«Faisal Islamic», «AlexBank», and «Al Baraka» Lead Private Sector Banks in Retail Deposit Concentration by End-September 2025

«Faisal Islamic», «AlexBank», and «Al Baraka» Lead Private Sector Banks in Retail Deposit Concentration by End-September 2025

«Faisal Islamic» Tops the List… Bank of Alexandria Follows

EGX-Listed Banks Capture Half of the Top 10 Private Banks in Retail Deposit Concentration

Strong Presence of Foreign Banking Groups… 7 Spots Among the Top Ten

Islamic Banks Secure 3 Positions Among the Top 10 Private Banks in Retail Deposit Concentration

The «First Bank» list of private sector banks with the highest concentration in retail deposits by the end of September 2025 revealed that «Faisal Islamic Bank of Egypt» ranked first, recording a concentration ratio of 97.02%, after its retail deposit portfolio reached approximately EGP 184.85 billion, compared with total customer deposits of EGP 190.52 billion by the end of last September.

«Bank of Alexandria» ranked second, with 81.67% of its total customer deposit portfolio concentrated in retail deposits, amounting to about EGP 141.61 billion, while its total customer deposits reached approximately EGP 173.40 billion by the end of September 2025.

«Al Baraka Bank Egypt» came in third place, recording a concentration ratio of 66.95%, after its retail deposit portfolio reached about EGP 79.39 billion, compared with total customer deposits of EGP 118.57 billion by the end of September 2025.

The list tracks the deposit composition strategies of 21 private banks operating in the Egyptian banking sector for which financial data were available during the period under analysis. It particularly highlights banks’ efforts to diversify certificates of deposit and retail banking products to attract more individual customers.

The ranking relies on the retail deposits-to-total deposits ratio, providing an indicator of the extent to which each bank’s deposit base is concentrated in retail deposits. The analysis is based on the standalone financial statements disclosed by each bank.

The list also revealed that banks listed on the Egyptian Exchange captured half of the top ten positions among private sector banks with the highest concentration in retail deposits. These include «Faisal Islamic Bank of Egypt», «Al Baraka Bank Egypt», «Commercial International Bank Egypt», «Abu Dhabi Islamic Bank Egypt», and «QNB Egypt».

Foreign banking groups operating in Egypt also demonstrated a strong presence, occupying seven positions among the top ten banks. These include «Bank of Alexandria», «Al Baraka Bank Egypt», «HSBC Bank Egypt», «National Bank of Kuwait – Egypt», «Abu Dhabi Islamic Bank Egypt», «Emirates NBD Egypt», and «QNB Egypt».

Islamic banks secured three positions among the top ten private sector banks with the highest concentration in retail deposits. «Faisal Islamic Bank of Egypt» ranked first, «Al Baraka Bank Egypt» ranked third, while «Abu Dhabi Islamic Bank Egypt» ranked seventh.

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