«Suez Canal Bank», «BANK NXT» and «Kuwait Finance House» were the fastest-growing banks in retail deposits during Q1 2026

Suez Canal Bank Retains the Top Position, Reflecting Its Ability to Deliver Strong and Sustainable Growth in Retail Deposits

Four banks maintained their presence among the top ten fastest-growing banks in retail deposits during both Q1 2026 and the 2025 classification 

Commercial International Bank «CIB» reinforced its position as the leading private-sector bank, while the Arab African International Bank «AAIB» ranked second

Total retail deposits at 25 banks operating in the Egyptian market reached EGP 3.23 trillion, recording a growth rate of 10.1% during the first quarter of 2026

«The First Bank» ranking, which monitors the development of retail deposit portfolios among banks operating in the Egyptian banking sector during Q1 2026, revealed that Suez Canal Bank maintained its leading position, reflecting its ability to achieve strong and sustainable growth. This performance was supported by a 38.9% increase in its retail deposits portfolio, which reached EGP 51.85 billion by the end of March 2026, compared to EGP 37.32 billion at the end of 2025.

«BANK NXT» ranked second after its retail deposits portfolio grew by 21.6% during the first three months of 2026, reaching EGP 41.92 billion by the end of March, compared to EGP 34.46 billion at the end of 2025.

Kuwait Finance House – Egypt secured third place, as its retail deposits portfolio expanded by approximately 18.4% on a quarterly basis, reaching EGP 44.96 billion by the end of March 2026, compared to EGP 37.97 billion at the end of 2025.

«The First Bank» ranking tracked the retail deposit portfolios of 25 banks operating in the Egyptian banking sector for which financial statements were available. The results showed that all banks achieved positive growth rates during Q1 2026.

The ranking also highlighted that four banks successfully maintained their presence among the top ten fastest-growing banks in retail deposits during both Q1 2026 and the 2025 classification. «Suez Canal Bank» retained its leadership position, while «BANK NXT» remained in second place.

Meanwhile, «Kuwait Finance House» ranked third during Q1 2026, up from fifth place in the 2025 classification. «FABMISR» also improved its position, climbing to sixth place from tenth place in last year's ranking.

At the sector level, total retail deposits across the 25 surveyed banks reached EGP 3.23 trillion by the end of March 2026, compared to EGP 2.93 trillion at the end of 2025, reflecting a growth rate of 10.1% during the first quarter of 2026.

The ranking further revealed that five foreign banks appeared among the top ten fastest-growing banks, out of 14 foreign banks included in the survey. These were «Kuwait Finance House», HSBC Egypt, «FABMISR», «Crédit Agricole» , and National Bank of Kuwait – Egypt «NBK Egypt».

Commercial International Bank «CIB» maintained its leadership among private-sector banks with retail deposits totaling EGP 719.08 billion by the end of March 2026. Meanwhile, the Arab African International Bank «AAIB» ranked second with retail deposits amounting to EGP 322.43 billion by the end of March 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.