KFH–Egypt's Corporate deposits rose by 269% over the last 5 years

Kuwait Finance House Bank – Egypt «Al Ahli United, formerly », was able to achieve a boom in the size of its institutional deposit portfolio during the last 5 years, as its total portfolio multiplied by about 4 times to record a growth rate of 268.8% and an increase of 73.71 billion pounds, reaching 101.13 billion pounds by the end of March 2025, compared to 27.42 billion by the end of 2019.

Tracking the portfolio’s growth journey over the period under analysis, we find that the bank achieved a growth rate of 27.7% in its institutional deposits during the year 2024, after recording 91.48 billion pounds by the end of 2024, compared to 71.65 billion by the end of 2023.

It also achieved a growth rate of 28.5% in the total deposits of institutions during the year 2023, while recording growth rates of 37.8%, 7.5%, and 37.2% in the size of its portfolio during the following years, 2022, 2021, and 2020, respectively.

As for the development of the size of the institutions’ deposit portfolio during the first quarter of 2025, it increased at a growth rate of 10.6% and an increase of 9.65 billion pounds, reaching 101.133 billion pounds by the end of March 2025, compared to 91.48 billion by the end of 2024.

It is worth noting that the bank’s customer deposit portfolio increased by 10.4%, with an increase of about 12.21 billion pounds during the first quarter of this year, to record 129.30 billion pounds by the end of March 2025, compared to 117.09 billion by the end of 2024.

The total customer financing portfolio increased at a growth rate of 5.5% during the first quarter of this year, after the portfolio size reached about 89.70 billion pounds at the end of March 2025, compared to 84.99 billion pounds at the end of 2024, an increase of 4.71 billion pounds.

The bank's asset portfolio also increased at a growth rate of 7.9% during the first quarter of this year, reaching 155.10 billion pounds by the end of March 2025, compared to 143.79 billion by the end of 2024, recording an increase of 11.31 billion pounds.

As for the bank’s net profits, they recorded 938 million pounds during the first quarter of this year, compared to 2.80 billion during the first quarter of last year.

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