First Index: Post-Acquisition.. «Kuwait Finance House – Egypt» Achieves a Surge in Financing Market Under the Leadership of Hala Saadek
Kuwait Finance House – Egypt recorded strong growth in its financing portfolio following its acquisition of Ahli United Bank, with results exceeding expectations that customer base stability might be affected after the transition to an Islamic bank. Instead, the bank continued to attract new clients and expand its financing portfolio at a rapid pace, driven by the philosophy of Hala Saadek, Chief Executive Officer and Managing Director, who focused on strengthening internal stability and implementing a balanced growth strategy that supported the expansion of Sharia-compliant credit. Customer financing portfolio witnessed exceptional growth over the past four years, increasing by 100.2% a rise of 48.45 EGP bn, reaching 96.82 EGP bn by the end of 2025, compared to 48.37 EGP bn at the end of 2022. This performance was driven by strong expansion in corporate financing, which grew by 88.3%, rising from 50.39 EGP bn in 2022 to 94.91 EGP bn in 2025, an increase of more than 44.51 EGP bn, reflecting the bank’s strategy of supporting corporate and large institutional clients. At the same time, the bank strengthened its retail banking presence, as retail financing rose by 218% to reach 9.88 EGP bn by the end of 2025, compared to 3.10 EGP bn in 2022, an increase of 6.77 EGP bn. Direct corporate financing also grew strongly by 77.5%, reaching 69.71 EGP bn in 2025 compared to 39.28 EGP bn in 2022, an increase of 30.43 EGP bn. Syndicated financing recorded growth of 63.2%, reaching 10.73 EGP bn in 2025 compared to 6.57 EGP bn in 2022, an increase of 4.16 EGP bn. On the deposits side, the bank achieved significant expansion, with customer deposits rising by 102.5% an increase of 71.55 EGP bn, reaching 141.35 EGP bn in 2025 compared to 69.80 EGP bn in 2022. Total assets also grew by 101%, increasing by 86.31 EGP bn to reach 171.81 EGP bn in 2025 compared to 85.49 EGP bn in 2022. Issued and paid-in capital doubled during the period, rising by 100% to reach 10 EGP bn in 2025 compared to 5 EGP bn in 2022, an increase of 5 EGP bn. On the profitability side, net profits recorded strong growth of 103.5%, increasing by 2.08 EGP bn to reach 4.08 EGP bn in 2025 compared to 2.01 EGP bn in 2022.
