FABMISR's Assets rose more than 4-fold in 3 years

The merger of First Abu Dhabi Bank – Egypt with Bank Audi in early 2022 represented a pivotal turning point in the bank's journey within the Egyptian banking market, as this merger enabled it to significantly strengthen its financial position.

This is evident in the significant jump witnessed by its asset portfolio, which rose from EGP 87.64 billion at the end of 2021 to EGP 461.91 billion at the end of March 2025, with a growth rate of 427%.

This exceptional growth is a clear indication of the efficiency of implementing merger and acquisition plans, and the extent of the bank's ability to maximize the benefit from Bank Audi's assets and employ them effectively within its operational structure, which has strengthened its presence in a market witnessing rapid competitiveness.

This strong performance was reflected in the bank's market share, which doubled to reach 2.04% of the total assets of the Egyptian banking sector by the end of March 2025, compared to 1.02% at the end of 2021, making it the seventh largest bank in terms of the volume of assets in the market.

In terms of financial performance during the recent period, First Abu Dhabi Bank - Egypt «FABMISR» continued to achieve strong results during the first quarter of 2025, achieving net profits worth 3.9 billion pounds during the first quarter of 2025.

The bank's net income from returns amounted to 7.3 billion pounds during the first quarter of 2025, recording a growth of 20% compared to the same period in 2024, in a clear indication of the strength of its financial position and the effectiveness of its operational strategies.

The bank's total loans to customers increased by about 7.6% during the first quarter of this year, reaching 160.25 billion pounds by the end of March 2025, compared to 148.9 billion pounds by the end of 2024, a total increase of 11.35 billion pounds.

The bank's asset portfolio rose to EGP 461.91 billion by the end of March 2025, compared to EGP 412.71 billion by the end of 2024, a growth rate of 11.9% on a quarterly basis.

The customer deposit portfolio increased by about 11.6% during the first quarter of this year, recording 288.87 billion pounds at the end of March 2025, compared to 258.79 billion pounds at the end of 2024, a total increase exceeding 30 billion pounds.

To view more details about First Abu Dhabi Bank - Egypt and its most prominent achievements, click here