QNB Egypt's Net profits rose by 11.1%, recording EGP 14.77 bn during Q1-2025

The separated financial statements of Qatar National Bank Egypt «QNB», issued on June 30, 2025, revealed an increase in its net profits to 14.77 billion pounds during the first half of 2025, compared to 13.30 billion during the same period in 2024, with a growth rate of 11.1% and an increase of 1.47 billion pounds.

The bank's profits before income taxes increased to 20.82 billion pounds during the first half of 2025, compared to 20.01 billion pounds during the same corresponding period in 2024, with a growth rate of 4%, and an increase of 806 million pounds.

Net income from revenue also increased at a growth rate of 18.4% to reach 23.09 billion pounds during the first 6 months of 2025, compared to 19.50 billion pounds during the same period in 2024, representing an increase of 3.59 billion pounds.

Net income from fees and commissions increased at a growth rate of 24.1%, recording 3.27 billion pounds during the first half of 2025, compared to 2.63 billion pounds during the first half of 2024.

In terms of the bank’s financial position, its asset portfolio increased at a growth rate of 8% during the first half of this year, reaching 831.38 billion pounds by the end of June 2025, compared to 808.98 billion pounds by the end of 2024, an increase of 22.41 billion pounds.

The bank’s customer deposit portfolio increased at a growth rate of 3% during the first half of this year, reaching 701.71 billion pounds by the end of June 2025, compared to 681.86 billion pounds by the end of 2024, recording an increase of 19.84 billion pounds.

The bank's total loans to customers jumped by about 11% during the first 6 months of this year, reaching 405.54 billion pounds by the end of June 2025, compared to 365.29 billion pounds by the end of 2024, a total increase of 40.25 billion pounds.