First Bank list of banks with the fastest growth in individual deposits during the first quarter of 2025 revea

FirstBank فرست بنك البنك الأول فيرست بنك

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

FirstBank

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
Emirates NBD Egypt
55.581 EGP Bn 46.099 EGP Bn 20.57 %
2 BANK NXT
BANK NXT
25.449 EGP Bn 21.454 EGP Bn 18.62 %
3 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
39.981 EGP Bn 33.934 EGP Bn 17.82 %
4 SAIB BANK
SAIB BANK
46.425 EGP Bn 39.948 EGP Bn 16.21 %
5 Suez Canal Bank
Suez Canal Bank
24.392 EGP Bn 21.127 EGP Bn 15.45 %
6 The United Bank
The United Bank
41.055 EGP Bn 36.966 EGP Bn 11.06 %
7 Credit Agricole Egypt
Credit Agricole Egypt
36.488 EGP Bn 32.908 EGP Bn 10.88 %
8 First Abu Dhabi Bank Egypt-FAB
First Abu Dhabi Bank Egypt-FAB
63.427 EGP Bn 57.248 EGP Bn 10.79 %
9 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
95.724 EGP Bn 86.805 EGP Bn 10.27 %
10 Al Ahli united bank Egypt
Al Ahli united bank Egypt
28.167 EGP Bn 25.609 EGP Bn 9.99 %
11 Abu Dhabi Commercial Bank Egypt- ADCB
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
Al Ahli Bank of Kuwait Egypt -ABK Egypt
77.926 EGP Bn 71.46 EGP Bn 9.05 %
13 alBaraka Bank Egypt
alBaraka Bank Egypt
68.133 EGP Bn 62.685 EGP Bn 8.69 %
14 Qatar National Bank-QNB
Qatar National Bank-QNB
254.107 EGP Bn 234.286 EGP Bn 8.46 %
15 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
123.951 EGP Bn 115.975 EGP Bn 6.88 %
16 arab african international bank
arab african international bank
293.442 EGP Bn 274.787 EGP Bn 6.79 %
17 Export Development Bank of Egypt-EBank
Export Development Bank of Egypt-EBank
19.591 EGP Bn 18.396 EGP Bn 6.5 %
18 Commercial International Bank-CIB
Commercial International Bank-CIB
571.559 EGP Bn 537.325 EGP Bn 6.37 %
19 EGBANK
EGBANK
26.164 EGP Bn 24.609 EGP Bn 6.32 %
20 HSBC
HSBC
120.477 EGP Bn 114.733 EGP Bn 5.01 %
21 Banque Du Caire-BDC
Banque Du Caire-BDC
207.622 EGP Bn 197.754 EGP Bn 4.99 %
22 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
178.025 EGP Bn 172.843 EGP Bn 3 %
23 Attijariwafa Bank Egypt
Attijariwafa Bank Egypt
34.786 EGP Bn 33.87 EGP Bn 2.7 %
24 Housing and Development Bank-HDB
Housing and Development Bank-HDB
67.88 EGP Bn 80.471 EGP Bn -15.65 %