HDB, Suez Canal Bank, and Al Baraka: The Fastest-Growing Listed Banks for Credit Card Balances in 2025

HDB Claims Top Spot as Suez Canal Bank Follows Closely

Private Banks Dominate 4 out of Top 5 Fastest-Growing Listed Banks for Credit Card Balances; Public Banks Secure One Spot.

Gulf Banking Groups Secure a Single Spot Among the Top Five

Islamic Banks Earn a Single Spot Among the 5 Fastest-Growing Listed Banks for Credit Card Balances

First Bank List of the fastest-growing banks listed on the Egyptian Exchange in credit card balances during 2025 showed that Housing and Development Bank (HDB) took the first place. HDB balances grew by 175.2% during last year to reach 765.35 million EGP at the end of 2025, compared to 278.13 million EGP at the end of 2024.

Suez Canal Bank took the second place, as its credit card balances rose by about 102% during last year to reach 202.67 million EGP at the end of 2025, compared to 100.33 million EGP at the end of 2024.

Al Baraka Bank came in third place because its credit card balances increased by 92.8% during last year to reach 468.52 million EGP at the end of 2025, compared to 243.04 million EGP at the end of 2024.

The First Bank list, which included 11 listed banks that provided their financial data, showed that all of them achieved positive growth rates in credit card balances during 2025. It is worth noting that Faisal Islamic Bank was not on the list because it did not disclose its specific values.

The list also showed that the private sector dominated the top positions. Private banks took 4 out of the top 5 fastest-growing listed banks in credit card balances, including Suez Canal Bank, Al Baraka, EGBANK, and saib.

On the other hand, public banks took only one spot in the top five, which was HDB in the first place.

Regarding Gulf banking groups in Egypt, only one bank made it into the top 5 fastest-growing listed banks, which was Al Baraka Bank. This shows its strong presence not only as a bank owned by a Gulf group but also as the only Islamic bank in the top five.

It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements published by each bank as of end-2025.