10 banks’ credit card teams stand out on three-year portfolio growth
BANK NXT’s credit card team tops the ranking, supported by strong performance over the past 3 years
Only 4 foreign banks rank among the top 10 out of 11 foreign banks included in the ranking
Seventeen banks outperform the 42.1% average CAGR recorded by the 25 banks included in the ranking over the past 3 years
Strong representation for Islamic banks’ credit card teams, with 2 among the top 10 out of 3 Islamic banks included in the ranking
BANK NXT’s credit card team topped First Bank’s ranking of the fastest-growing credit card teams over the past three years, recording a compound annual growth rate (CAGR) of 199.6 per cent.
The performance was supported by exceptional growth over the period, with the bank’s credit card balances rising to EGP 1.03bn at end-2025, from EGP 38.32m at end-2022.
Al Baraka Bank Egypt’s credit card team ranked second, with its credit card balances recording a CAGR of 150.8 per cent over the past three years, reaching EGP 468.52m at end-2025, compared with EGP 29.71m at end-2022.
Alongside Al Baraka Bank Egypt’s second-place ranking, Islamic banks secured another position among the top 10, with Kuwait Finance House – Egypt’s (KFH Egypt) credit card team ranking fourth with a CAGR of 88.5 per cent. Islamic banks therefore claimed two of the leading positions out of the three Islamic banks included in the ranking.
Housing and Development Bank’s (HDB) credit card team ranked third, recording a CAGR of 99.9 per cent over the past three years. Its credit card balances reached EGP 765.35m at end-December 2025, compared with EGP 95.77m at end-2022.
First Bank’s ranking tracked the performance of credit card teams at 25 banks operating in Egypt’s banking sector for which the required financial data were available over the past three years, from 2022 to 2025. The data showed that all credit card teams recorded positive compound annual growth rates over the period.
At the sector level, the data showed that the first 17 banks in the ranking, out of 25, exceeded the sector’s average CAGR of 42.1 per cent over the past three years, while the remaining banks recorded growth rates below that average over the same period.
Among the foreign banks included in the ranking, four secured places among the 10 fastest-growing credit card teams over the past three years out of 11 foreign banks covered by the ranking: Al Baraka Bank Egypt, KFH Egypt, Abu Dhabi Commercial Bank – Egypt (ADCB Egypt), and National Bank of Kuwait – Egypt (NBK Egypt).
The ranking also showed that Egypt’s two largest state-owned banks were absent from the leading positions, with Banque Misr’s credit card team ranking 11th and National Bank of Egypt’s (NBE) credit card team ranking 20th.
All figures and growth rates cited above are based on each bank’s disclosed standalone financial statements.
| Ranking | Bank | Compound annual growth rate (CAGR) (2022–2025) |
|---|---|---|
| 1 |  Bank NXT | 199.56% |
| 2 |  Al Baraka Bank Egypt | 150.78% |
| 3 |  Housing and Development Bank (HDB) | 99.93% |
| 4 |  Kuwait Finance House Bank – Egypt (KFH-Egypt) | 88.49% |
| 5 |  Export Development Bank of Egypt (EBank) | 84.76% |
| 6 |  Suez Canal Bank | 77.14% |
| 7 |  Abu Dhabi Commercial Bank – Egypt (ADCB Egypt) | 76.60% |
| 8 |  National Bank of Kuwait – Egypt (NBK-Egypt) | 68.10% |
| 9 |  EG Bank | 64.26% |
| 10 |  Banque du Caire | 63.62% |
| 11 |  Banque Misr | 61.18% |
| 12 |  Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) | 58.26% |
| 13 |  Arab African International Bank (AAIB) | 56.15% |
| 14 |  ALEXBANK | 55.45% |
| 15 |  Emirates NBD Egypt | 54.47% |
| 16 |  Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) | 48.73% |
| 17 |  HSBC Bank Egypt | 40.60% |
| 18 |  Arab International Bank (AIB) | 39.51% |
| 19 |  saib | 38.65% |
| 20 |  National Bank of Egypt (NBE) | 36.07% |
| 21 |  Commercial International Bank – Egypt (CIB) | 33.66% |
| 22 |  The United Bank | 26.32% |
| 23 | QNB Egypt | 26.17% |
| 24 |  Attijariwafa bank Egypt | 21.00% |
| 25 |  Credit Agricole Egypt | 17.94% |
