saib tops fastest-growing listed banks in savings certificate balances during Q1-2025

saib achieved remarkable growth in its savings and deposit certificate balances, rising to 18.08 billion pounds by the end of March 2025, compared to 14.89 billion pounds by the end of 2024, with a growth rate of 21.4%, and a total increase of 3.19 billion pounds.

This pushed «saib»'s strong performance to top «First Bank»'s list of fastest-growing listed banks in savings certificate balances during the first quarter of 2025.

It is worth noting that the Arab International Banking Company Bank «saib» announced that it achieved net profits of 390.25 million pounds during the first quarter of 2025, compared to 581.30 million pounds during the same period in 2024.

Net income from the return amounted to 1.56 billion pounds during the first quarter of 2025, compared to 2.02 billion pounds during the same period in 2024.

Net income from fees and commissions recorded 307.32 million pounds in the first 3 months of 2025, compared to 275.01 million pounds in the same period in 2024, with a growth rate of 11.7%.

In terms of the bank’s financial position, its portfolio of assets increased by about 8.1% during the first quarter of this year, recording 162.15 billion pounds at the end of March 2025, compared to 150 billion pounds at the end of 2024.

The customer deposit portfolio jumped to 129.58 billion pounds by the end of March 2025, compared to 117.45 billion pounds by the end of 2024, a growth rate of 10.3% on a quarterly basis.

Total customer loans increased by about 11.2% during the first quarter of this year, recording 73.33 billion pounds at the end of March 2025, compared to 65.93 billion pounds at the end of 2024, an increase of 7.04 billion pounds.

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