Top 10 Credit Card Managers in the Egyptian Banking Sector for 2025

Amid Rapid Expansion in the Banking Sector, Credit Cards Become a Key Pillar of Competition and Customer Loyalty

Amid the rapid expansion of the banking sector, credit cards are no longer merely a tool for providing instant liquidity or facilitating deferred purchases. They have evolved into one of the main pillars of competition among banks and a key driver of customer loyalty, supported by smarter rewards programs and advanced digital payment experiences aligned with modern consumption patterns.

With intensifying competition and accelerating digital transformation, a number of banking leaders have succeeded in creating a qualitative shift in the credit card sector by building clear strategies and implementing innovative marketing solutions. These efforts have contributed to maximizing usage rates, enhancing customer experience, and achieving a delicate balance between growth, profitability, and efficient credit portfolio management.

In this context, First Bank presents its list of the Top 10 Credit Card Managers for 2025, based on professional criteria including portfolio size, achieved growth rates, the level of innovation in customer programs and benefits, as well as the efficiency of portfolio management and its ability to deliver sustainable growth.

The ranking is limited to leaders who spent a full nine months of 2025 in their positions to ensure accuracy and credibility of the assessment.

Lamia Khattab… Managing the Largest Portfolio in the Banking Sector

Lamia Khattab, General Manager of Cards at the National Bank of Egypt, tops the list of banking leaders who have successfully driven a tangible transformation in the credit card sector by managing the largest card portfolio across the entire Egyptian banking industry.

Her strategic vision and innovation-driven approach have strengthened the National Bank of Egypt’s position as a key driver of financial inclusion and one of the leading institutions advancing banking product development.

Under her leadership, the credit card portfolio has become a benchmark for efficiency and sustainability, achieving exceptional growth rates supported by precise strategies that respond to customer needs and keep pace with market developments, thereby reinforcing the bank’s competitiveness and leadership in this vital activity.

According to the bank’s standalone financial statements, credit card balances rose to EGP 28.98 billion by the end of September 2025, compared to EGP 24.99 billion at the end of 2024, representing a growth rate of 16% and an overall increase of EGP 3.99 billion.

Amr Refky… Managing the Largest Credit Card Portfolio in the Private Sector

Amr Refky, Head of Credit Cards at Commercial International Bank (CIB), is one of the most influential leaders in the Egyptian banking sector, having led the credit card business to achieve remarkable expansion that strengthened the bank’s competitiveness in this vital segment.

Under his leadership, CIB successfully expanded and managed the largest credit card portfolio among private-sector banks in Egypt, leveraging a clear strategy based on disciplined expansion and data analytics.

During the first nine months of 2025, credit card balances increased to EGP 17.48 billion by the end of September 2025, compared to EGP 15.03 billion at the end of 2024, recording a growth rate of 16.3% and an absolute increase of EGP 2.45 billion.

Amr Thabet… Leading One of the Fastest-Growing Portfolios in the Market

Amr Thabet, Head of the Card Center at Housing and Development Bank, excelled in developing the credit card business by launching innovative and diversified programs that meet customer needs and offer competitive advantages.

As a result of his efforts, credit card balances rose to EGP 579.21 million by the end of September 2025, compared to EGP 278.13 million at the end of 2024, representing growth of approximately 108.2% and an increase of EGP 301.07 million, placing the bank at the top of First Bank’s list of the fastest-growing listed banks in credit card balances during the first nine months of 2025.

Mohamed Goweida… Fastest-Growing Private Sector Bank

Mohamed Goweida, Head of Credit Cards at BANK NXT, delivered a major performance breakthrough in the credit card market by launching innovative solutions and services tailored to diverse customer needs.

He directly contributed to expanding the bank’s credit card base through competitive benefits, enhanced digital payment experiences, and simplified operational processes. He also strengthened strategic partnerships with technology companies to provide flexible and secure payment solutions that elevate customer experience and support banking innovation.

As a result, credit card balances reached EGP 785.86 million by the end of September 2025, compared to EGP 392.63 million at the end of 2024, achieving a growth rate of 100.2%, ranking BANK NXT first on First Bank’s list of the fastest-growing private-sector banks in Egypt in credit card balances during the first nine months of 2025.

Ola El Komy… Managing a Large Portfolio with Strong Competitive Advantages

Ola El Komy, Head of Credit Cards at Banque Misr, is one of the prominent banking leaders who achieved tangible success in managing one of the largest credit card portfolios in the Egyptian banking sector.

Under her leadership, the bank expanded its credit card business, achieving notable growth in both the number of issued cards and total spending volumes, reflecting the effectiveness of her management strategies.

During the past year, credit card balances increased to EGP 14.20 billion by the end of September 2025, compared to EGP 10.82 billion at the end of 2024, representing a growth rate of 31.3% and an absolute increase of EGP 3.39 billion.

Mahmoud El Ghatrefy… Strong Performance in Credit Cards

Mahmoud El Ghatrefy, Head of Cards at Al Ahli Bank of Kuwait – Egypt (ABK-Egypt), has established himself as a distinguished leader in credit card management by delivering a unique banking experience to customers.

He led innovative initiatives to develop products aligned with market needs, with a focus on offering exclusive benefits such as travel and shopping programs.

These efforts resulted in the credit card portfolio growing to EGP 1.2 billion by the end of September 2025, compared to EGP 861.86 million at the end of 2024, achieving a strong growth rate of 39.2%.

Heba El Hammamy… Managing a Large Portfolio with High Professionalism

Heba El Hammamy, Head of the Card Center at Emirates NBD Egypt, played a pivotal role in driving growth in the bank’s credit card business.

Under her leadership, a wide range of competitive products were launched, attracting new customers and strengthening the bank’s market position, with a strong focus on developing distinctive offers that meet diverse customer needs.

As a result, credit card balances increased by 36% during the first nine months of 2025, reaching EGP 1.84 billion by the end of September 2025, compared to EGP 1.35 billion at the end of 2024.

Mohamed El Shoraky… Fastest-Growing Islamic Bank in the Market

Mohamed El Shoraky, Head of Card Products and Consumer Finance at Al Baraka Bank, delivered a qualitative leap in the bank’s card business by developing Sharia-compliant products that meet the needs of various customer segments.

He enhanced customer experience through tailored financial solutions and successfully launched marketing initiatives that attracted new customers and increased the bank’s market share.

As a result, credit card balances rose to EGP 413.79 million by the end of September 2025, compared to EGP 243.04 million at the end of 2024, achieving a growth rate of 70.3%, ranking second on First Bank’s list of the fastest-growing private-sector banks in Egypt during the first nine months of 2025.

Atef El Dagheedy… Managing a Large Portfolio with Strong Offers

Atef El Dagheedy, Head of Retail Financing at National Bank of Kuwait – Egypt, achieved strong progress in the bank’s credit card business.

He successfully expanded the credit card portfolio and attracted a broader customer base by developing innovative products that enhance customer loyalty.

Accordingly, credit card balances increased to EGP 1.08 billion by the end of September 2025, compared to EGP 792.99 million at the end of 2024, reflecting a growth rate of 36.8%.

Mohamed Osama… Strong Portfolio Growth and Highly Competitive Products

Mohamed Osama, Head of Credit Cards at Banque du Caire, led a qualitative transformation in the bank’s credit card business by managing a large portfolio and introducing innovative customer-focused solutions.

He focused on enhancing rewards programs and installment options, offering competitive advantages in travel and shopping, improving electronic payment security and speed, and launching innovative marketing campaigns that strengthened the bank’s positioning in the credit card market.

As a result, credit card balances increased to EGP 4.0 billion by the end of September 2025, compared to EGP 3.19 billion at the end of 2024, achieving a growth rate of 25.3%.