«AlexBank», «BANK NXT» and «Kuwait Finance House – Egypt» were the fastest-growing banks in net fee and commission income during Q1 of 2026

AlexBank Tops the Ranking, Rising from Third Place in Q1 2025, Reflecting Its Efficiency in Expanding Non-Interest Banking Activities

«The First Bank» ranking, which monitors the development of net fee and commission income among banks operating in the Egyptian banking sector during the first quarter of 2026, revealed that «AlexBank» topped the list, moving up from third place during the corresponding period of 2025. This reflects the bank’s efficiency in expanding non-interest banking activities. The performance was supported by a 40.1% increase in net fee and commission income, reaching EGP 827.44 million during the first three months of 2026, compared to EGP 590.61 million during the same period of 2025.

«BANK NXT» ranked second after recording a 36% growth in net fee and commission income during the first quarter of 2026, reaching EGP 185 million, compared to EGP 136.04 million during the corresponding period of 2025.

«Kuwait Finance House – Egypt» secured third place, as its net fee and commission income increased by approximately 23.8%, reaching EGP 267.53 million during Q1 2026, compared to EGP 216.18 million during the first three months of 2025.

«The First Bank» ranking tracked net fee and commission income across 24 banks operating in the Egyptian banking sector for which financial statements were available. The results showed that 17 banks achieved positive growth rates, while seven banks recorded noticeable declines during Q1 2026.

The ranking also highlighted that four banks successfully maintained their presence among the top ten fastest-growing banks in net fee and commission income during the first quarters of both 2025 and 2026. «AlexBank» climbed to the top position from third place in the Q1 2025 ranking, while «ADCB» Egypt moved up to fourth place from sixth place.

Meanwhile, Commercial International Bank «CIB» ranked seventh during Q1 2026, up from tenth place in the Q1 2025 ranking. «ADIB-Egypt» ranked eighth, down from fourth place during the first quarter of the previous year.

At the sector level, total net fee and commission income generated by the 24 surveyed banks reached EGP 13.88 billion during the first quarter of 2026, compared to EGP 13.20 billion during the corresponding period of 2025, reflecting a growth rate of 5.2%.

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

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.