Mohamed Badir leads QNB Egypt towards Comprehensive financial growth, promoting the bank’s position in the Egyptian market

7/7/2025 5:44:34 PM

QNB Bank Egypt was able to achieve a significant increase in its main financial indicators within a few years, specifically since Mohamed Badir assumed the executive leadership of the bank in September 2021, as he pushed the bank towards recording record levels in net profits, deposits, loans and assets within a short period of time.

In this episode, we discuss with decision makers the impact of «Mohamed Badir»’s strategy on the development of the bank’s financial indicators, as the net profits of «QNB» Egypt jumped by about 446.3%, with an increase of 18.35 billion pounds, to multiply more than 3 times during the last 3 years, and record 25.81 billion pounds during 2024, compared to 7.45 billion during 2021.

During the current year, the bank achieved net profits of 6.95 billion pounds during the first 3 months of 2025, compared to 6.85 billion during the first 3 months of 2024, achieving a growth rate of 1.5%.

Since assuming the reins of executive leadership, «Badir» has been able to enhance the confidence of depositors at the bank, as its customers’ total deposit portfolio multiplied by about one and a half times, growing at a rate of 164.6%, with an increase of about 453.56 billion pounds, thus reaching 729.21 billion pounds by the end of March 2025, compared to 275.65 billion by the end of September.2021, and the total portfolio increased by 7% during the first quarter of this year.

The significant increase in the bank’s total customer deposit portfolio was driven by the record growth in the institutions’ deposit portfolio, which multiplied by about 3 times, jumping by 211% and recording an increase of 322.36 billion pounds, reaching 475.10 billion pounds by the end of March 2025, compared to 152.74 billion by the end of September 2021, while the size of the portfolio jumped.With a growth rate of 6.2% during the first 3 months of this year.

In addition, the bank’s total individual deposit portfolio increased at a growth rate of 106.8%, with an increase of 131.20 billion pounds, moving from 122.90 billion pounds at the end of September 2021, and reaching about 254.11 billion by the end of last March, while the size of the portfolio increased at a growth rate of 8.5% during the first quarter of 2025.

The bank was able to achieve a noticeable increase in total customer loans under the leadership of «Muhammad Badir», which was clearly evident in the record growth in portfolio size, which more than doubled, recording a growth rate of 114.7% and an increase of 206.32 billion pounds during the period under analysis, reaching 386.16 billion pounds.By the end of March 2025, compared to 179.84 billion by the end of September 2021, while the portfolio size increased by 5.7% During the first 3 months of this year.

This increase is reinforced by an increase in the institutional loan portfolio at a growth rate of 118.7%, jumping to 315.97 billion pounds at the end of last March, compared to 144.48 billion pounds at the end of September 2021, achieving an increase of 171.48 billion pounds during the period under analysis, while the size of the portfolio jumped at a growth rate of 5.7% during the quarter.The first of 2025.

The size of the individual loan portfolio also jumped by about 98.5%, with an increase of 34.84 billion pounds during the period under analysis, reaching 70.20 billion pounds by the end of March 2025, compared to 35.36 billion by the end of September 2021.The size of the portfolio also increased at a growth rate of 5.7% during the first 3 months of the year.current.

In conclusion, this strong performance reflects the efficiency of «Mohamed Badir»’s strategy and its ability to achieve balanced growth in the bank’s main financial portfolios as well as significantly double its profit levels, which enhances the bank’s competitiveness and leadership in the Egyptian banking sector, and confirms its position as one of the largest banks operating in Egypt.