First Index: Corporates fuel 93% of ABC’s credit growth in Q1 2026

Arab Banking Corporation’s (Bank ABC) financial statements for the period ended 31 March 2026 showed that customer loans rose 8 per cent in Q1 2026 to EGP 42.39 billion from EGP 39.26 billion at end-2025, an increase of EGP 3.13 billion.

The strong increase in total loans was driven by a EGP 2.92 billion rise in corporate loans, the largest component of the bank’s lending portfolio, which accounted for about 93 per cent of the increase in customer loans during Q1 2026.

Corporate loans increased by 8.7 per cent during the first three months of 2026, reaching EGP 36.55 billion at the end of March 2026, compared to EGP 33.63 billion at the end of 2025.

This growth increased the share of corporate loans in the bank’s total loan portfolio to 86.2 per cent at the end of March 2026, compared to 85.7 per cent at the end of 2025.

Meanwhile, the share of retail loans in the bank’s total customer loans declined marginally to 13.8 per cent at the end of March, compared to 14.3 per cent at the end of 2025.

The retail loan portfolio stood at approximately EGP 5.84 billion at the end of March 2026, compared to EGP 5.63 billion at the end of 2025, representing growth of 3.7 per cent during Q1 2026.

In terms of the bank’s financial performance during Q1 2026, its asset portfolio increased by 7.4 per cent to approximately EGP 96.83 billion at the end of March, compared to EGP 90.17 billion at the end of 2025.

The bank’s financial investments portfolio also increased by approximately 4.7 per cent during the first quarter of the year, reaching EGP 27.49 billion at the end of March 2026, compared to EGP 26.26 billion at the end of 2025.

Customer deposits surged by 8.5 per cent during the first quarter of the year, reaching EGP 79.92 billion at the end of March 2026, compared to EGP 73.64 billion at the end of 2025, an increase of EGP 6.28 billion.