Only 1 bn separates ADIB from seizing the title of the fifth largest private sector Bank in deposits in the Egyptian market

Abu Dhabi Islamic Bank – Egypt«ADIB» has witnessed a strong boom in the volume of customer deposits in recent years, which has strengthened its position in the banking market, as the bank was able last September to seize the top spot in Islamic banks, in addition to entering the list of the Big Ten for the first time in its history.

It seems that the journey of the rise of Abu Dhabi Islamic Bank – Egypt under the leadership of Mohamed Ali, CEO and Managing Director of the bank, will not stop there, as it is only a few steps away from seizing the title of the fifth largest private sector bank in Egypt, and the eighth largest bank in the banking sector as a whole in Deposit market at the expense of HSBC Bank – Egypt, if the bank continues its rapid growth Amidst modest performance for «HSBC».

During the past five years, the gap between «ADIB» and «HSBC» narrowed to decrease from 27.39 billion pounds by the end of 2020, to 1.13 billion pounds by the end of March 2025, recording its lowest level during this period.

During the first quarter of this year, «Abu Dhabi Islamic»’s customer deposit portfolio jumped to 218.15 billion pounds by the end of March 2025, compared to 200.28 billion pounds by the end of 2024, with a growth rate of 8.9%, and a total increase of 17.87 billion pounds.

As for the customer deposit portfolio of «HSBC» - Egypt, it increased by about 3.9% during the first quarter of this year, reaching 219.28 billion pounds by the end of March 2025, compared to 211.14 billion pounds by the end of 2024, an increase estimated at about 8.14 billion pounds.

The financial performance in various aspects of Abu Dhabi Islamic Bank - Egypt during the current year reflects a strong trend towards comprehensive growth, as the bank recorded significant increases in many other financial indicators that confirm its ambitious strategy and future vision to enhance its position in the banking market.

The bank achieved net profits of 2.94 billion pounds during the first 3 months of 2025, compared to 2.10 billion pounds during the same period in 2024, with a growth rate of 39.6%, and a total increase of 832.81 million pounds.

The bank's profits before income taxes increased by about 37.9%, to record 3.99 billion pounds during the first quarter of 2025, compared to 2.89 billion pounds during the same period in 2024.