«HSBC», «NBK – Egypt», and «Emirates NBD» Lead Asset Growth Among Egyptian Banks in Q1 2026

HSBC Tops the List, Climbing from Eighth Place in the 2025 Ranking

Total Assets of 25 Banks Operating in Egypt Reach EGP 9.06 Trillion, Growing by 10% During Q1 2026

«CIB» Maintains Its Position as the Largest Private-Sector Bank by Total Assets, While Arab African International Bank Ranks Second

Total Assets of Islamic Banks Reach EGP 1.01 Trillion by the End of March 2026, Up from EGP 919.78 Billion at the End of 2025, Recording a Growth Rate of 10.2% During Q1 2026

First Bank’s ranking of the fastest-growing banks in Egypt’s banking sector by assets during the first quarter of 2026 revealed that HSBC topped the list, recording an asset growth rate of 18%. The bank’s asset portfolio reached EGP 416.04 bn by the end of March 2026, compared with EGP 352.49 bn at the end of 2025.

National Bank of Kuwait – Egypt «NBK Egypt» secured second place after its asset portfolio increased by 14.6% during the first quarter of 2026, reaching EGP 257.71 bn by the end of March 2026, compared with EGP 224.86 bn at the end of 2025.

Emirates NBD Egypt ranked third, with its asset portfolio rising by approximately 14.4% to EGP 237.47 bn during Q1 2026, compared with EGP 207.53 bn at the end of 2025.

First Bank’s ranking tracked the asset portfolios of 25 banks operating within the Egyptian banking sector for which financial statements were available. The analysis showed that all surveyed banks achieved positive growth rates during the first quarter of 2026.

At the sector level, the combined assets of the 25 banks operating in the Egyptian market reached EGP 9.06 tn by the end of March 2026, representing a growth rate of 10% compared with EGP 8.23 tn at the end of 2025.

Commercial International Bank «CIB» maintained its position as the largest private-sector bank in Egypt by total assets, recording EGP 1.56 tn by the end of March 2026. Arab African International Bank ranked second, with total assets amounting to EGP 1.03 tn during the same period.

Regarding Islamic banks, their combined assets reached EGP 1.01 tn by the end of March 2026, compared with EGP 919.78 bn at the end of 2025, reflecting a growth rate of 10.2% during the first quarter of 2026.

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 the end of March 2026.