Balanced growth in retail loans and deposits pushes ABC's retail banking sector to perform well during Q1-2025

Retail banking sector at Bank «ABC» witnessed good growth during the first quarter of this year, reflecting the extent of its firm commitment to achieving excellence and meeting customer aspirations in a renewed economic environment.

At the level of individual loans, excellence was embodied by designing smart financing solutions that meet the changing needs of customers, supported by advanced digital platforms that facilitated the procedures for obtaining financing, which contributed to expanding the scope of financial inclusion and raising customer satisfaction rates.

According to the bank's periodic financial statements, its portfolio of individual loans increased by about 6.7% during the first quarter of this year, reaching 5.31 billion pounds by the end of March 2025, compared to 4.98 billion pounds by the end of 2024.

This growth was supported by an increase in the personal and car loan portfolio to EGP 4.02 billion by the end of March 2025, compared to EGP 3.72 billion by the end of 2024, with a growth rate of 8.2% on a quarterly basis.

The real estate loan portfolio increased by about 1% during the first quarter of this year, recording 803.28 million pounds at the end of March 2025, compared to 795.04 million pounds at the end of 2024.

Credit card balances increased from EGP 372.28 million by the end of 2024 to EGP 395.77 million by the end of March 2025, with a growth rate of 6.3%, while current accounts receivable for individuals recorded EGP 91 million by the end of March 2025.

The individuals sector at «ABC» contributed about 15.83% to the bank's total loan portfolio, which rose to 33.56 billion pounds at the end of March 2025, compared to 32.77 billion pounds at the end of 2024, with a growth rate of 2.4% on a quarterly basis.

In the deposits sector, the bank attracted individual deposits through a balanced package of offers that combined security, flexibility and competitive returns, which enhanced customer confidence and the sustainability of money flows, thus supporting the bank's stability and sustainable growth.

This is evident in the increase in its portfolio of individual deposits by about 10.2% during the first quarter of this year, reaching 19.23 billion pounds by the end of March 2025, compared to 17.46 billion pounds by the end of 2024.

The retail sector accounted for about 27.67% of the bank's total deposit portfolio, after the customer deposit portfolio «ABC» rose to 69.51 billion pounds at the end of March 2025, compared to 69.20 billion pounds at the end of 2024.