«First» Index: With 132.4% Growth, «saib» Strengthens Its Position in the Deposit Market Over the Past Four Years

 «saib» recorded significant growth in its customer deposits portfolio over the past four years, with total deposits increasing by 132.4%, reaching the equivalent of EGP 139.20 billion by the end of June 2025, compared to EGP 59.89 billion at the end of 2020—an increase of EGP 79.31 billion. This reflects the bank’s success in expanding its customer base and strengthening clients’ trust in its banking services.

An analysis of the development of total customer deposits at «saib» during the review period shows that 2024 recorded the highest annual growth rate of 37.7%, with deposits reaching the equivalent of EGP 117.45 billion at the end of 2024, compared to EGP 85.29 billion at the end of 2023—an increase of EGP 32.16 billion.

Meanwhile, the total customer deposits portfolio grew by 16.93%, 16.9%, and 4.2% in 2023,2022, and 2021, respectively.

Regarding portfolio growth during thefirst half of 2025, deposits increased by about 18.5%, with an increase of EGP 21.74 billion, reaching EGP139.20 billion at the end of June 2025, compared to EGP 117.45 billion at the end of 2024.

It is worth noting that «saib» achieved strong financial results during the first half of the current year, as the total customer loan portfolio grew by 19.2%, reaching EGP 78.61 billion at the end of June 2025, compared to EGP 65.93 billion at the end of 2024—an increase of EGP 12.69billion.

The bank’s total asset portfolio also jumped by 12.7%, with an increase of EGP 19.06 billion, during the first half of the year, reaching EGP 169.05 billion at the end of June 2025, compared to EGP 150 billion at the end of 2024.

Meanwhile, the bank recorded net profits of EGP 837.23 million during the first half of 2025, compared to EGP 987.89 million during the same period in 2024.