At a time of intensifying challenges within the banking sector, Tamer Waheed has been recognized by First Bank

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Tamer Waheed Named in First Bank’s List of Top Egyptian Banking Executives for 2025

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At a time of intensifying challenges within the banking sector, Tamer Waheed Vice Chairman & Managing Directorof Arab African International Bank (AAIB), has been recognized by First Bank as one of Egypt’s premier executive leaders.

Under his leadership, the bank strengthened its market presence through innovative, customer-focused solutions, becoming the fourth largest bank in Egypt.

He also successfully reduced the bank’s non-performing loan ratio to its lowest level in the past decade and led the bank to rank among the top 50 banks in the Arab region.

During 2025, the bank delivered a strong financial performance, recording a Net Profit of EGP 17.85 bn, reflecting a growth rate of 31%.

Pre-tax profits also witnessed robust growth, rising to EGP 25.78 bn, representing an increase of 29%.

Total Assets grew by 3.5% to reach EGP 955.24 bn, reflecting an absolute increase of EGP 32.03 bn.

Meanwhile, Customer Deposits increased to EGP 687.08 bn, marking a growth rate of 2.2% and an absolute increase of EGP 14.68 bn.

Shareholders’ Equity rose to EGP 141.49 bn, reflecting a growth rate of 6.7% and an absolute increase of EGP 8.86 bn.

Total Loans to Customers rose to EGP 240.67 bn, reflecting a growth rate of 19.1% and an absolute increase of EGP 38.58 bn.