ABK – Egypt tops fastest-growing banks in customer deposits during Q1-2025

ABK – Egypt’s customer deposit portfolio witnessed remarkable growth during the current year, which is evident in its increase by about 11.9%, reaching EGP 134.12 bn by the end of March 2025, compared to EGP 119.89 bn by the end of 2024.

This strong performance prompted the bank to top First Bank’s list of the fastest growing banks in customer deposits during the first quarter of 2025.

It is worth noting that Al Ahli Bank of Kuwait – Egypt «ABK – Egypt», announced that it achieved net profits of EGP 1.3 bn during the first quarter of 2025, with a growth rate of 42.3% compared to the same period last year, after excluding valuation differences.

Net income from revenue also increased by 26.2%, recording EGP 1.8 bn compared to 1.4 bn, for the same period last year.

Total assets during the first quarter of this year increased by 10.2%, reaching EGP 156 bn compared to the previous year, which recorded EGP 141.6 bn.

The loan portfolio increased by 15.8% to reach EGP 80.2 bn, compared to EGP 69.3 bn at the end of 2024.

Irregular loans stood at 2.04% at the end of March 2025 compared to 1.74% at the end of December 2024.

To see the full list.. Click here.