EBank tops best listed bank in asset coverage ratio for deposits March 2025-End

The Egyptian Export Development Bank «EBank» topped the «First Bank» list of the best banks listed on the Egyptian Stock Exchange in terms of asset coverage ratio for deposits at the end of March 2025, after its coverage rate reached 140.74%.

The asset coverage rate for deposits with «EBank» is considered very high, and reflects the high ability that the bank possesses to fulfill its obligations towards depositors, as deposits represent about 71.05% of the total assets owned by the bank at the end of March 2025.

Total assets increased at a growth rate of 1.3% and an increase of 2.36 billion pounds during the first quarter of this year, recording 184.23 billion pounds by the end of March 2025, compared to 181.87 billion by the end of 2024.

The bank's total customer deposit portfolio was about 130.90 billion pounds by the end of March 2025, compared to 137.31 billion by the end of 2024.

It is worth noting that the Egyptian Export Development Bank «EBank» announced an increase in its net profits with a growth rate of 28%, recording 1.319 billion pounds during the first quarter of 2025, compared to 1.031 billion pounds during the first quarter of 2024, an increase of 288.2 million pounds.

The bank's profits before taxes increased at a growth rate of 34.75%, recording 1.959 billion pounds during the first quarter of 2025, compared to 1.454 billion during the first quarter of 2024, with an increase of 506 million pounds.

The bank's net income from revenue increased at a growth rate of 20.39%, with an increase of 386 million pounds, to record 2.278 billion pounds during the first quarter of 2025, compared to 1.892 billion pounds during the same period in 2024.

Net income from fees and commissions also recorded 368,162 million pounds during the first quarter of 2025, compared to 403,786 million pounds during the first quarter of 2024.

The bank’s total portfolio of customer loans and facilities increased at a growth rate of 1.34% and an increase of 1.002 billion pounds during the first quarter of this year, recording 75.74 billion pounds by the end of March 2025, compared to 74.74 billion by the end of 2024.

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