Attijariwafa loan portfolio jumps by 231.2% in 5 years

Attijariwafa Bank Egypt was able to achieve a boom in the volume of its loans to customers during the last 5 years, as its total portfolio multiplied more than 3 times, reaching 60.69 billion pounds by the end of March 2025, compared to 18.32 billion by the end of 2019, with a growth rate of 231.2%, and a total increase of 42.36 billion pounds.

Tracking the portfolio’s growth journey over the period under analysis, we find that the highest annual growth rate witnessed by the portfolio was during 2023, as the bank’s total portfolio of customer loans increased by about 36.8% in 2023, reaching 44.02 billion pounds by the end of 2023, compared to 32.18 billion pounds by the end of 2022.This represents an increase of 11.84 billion pounds.

While the value of the increase witnessed by the portfolio during the past year was thanks to the increase in the bank’s total loans to customers by 15.53 billion pounds on an annual basis, recording 59.55 billion pounds at the end of 2024, compared to 44.02 billion at the end of 2023.

As for the development in the size of the portfolio during the first quarter of this year, it increased at a growth rate of 1.9% and an increase of 1.14 billion pounds, reaching 60.69 billion pounds by the end of March 2025, compared to 59.55 billion by the end of 2024.

It is worth noting that Attijariwafa Bank Egypt announced that it achieved net profits of 752 million pounds during the first quarter of 2025, compared to 810 million pounds during the same period in 2024.

The bank's profits before income taxes amounted to about 1.16 billion pounds during the first quarter of 2025, compared to 1.17 billion pounds during the same period in 2024.

Its net income from revenue increased at a growth rate of 18.5% to reach 1.69 billion pounds during the first quarter of 2025, compared to 1.43 billion pounds during the same period in 2024, achieving an increase of 264 million pounds.

Net income from fees and commissions at the bank achieved a growth rate of 2.2%, reaching 290 million pounds during the first quarter of this year, compared to 284 million pounds during the same period in 2024.

The bank’s total loans and customer facilities increased at a growth rate of 2% and an increase of 1.14 billion pounds during the first quarter of this year, to record 60.69 billion pounds by the end of March 2025, compared to 59.55 billion pounds by the end of 2024.

The bank's customer deposit portfolio reached 102.61 billion pounds by the end of March 2025, compared to 104.19 billion pounds by the end of 2024.