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BANK NXT, EGBANK, and Suez Canal Bank Lead Private Sector Banks in Net Profit Growth During the First 9M of 2025

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«BANK NXT» Tops the List of the Fastest-Growing Private Sector Banks in Net Profits, «EGBANK» Ranks Second

Arab banking groups secured four positions among the top 10 fastest-growing private sector banks in terms of net profits, while Islamic banks claimed two seats.

Meanwhile, seven banks recorded a noticeable decline in net profits compared to the same period last year.

Commercial International Bank «CIB» continues to lead private sector banks in terms of the highest net profits achieved.

The First Bank list of the fastest-growing private sector banks in net profits during the first nine months of 2025 revealed that BANK NXT topped the ranking, posting a 96.4% growth rate after achieving net profits of EGP 2.61 billion during the period, compared to EGP 1.33 billion in the same period of 2024.

EGBANK ranked second with a 64.8% growth rate, reporting net profits of EGP 3.18 billion during the first nine months of 2025, up from EGP 1.93 billion in the corresponding period of 2024.

Suez Canal Bank came in third, recording a 61.8% growth rate, with net profits reaching EGP 5.05 billion during the first nine months of the current year, compared to EGP 3.12 billion in the same period of 2024.

The ranking also highlighted the continued outperformance of Commercial International Bank (CIB) as the most profitable private sector bank, after posting net profits of EGP 62.21 billion during the first nine months of 2025, compared to EGP 42.56 billion in the same period of 2024, representing a 46.2% growth rate.

The First Bank list tracked net profits for 20 private sector banks operating in the Egyptian banking sector with available financial data for the first nine months of 2025, The data showed that 13 banks recorded positive growth rates, while 7 banks experienced notable declines, based on each bank’s published standalone financial statements.

Faisal Islamic Bank of Egypt ranked last on the list after recording a sharp 70.3% decline in net profits, posting EGP 2.47 billion during the first nine months of 2025, compared to EGP 8.32 billion in the same period of 2024.

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

The data also pointed to the strong performance of Arab banking groups operating in Egypt, which captured four positions among the top 10 fastest-growing private sector banks in net profits during the first nine months of 2025, namely: Abu Dhabi Islamic Bank, Al Baraka Bank, Abu Dhabi Commercial Bank, and National Bank of Kuwait, while other banks were absent from the top ten.

At the level of Islamic banks, Abu Dhabi Islamic Bank and Al Baraka Bank were included among the top 10 fastest-growing private sector banks in net profits, while other Islamic banks did not feature in the leading positions.

Net Profit Evolution of Private Sector Banks Operating in the Egyptian Banking Sector During the First 9M of 2025

# Bank Name Net Profits During the First 9M of 2025 Net Profits During the First 9M of 2024 Growth Rate (%)
1 BANK NXT
BANK NXT
2.61 EGP Bn 1.33 EGP Bn 96.37 %
2 EGBANK
EGBANK
3.18 EGP Bn 1.93 EGP Bn 64.81 %
3 Suez Canal Bank
Suez Canal Bank
5.05 EGP Bn 3.12 EGP Bn 61.78 %
4 Commercial International Bank-CIB
Commercial International Bank-CIB
62.21 EGP Bn 42.56 EGP Bn 46.17 %
5 Abu Dhabi Islamic Bank-ADIB Egypt
Abu Dhabi Islamic Bank-ADIB Egypt
9.18 EGP Bn 6.65 EGP Bn 38 %
6 Bank of Alexandria-Alex Bank
Bank of Alexandria-Alex Bank
11.18 EGP Bn 8.18 EGP Bn 36.8 %
7 alBaraka Bank Egypt
alBaraka Bank Egypt
2.97 EGP Bn 2.23 EGP Bn 33.4 %
8 Abu Dhabi Commercial Bank Egypt- ADCB
Abu Dhabi Commercial Bank Egypt- ADCB
4.39 EGP Bn 3.36 EGP Bn 30.52 %
9 arab african international bank
arab african international bank
12.74 EGP Bn 10.39 EGP Bn 22.52 %
10 NBK Egypt
NBK Egypt
6.14 EGP Bn 5.17 EGP Bn 18.7 %
11 Arab Banking Corporation- ABC
Arab Banking Corporation- ABC
1.79 EGP Bn 1.59 EGP Bn 12.25 %
12 Qatar National Bank-QNB
Qatar National Bank-QNB
21.58 EGP Bn 19.38 EGP Bn 11.31 %
13 Emirates NBD Egypt
Emirates NBD Egypt
4.33 EGP Bn 4.01 EGP Bn 8 %
14 SAIB BANK
SAIB BANK
1.18 EGP Bn 1.28 EGP Bn -7.9 %
15 Credit Agricole Egypt
Credit Agricole Egypt
5.13 EGP Bn 6.06 EGP Bn -15.32 %
16 Attijariwafa Bank Egypt
Attijariwafa Bank Egypt
2.31 EGP Bn 2.76 EGP Bn -16.27 %
17 Al Ahli Bank of Kuwait Egypt -ABK Egypt
Al Ahli Bank of Kuwait Egypt -ABK Egypt
3.44 EGP Bn 5.36 EGP Bn -35.73 %
18 First Abu Dhabi Bank Egypt-FAB
First Abu Dhabi Bank Egypt-FAB
13.24 EGP Bn 21.32 EGP Bn -37.87 %
19 Kuwait Finance House Bank Egypt
Kuwait Finance House Bank Egypt
2.65 EGP Bn 4.72 EGP Bn -43.85 %
20 Faisal Islamic Bank of Egypt
Faisal Islamic Bank of Egypt
2.47 EGP Bn 8.32 EGP Bn -70.3 %