«Emirates NBD»: Becomes the 4th Largest Private Bank in Credit Card Balances by End of 2025
Credit card balances at Emirates NBD Egypt witnessed remarkable growth over the past years, strengthening the bank’s competitive position, enabling it to become the 4th largest private-sector bank in terms of credit card balances by the end of 2025, supported by the efforts of CEO and Managing Director Amr El Shafei and his team.
According to the bank’s periodic financial statements, credit card balances rose to EGP 2.05 bn by the end of 2025, compared to EGP 1.35 bn at the end of 2024, reflecting a strong annual growth rate of 52.4%.
This growth rate is among the highest in the banking sector during 2025, which is reflected in the bank ranking 6th on First Bank’s list of the fastest-growing private banks in Egypt in credit card balances during 2025.
This performance is attributed to several factors, most notably the expansion in card issuance, the introduction of attractive marketing and financing programs, in addition to the increasing adoption of cashless payments in the Egyptian market.
Accordingly, the top five private-sector banks in the credit card balances market include: CIB, HSBC, QNB Egypt, Emirates NBD, and Crédit Agricole Egypt.
Alongside credit card growth, Emirates NBD Egypt recorded strong overall performance in 2025, posting a net profit of EGP 6.1 bn compared to EGP 5.3 bn in 2024, reflecting an annual growth rate of 15%.
Total revenues reached EGP 15.3 bn in 2025, compared to EGP 13.6 bn in 2024, growing by around 12.5% year-on-year.
Shareholders’ equity increased to EGP 23 bn by the end of 2025, compared to EGP 17.4 bn in 2024, recording a 32% annual growth rate.
On the balance sheet side, total assets jumped to EGP 207.53 bn by the end of 2025, compared to EGP 158.93 bn in 2024, reflecting a 31% year-on-year growth. Net customer loans rose to EGP 89.69 bn by the end of 2025, compared to EGP 78.89 bn in 2024, with a growth rate of 13.7% year-on-year.
Customer deposits increased by 32.5% during 2024–2025, reaching EGP 169.89 bn by the end of 2025, compared to EGP 128.18 bn in 2024.
