SC Bank, Alex Bank, and Al Baraka Fastest-Growing Private Sector Banks in Net Profits During H1-2025

SC Bank tops the list of the fastest-growing private sector banks in net profits with a growth rate of 70.6%, while AlexBank ranked second with 46.9%.

Al Baraka Bank came in third with a growth rate of 46.7%, followed by EGBANK and ADCB-Egypt in fourth and fifth places with growth rates of 39.4% and 37.9%, respectively, during the first half of 2025.

ADIB-Egypt, NBK-Egypt, and Bank NXT were also among the top 10 fastest-growing private sector banks in net profits, with growth rates of 34.4%, 30.4%, and 24%, respectively.

First Bank’s ranking of the fastest-growing private sector banks operating in the Egyptian banking sector during H1-2025 revealed that Suez Canal Bank topped the list with a growth rate of 70.6%, achieving a net profit of EGP 3.08 billion in H1-2025, compared to EGP 1.81 billion in H1-2024.

It is worth noting that private sector banks are defined as those in which private ownership exceeds 50%, according to data from Egypt’s Ministry of Public Enterprise Sector.

Returning to the ranking, AlexBank secured second place as its net profits jumped 46.9% to EGP 7.47 billion in H1-2025, compared to EGP 5.08 billion in the same period of 2024.

Al Baraka Bank – Egypt came third, with net profits rising 46.7% to EGP 1.96 billion during the first six months of 2025, up from EGP 1.34 billion in the same period of 2024.

EGBANK ranked fourth, recording 39.4% growth as net profits increased to EGP 1.72 billion in H1-2025, compared to EGP 1.23 billion in H1-2024.

Abu Dhabi Commercial Bank – Egypt (ADCB) followed in fifth place, with profits up 37.9% to EGP 2.95 billion, versus EGP 2.14 billion in H1-2024.

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) secured sixth place, as net profits climbed 34.4% to EGP 6.04 billion in H1-2025, compared to EGP 4.49 billion in the same period of 2024.

National Bank of Kuwait – Egypt (NBK-Egypt) ranked seventh, posting a 30.4% increase in net profits to EGP 4.13 billion during H1-2025, compared to EGP 3.17 billion in H1-2024.

Bank NXT came eighth, with net profits up 24% to EGP 1.12 billion, compared to EGP 901.56 million in the same period of 2024.

Commercial International Bank (CIB) ranked ninth, as net profits grew 20.7% to EGP 33.41 billion during H1-2025, versus EGP 27.68 billion in H1-2024.

Finally, Emirates NBD – Egypt came in tenth, with a 16.9% increase in net profits to EGP 3.02 billion during H1-2025, compared to EGP 2.58 billion in H1-2024.

All figures and growth rates cited above are based on the independently published financial statements of each bank as of June 2025.