Al Baraka Bank Egypt climbs 4 places among Egypt’s largest banks by financing portfolio

Translated & Edited by Aya Elsayed

Al Baraka Bank Egypt strengthened its standing in Egypt’s financing market, climbing from 20th place at end-2021 to 16th at end-June 2026.

The advance came alongside a sharp expansion in its financing portfolio, which rose from EGP 24.26bn to EGP 83.13bn over the period, an increase of EGP 58.87bn, or 242.7 per cent.

By June 2026, the portfolio had expanded to around 3.4 times its end-2021 level. Yet the growth was uneven across its components. Corporate financing remained the largest segment by value, while retail financing grew at a significantly faster pace, materially reshaping the portfolio mix.

Corporate financing increased from EGP 21.78bn at end-2021 to EGP 63.18bn at end-June 2026, representing growth of 190.1 per cent and taking the portfolio to around 2.9 times its previous level.

It contributed EGP 41.4bn to the overall increase, accounting for around 70 per cent of total portfolio growth. Despite this, its share of total financing fell from 89.8 per cent to around 76 per cent over the period, reflecting the stronger expansion in retail financing.

Retail financing, meanwhile, surged from EGP 2.48bn at end-2021 to EGP 19.94bn at end-June 2026, an increase of EGP 17.46bn, or 703.7 per cent.

The portfolio expanded to around eight times its end-2021 level, lifting its share of total financing from around 10.2 per cent to nearly 24 per cent. This shifted retail financing from a relatively limited component into a far more influential part of the portfolio structure.

The reshaping of the financing portfolio was accompanied by a sharp increase in its weight within the bank’s total assets.

The financing-to-assets ratio rose from 29.5 per cent at end-2021 to 54.83 per cent at end-June 2026, meaning financing moved from accounting for less than one-third of total assets to more than half.

The figures reveal a clear divergence between growth momentum and absolute contribution. Retail financing expanded at more than three times the pace of corporate financing, yet corporate financing still accounted for the larger share of the increase in value terms, reflecting its substantially higher starting base.

Even so, the sharp acceleration in retail financing was sufficient to materially increase its weight within the overall portfolio.

Al Baraka Bank Egypt’s rise in the ranking by financing portfolio size therefore reflects more than a significant expansion in financing activity.

It also points to a notable rebalancing of the portfolio, with corporate financing remaining the dominant component while retail financing assumes a much greater role, resulting in a broader and more diversified financing mix.