Emirates NBD's financial position rose to EGP 173.8 bn with 200.8% growth in 5 years

7/14/2025 4:59:28 PM

Emirates NBD has significantly strengthened its financial position over the past five years, as evidenced by the increase in its asset portfolio to EGP 173.80 billion by the end of March 2025, compared to EGP 57.78 billion by the end of 2019, with a growth rate of 200.8% and an increase exceeding EGP 116 billion.

By tracking the portfolio's growth journey over the period under analysis, we find that the bank achieved the fastest growth rate in the volume of its assets during 2023, as it rose to 128.12 billion pounds at the end of 2023, compared to 100.94 billion pounds at the end of 2022, with a growth rate of 26.9% on an annual basis.

While the highest value increase witnessed by the portfolio during the past year was, as the size of the bank's assets rose to 158.93 billion pounds at the end of 2024, compared to 128.12 billion pounds at the end of 2023, representing a growth of about 24.1%, and a total increase of 30.81 billion pounds.

As for the portfolio's performance during the current year, it jumped to EGP 173.80 billion by the end of March 2025, compared to EGP 158.93 billion by the end of 2024, with a growth rate of 9.4% on a quarterly basis.

Overall, Emirates NBD – Egypt «Emirates NBD – Egypt» recorded a strong performance during the current year, achieving net profits of EGP 1.4 billion during the first quarter of 2025, compared to EGP 1.1 billion during the same period in 2024, an increase of 31%.

The bank's profits before income taxes rose to EGP 2.1 billion during the first quarter of 2025, compared to EGP 1.7 billion during the same period in 2024, representing a 20% growth.

The bank also recorded a significant increase in income growth, as net income from returns reached 3 billion pounds during the first quarter of 2025, compared to 2.6 billion pounds during the same period in 2024, with an increase rate of 16%.

Net income from fees and commissions amounted to 463 million pounds during the first three months of this year, an increase of 20% over the same period in 2024.

In addition, total shareholders' equity recorded EGP 18.3 billion at the end of the first quarter of 2025, compared to EGP 17.4 billion at the end of last year.