First Index: Greater Cairo retains dominance in EBank’s performance in H1 2026

Export Development Bank of Egypt (EBank) recorded total assets rise 8 per cent in the first half of 2026 to EGP 223.45 billion at end-June, from EGP 206.93 billion at end-2025, according to the bank’s standalone financial statements for the six-month period ended 30 June 2026.

Greater Cairo accounts for 97.83% of EBank’s assets

Greater Cairo continued to account for the largest share of EBank’s asset base, representing 97.83 per cent of total assets at the end of June 2026. The region’s assets grew by 8.3 per cent during the first half of 2026, reaching EGP 218.60 billion at the end of June 2026, compared with EGP 201.77 billion at the end of 2025.

Meanwhile, assets in Alexandria, the Delta and Sinai declined to EGP 3.53 billion at the end of June 2026, compared with EGP 4.01 billion at the end of 2025. Consequently, the region’s contribution to EBank’s total asset base fell to 1.58 per cent, from 1.94 per cent at the end of 2025, reflecting the continued concentration of the bank’s assets in Greater Cairo.

Upper Egypt, meanwhile, slightly increased its contribution to the bank’s asset base, accounting for 0.59 per cent of total assets at the end of June 2026, compared with 0.56 per cent at the end of 2025.

The region recorded the fastest asset growth among EBank’s geographic regions, with its assets increasing by 13.9 per cent during the first half of 2026 to EGP 1.32 billion, compared with EGP 1.16 billion at the end of 2025. Despite recording the highest growth rate among the regions, Upper Egypt’s contribution to the bank’s overall asset base remained limited due to its relatively small share.

Overall, EBank’s asset growth during the first half of 2026 was driven primarily by Greater Cairo, amid a decline in assets across Alexandria, the Delta and Sinai and a limited contribution from Upper Egypt. This highlights the continued geographic concentration of the bank’s asset base in its core market.

Greater Cairo drives EBank’s profit growth

EBanks net profit increased by 43.9 per cent during the first half of 2026 to EGP 3.75 billion, compared with EGP 2.61 billion in the corresponding period of 2025.

Greater Cairo remained the largest contributor to EBank’s net profit, accounting for 69.28 per cent of total net profit during the first half of 2026. The region’s net profit increased by 44.4 per cent to EGP 2.60 billion, compared with EGP 1.80 billion in the corresponding period of 2025.

Meanwhile, Alexandria, the Delta and Sinai recorded a 39.5 per cent increase in net profit to EGP 1.04 billion during the first half of 2026, compared with EGP 745.64 million in the corresponding period of 2025. The region contributed 27.73 per cent of EBank’s total net profit during the period.

Upper Egypt recorded the fastest growth in net profit among the bank’s geographic regions, with net profit surging by 86.6 per cent to EGP 112.13 million during the first half of 2026, compared with EGP 60.10 million in the corresponding period of 2025. Its contribution to EBank’s total net profit increased to 2.31 per cent.

The data indicate that Greater Cairo remained the primary driver of EBank’s profitability during the first half of 2026, accounting for the largest share of the bank’s net profit despite the strong growth recorded by Upper Egypt. Meanwhile, the other geographic regions continued to make relatively limited contributions, underscoring the continued concentration of EBank’s earnings in Greater Cairo.