period in 2024, with a growth rate of 35.6%, and an increase of 1.3 billion pounds.

Net interest income jumped by about 30%, recording 8.27 billion pounds during the first 3 months of 2025, compared to 6.36 billion pounds during the same period in 2024, an increase estimated at about 1.91 billion pounds.

Net fees and commissions income rose to 1.38 billion pounds during the first quarter of 2025, compared to 1.30 billion pounds during the same corresponding period in 2024, representing a growth of about 6.3%.

In terms of the bank’s financial position, its portfolio of assets increased by about 3.7% during the first quarter of this year, reaching 500.82 billion pounds by the end of March 2025, compared to 483.1 billion pounds by the end of 2024, a total increase of 17.72 billion pounds.

Customer deposit portfolio rose to 369.22 billion pounds at the end of March 2025, compared to 352.27 billion pounds at the end of 2024, representing a growth of about 4.8% on a quarterly basis.

The bank's total loans to customers jumped by about 3.6% in the first 3 months of this year, reaching 218.56 billion pounds by the end of March 2025, compared to 210.95 billion pounds by the end of 2024, a total increase of 7.61 billion pounds.