Mohamed El-Etreby Named in First Bank’s List of Top Egyptian Banking Executives for 2025
At a time of intensifying challenges within the banking sector, Mohamed El-Etreby has been recognized by First Bank as one of Egypt’s premier executive leaders.
His strategic vision has not only reshaped the performance of the National Bank of Egypt (NBE) but has also solidified its position as the country's undisputed market leader, outperforming competitors by a significant margin.
Under El-Etreby’s leadership, NBE has achieved record-breaking profitability while maintaining its standing among the Top 10 banks in the Middle East, demonstrating exceptional resilience amidst global economic volatility.
During the first nine months of 2025, the bank continued its stellar performance, recording a Net Profit of EGP 132.23 bn, an 11.7% increase compared to EGP 118.37 bn in the same period of 2024.
Pre-tax profits saw even more substantial growth, rising by 29.9% to reach EGP 242.72 bn.
The bank’s core revenue streams also showed strong momentum; Net Interest Income increased by 23.9% to reach EGP 250.93 bn, while Net Fees and Commissions Income grew by an impressive 38.1%, totaling EGP 26.21 bn by the end of September 2025.
Balance Sheet Expansion
The bank’s financial position remains robust, with Total Assets surging to EGP 8.93 tn by the end of Q3-2025, marking a 9.8% growth since the end of 2024.
Customer Deposits rose to EGP 5.63 tn, reflecting a 13.4% growth rate and deep-seated depositor confidence.
Meanwhile, the Total Loan Portfolio climbed to EGP 4.53 tn, representing a 14.8% expansion (an absolute increase of EGP 583.47 bn) within the first nine months of the year.
