«Wio Bank» topped «First Bank» list of the Fastest-Growing «Major Arab Banks» by Customers’ Deposits in 2025

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

This was driven by a 65.6% increase in the bank’s customer deposit portfolio over the past year, reaching $15.60 billion by the end of 2025, compared to $9.42 billion at the end of 2024.

The ranking covered major Arab banks, which First Bank defines as banks with total assets exceeding $15 billion. These banks numbered 60 institutions within the list of the largest 100 Arab banks by the end of 2025.

The ranking methodology was based on ordering banks according to the growth rates of their asset portfolios, as disclosed in official financial statements and denominated in U.S. dollars, providing a unified comparison tool among different banking institutions.

The ranking also excluded banks for which official data was unavailable, 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, with net profit rising to $169.26 million in 2025, compared to $107.55 million in 2024, representing an annual growth rate of 57.4%.

Net interest income increased by 47.2% during the past year, reaching $180.38 million in 2025, versus $122.57 million in 2024.

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

The bank’s net financing portfolio jumped 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%.

Meanwhile, the bank’s total asset portfolio rose by 63.5% during the past year, reaching $16.63 billion by the end of 2025, compared to $10.17 billion at the end of 2024.