Balanced growth in retail loans and deposits pushes FABMISR's retail banking sector to achieve good performance during Q1-2025

The retail banking sector at First Abu Dhabi Bank - Egypt «FABMISR» witnessed good growth during the first quarter of this year, reflecting its firm commitment to achieving excellence and meeting customer aspirations in light of a renewed economic environment.

At the level of individual loans, excellence was embodied by designing smart financing solutions that meet the changing needs of customers, supported by advanced digital platforms that facilitated the procedures for obtaining financing, which contributed to expanding the scope of financial inclusion and raising customer satisfaction rates.

According to the bank’s independent financial statements, its portfolio of individual loans increased by about 9.8% during the first quarter of this year, recording 22.84 billion pounds at the end of March 2025, compared to 20.8 billion pounds at the end of 2024, a total increase exceeding 2 billion pounds.

This growth was supported by an increase in the personal loan portfolio to 17 billion pounds by the end of March 2025, compared to 15.05 billion pounds by the end of 2024, with a growth rate of 13%, and a total increase of 1.96 billion pounds.

Its portfolio of car loans increased by about 11.1% during the first quarter of this year, reaching 3.11 billion pounds by the end of March 2025, compared to 2.80 billion pounds by the end of 2024, a total increase of 311.36 million pounds.

Credit card balances recorded 1.42 billion pounds, while housing loans reached 380.73 million pounds by the end of March 2025.

The balances of current accounts receivable by individuals amounted to 918.52 million pounds at the end of March 2025, compared to 1.16 billion pounds at the end of 2024.

The retail sector in «Abu Dhabi First - Egypt» contributed about 14.3% to the bank’s total loan portfolio, which jumped to 160.25 billion pounds by the end of March 2025, compared to 148.9 billion pounds by the end of 2024, with a growth rate of 7.6% on an annual basis.

As for the deposits sector, the bank attracted individual deposits through a balanced package of offers that combine security, flexibility and competitive returns, which enhanced customer confidence and the sustainability of money flows, thus supporting the bank’s stability and sustainable growth.

This is evident in the increase in its portfolio of individual deposits by about 10.8% during the first quarter of this year, reaching 63.43 billion pounds by the end of March 2025, compared to 57.25 billion pounds by the end of 2024, which represents a total increase of 6.18 billion pounds