Attijariwafa delivers strong profitability after five years of growth

Attijariwafa bank Egypt recorded a notable improvement in profitability over the past five years, reflected in stronger returns.

The return on average equity (ROAE) of the bank increased to 20.68 per cent in the first half of 2026, compared with 7.96 per cent in the same period of 2021.

The return on average assets (ROAA) rose to 1.89 per cent in the first six months of 2026, compared with1.04 per cent in the same period of 2021.

The advance in both ratios mainly driven by 571.5 per cent increase in the net profit, which went up by EGP 1.26 bn to reach EGP 1.48 bn in the first six months of 2026, compared to EGP 220.87 mn in the first six months of 2021. However, the growth in the assets and equity of the bank remained moderate.

The total assets of the bank increased from EGP 44.13 bn at the end of June 2021 to EGP 159.29 bn at the end of June 2026, representing a growth of 261 per cent within a period of five years.

The equity of the shareholders grew by about 156.6 per cent, from EGP 5.59 bn at the end of June 2021 to EGP 14.35 bn at the end of June 2026.

The bank’s earnings per share rose 33.6 per cent over the past five years to EGP 26.7 in H1 2026, from EGP 19.98 in the same period of 2021.

In general, the performance of Attijariwafa Bank Egypt was impressive during the current year. Assets of the bank reached EGP 159.3 bn at the end of June 2026, compared with EGP 154.9 billion at the end of 2025, which indicates the increase of 2.8 per cent.

Deposits of the bank customers increased to EGP 134.2 bn at the end of June 2026, compared with EGP 131.5 bn at the end of 2025, an increase of 2.1 per cent during the first half of 2026.

Moreover, loan portfolio of the bank also increased to EGP 80.5 bn at the end of June 2026, compared with EGP 69.3 bn at the end of 2025, which is an increase of 16.1 per cent during the first half of 2026.

The net interest income recorded EGP 3.48 bn during the first half of 2026, which was up from EGP 3.33 bn for the corresponding period in the previous year, reflecting growth of 4.3 per cent.

On the other hand, the net fees and commissions income increased to EGP 650 mn compared to EGP 569 mn, which is a growth of 14.3 per cent.

Net profit amounted to EGP 1.48 bn during the first half of 2026, compared with EGP 1.45 bn in the previous year, indicating a growth of 2.6 per cent.