Emirates NBD, Bank NXT, and ABK - Egypt top fastest-growing banks in retail deposits during Q1-2025

First Bank list of banks with the fastest growth in individual deposits during the first quarter of 2025 revealed that Emirates NBD - Egypt topped the list, as its retail deposit portfolio jumped by about 20.6% during the first 3 months of this year, reaching 55.58 billion pounds by the end of last March.Compared to 46.1 billion pounds by the end of 2024.
The «First Bank» list monitored the size of retail deposit portfolios with 24 banks operating in the Egyptian banking sector, for which financial data was available during the period under analysis, and revealed that 23 banks achieved positive growth rates, while one bank recorded a noticeable decline during the first quarter of 2025.
Returning to the list, Bank NXT«seized second place, thanks to an increase in its portfolio of retail deposits by about 18.6% during the first 3 months of this year, reaching 25.45 billion pounds by the end of March 2025, compared to 21.45 billion pounds by the end of 2024.
Al Ahli Bank of Kuwait – Egypt «ABK–Egypt» won third place, after its portfolio of retail deposits rose by about 17.8% during the first quarter of 2025, reaching 39.98 billion pounds by the end of last March, compared to 33.93 billion pounds by the end of 2024.
Arab International Banking Company Bank «saib» ranked fourth, as its portfolio of retail deposits increased by about 16.2% during the first 3 months of 2025, reaching 46.42 billion pounds at the end of last March, compared to 39.95 billion pounds at the end of 2024.
Suez Canal Bank took fifth place, as its portfolio of retail deposits increased by about 15.5% during the first quarter of 2025, recording 24.39 billion pounds at the end of last March, compared to 21.13 billion pounds at the end of 2024.
The United Bank came sixth, with a growth rate of 11.1% during the first 3 months of 2025, with its retail deposit portfolio recording 41.06 billion pounds at the end of last March, compared to 36.97 billion pounds at the end of 2024.
Credit Agricole Bank - Egypt came in seventh place, as its portfolio of retail deposits jumped by about 10.9% during the first 3 months of this year, reaching 36.49 billion pounds by the end of March 2025, compared to 32.91 billion pounds by the end of 2024.
First Abu Dhabi Bank – Egypt «FABMISR» occupied eighth place, with a growth rate of 10.8% during the first quarter of this year, as its portfolio of retail deposits jumped to 63.43 billion pounds by the end of March 2025, compared to 57.25 billion pounds by the end of 2024.
Abu Dhabi Islamic Bank – Egypt «ADIB» dominated ninth place, after the volume of its deposits to retail jumped by about 10.3% during the first 3 months of 2025, recording 95.72 billion pounds at the end of March 2025, compared to 86.80 billion pounds at the end of 2024.
As for tenth place, it went to Kuwait Finance House Bank – Egypt, thanks to an increase in its retail deposits by about 10% during the first 3 months of 2025, reaching 28.17 billion pounds by the end of March 2025, compared to 25.61 billion pounds by the end of 2024.
It is worth noting that all values and growth rates mentioned in the above analysis are in accordance with the independent financial statements announced for each bank at the end of March 2025.
Retail deposit portfolio growth in banks operating in the Egyptian banking sector during Q1-2025
# | Bank Name | Total Retail deposits portfolio by March 2025-End | Total Retail deposits portfolio by 2024-End | Growth rate |
---|---|---|---|---|
1 |
Emirates NBD Egypt![]() |
55.581 EGP Bn | 46.099 EGP Bn | 20.57 % |
2 |
BANK NXT![]() |
25.449 EGP Bn | 21.454 EGP Bn | 18.62 % |
3 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt![]() |
39.981 EGP Bn | 33.934 EGP Bn | 17.82 % |
4 |
SAIB BANK![]() |
46.425 EGP Bn | 39.948 EGP Bn | 16.21 % |
5 |
Suez Canal Bank![]() |
24.392 EGP Bn | 21.127 EGP Bn | 15.45 % |
6 |
The United Bank![]() |
41.055 EGP Bn | 36.966 EGP Bn | 11.06 % |
7 |
Credit Agricole Egypt![]() |
36.488 EGP Bn | 32.908 EGP Bn | 10.88 % |
8 |
First Abu Dhabi Bank Egypt-FAB![]() |
63.427 EGP Bn | 57.248 EGP Bn | 10.79 % |
9 |
Abu Dhabi Islamic Bank-ADIB Egypt![]() |
95.724 EGP Bn | 86.805 EGP Bn | 10.27 % |
10 |
Al Ahli united bank Egypt![]() |
28.167 EGP Bn | 25.609 EGP Bn | 9.99 % |
11 |
Abu Dhabi Commercial Bank Egypt- ADCB![]() |
25.157 EGP Bn | 23.036 EGP Bn | 9.21 % |
12 |
Al Ahli Bank of Kuwait Egypt -ABK Egypt![]() |
77.926 EGP Bn | 71.46 EGP Bn | 9.05 % |
13 |
alBaraka Bank Egypt![]() |
68.133 EGP Bn | 62.685 EGP Bn | 8.69 % |
14 |
Qatar National Bank-QNB ![]() |
254.107 EGP Bn | 234.286 EGP Bn | 8.46 % |
15 |
Bank of Alexandria-Alex Bank![]() |
123.951 EGP Bn | 115.975 EGP Bn | 6.88 % |
16 |
arab african international bank![]() |
293.442 EGP Bn | 274.787 EGP Bn | 6.79 % |
17 |
Export Development Bank of Egypt-EBank![]() |
19.591 EGP Bn | 18.396 EGP Bn | 6.5 % |
18 |
Commercial International Bank-CIB![]() |
571.559 EGP Bn | 537.325 EGP Bn | 6.37 % |
19 |
EGBANK![]() |
26.164 EGP Bn | 24.609 EGP Bn | 6.32 % |
20 |
HSBC![]() |
120.477 EGP Bn | 114.733 EGP Bn | 5.01 % |
21 |
Banque Du Caire-BDC![]() |
207.622 EGP Bn | 197.754 EGP Bn | 4.99 % |
22 |
Faisal Islamic Bank of Egypt![]() |
178.025 EGP Bn | 172.843 EGP Bn | 3 % |
23 |
Attijariwafa Bank Egypt![]() |
34.786 EGP Bn | 33.87 EGP Bn | 2.7 % |
24 |
Housing and Development Bank-HDB![]() |
67.88 EGP Bn | 80.471 EGP Bn | -15.65 % |