The United Bank, ADIB Egypt, and Suez Canal Bank Emerge as the Fastest-Growing EGX-Listed Banks in Corporate Direct Lending in Q1 2026
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«The United Bank» Tops the Ranking, Climbing from 11th Place in the 2025 Classification
«CIB» , «ADIB Egypt» , and «Suez Canal Bank» Maintain Their Positions Among the Top Five During Q1 2026 and FY 2025
EGP 762.4 Billion Total Corporate Direct Lending Portfolio of EGX-Listed Banks, Up 10.4% in Q1 2026
Limited Decline in Corporate Direct Lending Portfolios at Two Listed Banks During Q1 2026
The latest First Bank ranking of the fastest-growing banks listed on the Egyptian Exchange in corporate direct lending during Q1 2026 revealed that The United Bank topped the list, recording a growth rate of 24.16% during the first quarter of 2026. Its corporate direct lending portfolio reached EGP 18.90 billion at the end of March 2026, compared to EGP 15.22 billion at the end of 2025.
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) ranked second, posting a growth rate of 18.75% during Q1 2026, with its corporate direct lending portfolio reaching EGP 106.12 billion at the end of March 2026, compared to EGP 89.36 billion at the end of 2025.
Suez Canal Bank ranked third, as its corporate direct lending portfolio increased by 17.48% during Q1 2026, reaching EGP 50.24 billion at the end of March 2026, compared to EGP 42.77 billion at the end of 2025.
The ranking, which covered 11 banks listed on the Egyptian Exchange, showed that nine banks achieved positive growth rates in their corporate direct lending portfolios, while two banks recorded declines during the first quarter of 2026.
CIB, ADIB Egypt, and Suez Canal Bank maintained their positions among the top five during Q1 2026 and FY 2025. Suez Canal Bank and CIB moved down from first and second places to third and fourth places, respectively, while ADIB Egypt jumped from fifth place to second place.
On the other hand, the total corporate direct lending portfolio of banks listed on the Egyptian Exchange reached EGP 762.41 billion, recording a growth rate of 10.4% during Q1 2026, compared to EGP 690.51 billion at the end of 2025.
It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of March 2026.
Corporate Direct Lending Portfolio Growth of EGX-Listed Banks in Q1 2026
| # | Bank Name | Corporate Direct Loans – March 2026 | Corporate Direct Loans – December 2025 | Growth Rate (%) |
|---|---|---|---|---|
| 1 |
The United Bank |
18.9 EGP bn | 15.22 EGP bn | 24.16 % |
| 2 |
Abu Dhabi Islamic Bank-ADIB Egypt |
106.12 EGP bn | 89.36 EGP bn | 18.75 % |
| 3 |
Suez Canal Bank |
50.24 EGP bn | 42.77 EGP bn | 17.48 % |
| 4 |
Commercial International Bank-CIB |
286.03 EGP bn | 253 EGP bn | 13.06 % |
| 5 |
Export Development Bank of Egypt-EBank |
18.78 EGP bn | 17.43 EGP bn | 7.76 % |
| 6 |
Qatar National Bank-QNB  |
148.31 EGP bn | 139.39 EGP bn | 6.4 % |
| 7 |
alBaraka Bank Egypt |
47.21 EGP bn | 45.84 EGP bn | 2.99 % |
| 8 |
EGBANK |
18.7 EGP bn | 18.3 EGP bn | 2.15 % |
| 9 |
Credit Agricole Egypt |
36.37 EGP bn | 36.3 EGP bn | 0.21 % |
| 10 |
SAIB BANK |
11.45 EGP bn | 11.81 EGP bn | -3.1 % |
| 11 |
Housing and Development Bank-HDB |
20.3 EGP bn | 21.09 EGP bn | -3.77 % |
