AAIB tops fastest growing private sector banks in deposits in the last 3 years

Arab African International Bank recorded remarkable growth in its customer deposit portfolio during the last 3 years, rising to EGP 672.4 bn at the end of 2024, compared to EGP 160.2 bn at the end of 2021, with a growth rate of 319.7%, and a total increase of 512.2 billion pounds.

This strong performance prompted the bank to top «First Bank» list of the fastest growing private sector banks operating in the Egyptian banking sector in customer deposits in the last 3 years.

The bank's deposit portfolio has grown continuously over the past three years, rising by 36.2% in 2022, then making a significant jump of 80.5% in 2023, followed by strong growth of 70.8% in 2024, reflecting a consistent expansionary approach to AAIB, strengthening customer confidence in the bank and confirming the effectiveness of its deposit attraction strategy.

It is worth noting that Arab African International Bank announced the results of its operations for the first quarter of this year, which revealed the achievement of net profits of 3.2 billion pounds during the first 3 months of 2025, a growth of 21% compared to the same period in 2024.

The bank recorded a net income of 6.2 billion pounds in the first quarter of 2025, in light of the continued strong growth in the bank’s various operational activities.

The bank's total assets increased to 893 billion pounds by the end of March 2025, while total financial investments amounted to about 314 billion pounds.

The bank's total loans recorded 204 billion pounds at the end of March 2025, distributed by 178 billion pounds in loans to institutions, and 26 billion pounds in loans to individuals.

Its portfolio of customer deposits reached 642 billion pounds by the end of March 2025, including 349 billion pounds in deposits for institutions and 293 billion pounds in deposits for individuals.

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