Housing and Development Bank advances 11 places on the list of the largest Arab banks in just one year!
First Bank
The «First Bank» largest 100 Arab Banks List revealed a notable improvement in the ranking of Housing and Development Bank by the end of 2025.
The bank climbed to 93rd place, up from 104th in the 2024 ranking—an advance of 11 positions—reflecting the efforts of Hassan Ghanem, the bank’s CEO and Managing Director, along with his team.
This progress was supported by strong growth in total assets, which increased by 36.5% during 2025 to reach $4.82 billion, compared to $3.53 billion at the end of 2024—an increase of $1.29 billion.
This performance underscores the bank’s growing competitive strength at the regional level, placing it on an upward trajectory that could further improve its ranking in the coming period if the same momentum continues.
In addition to asset growth, Housing and Development Bank recorded strong performance across key indicators in 2025.
Net profit rose to $360.71 million, up from $217.15 million in 2024, representing a year-on-year growth rate of 66.1%.
Net interest income also increased by about 55.4%, reaching $578.34 million in 2025, compared to $372.19 million in 2024.
Meanwhile, net fee and commission income grew to $23.60 million in 2025, up from $18.76 million in 2024—an annual increase of approximately 25.8%.
On the deposits side, the bank’s portfolio expanded by around 31.7% during 2025, reaching $3.76 billion by year-end, compared to $2.85 billion in 2024.
Customer financing also rose, with net loans increasing to $1.26 billion by the end of 2025, up from $1 billion by the end of 2024—marking a 26% growth during 2025.
