«Wio Bank» topped «First Bank» list of the Fastest-Growing Major Arab Bank by Assets in 2025

The latest rankings by «First Bank» revealed that Wio Bank topped the list of the fastest-growing major Arab banks by assets during 2025.

This was driven by a 63.5% increase in the bank’s asset portfolio during the past year, reaching $16.63 billion by the end of 2025, compared to $10.17 billion at the end of 2024.

The ranking covered major Arab banks, which are defined by the “First Bank” Rankings Center as banks with total assets exceeding $15 billion. These banks numbered 60 institutions within the list of the Top 100 Arab Banks by the end of 2025.

The ranking was also based on the growth rates of reported asset portfolios denominated in U.S. dollars, providing a unified comparison tool among different banking institutions. The ranking excluded banks for which no official data was available, in order to ensure the accuracy of the results and the reliability of the adopted methodology.

Overall, Wio Bank delivered strong performance during the past year, as its net profits increased to $169.26 million during 2025, compared to $107.55 million during 2024, reflecting an annual growth rate of 57.4%.

Net interest income also rose by 47.2% during the past year, reaching $180.38 million in 2025, compared to $122.57 million in 2024.

Fee and commission income, along with other revenues, jumped to $158.76 million during 2025, compared to $96.20 million during 2024, recording an annual growth rate of 65%.

As for customer deposits, the bank’s portfolio increased by 65.6% during the past year, reaching $15.60 billion by the end of 2025, compared to $9.42 billion at the end of 2024.

Net financing portfolio surged to $920.57 million by the end of 2025, compared to $208.84 million at the end of 2024, reflecting a year-on-year growth rate of 340.8%.