Suez Canal Bank, BANK NXT lead retail banking growth in H1 2026
Strong retail banking performance puts Suez Canal Bank at the top of the ranking
22 banks outpace the sector’s average retail banking growth of 7.7% in H1 2026
Islamic banks have a limited presence, with only one of the four banks included ranking among the top 10
Suez Canal Bank topped First Bank’s ranking of the fastest-growing banks operating in Egypt in retail banking in H1 2026, with its retail banking portfolio growing by 51.1 per cent.
This was driven by a 61.5 per cent half-year increase in retail deposits, which reached EGP 60.27 bn at end-June 2026. The bank’s retail loans stood at EGP 13.57 bn, up 17.5 per cent over the same period.
BANK NXT ranked second, with its retail banking portfolio growing by 34.3 per cent in H1 2026. The bank's retail deposits rose by 36.9 per cent over the period to EGP 47.17 bn at end-June 2026, while retail loans reached EGP 23.19 bn, up 29.4 per cent.
Kuwait Finance House Bank – Egypt (KFH-Egypt) came third, with its retail banking portfolio expanding by 31per cent in H1 2026.
Retail deposits increased by 27.1 per cent over the period to EGP 48.25 bn at end-June 2026, while retail loans rose by 46.1 per cent to EGP 14.43 bn. KFH-Egypt was the only Islamic bank to rank among the top 10, out of the four Islamic banks included in the ranking.
The ranking covered 28 banks for which the required financial data were available. All banks analysed recorded growth in their retail banking portfolios in H1 2026.
The ranking was based on a composite index developed by First Bank, combining the growth rates of each bank’s retail loans and retail deposits to assess performance in retail banking over the period.
The combined retail banking portfolios of the 28 banks grew by 7.7 per cent in H1 2026. This reflected a 6.9 per cent increase in retail deposits, which reached approximately EGP 9.65 tn at end-June, alongside a 12.9 per cent rise in retail loans to approximately EGP 1.53 tn.
A total of 22 banks outperformed the sector’s average growth rate of 7.7 per cent, indicating that most banks recorded growth above the market average in H1 2026.
Gulf banks operating in Egypt secured five places among the top 10, reflecting their performance in retail banking during H1 2026. KFH-Egypt ranked third, followed by First Abu Dhabi Bank Misr (FABMISR) in fifth place, National Bank of Kuwait – Egypt (NBK-Egypt) in sixth, Emirates NBD Egypt in seventh, and QNB Egypt in eighth.
All figures and growth rates cited in this analysis are based on the standalone financial statements published by each bank.
| Rank | Bank Name | Retail Deposits as of June 2026 (EGP bn) | Retail Deposit Growth Rate (per cent) | Retail loans of June 2026 (EGP bn) | Retail loans Growth Rate (per cent) | Retail Banking Sector Growth Rate (per cent) |
|---|---|---|---|---|---|---|
| 1 |  Suez Canal Bank | 60.27 | 61.51% | 13.57 | 17.48% | 51.10% |
| 2 |  BANK NXT | 47.17 | 36.89% | 23.19 | 29.36% | 34.31% |
| 3 |  Kuwait Finance House – Egypt (KFH) | 48.25 | 27.07% | 14.43 | 46.12% | 31.00% |
| 4 |  Export Development Bank of Egypt (EBank) | 26.59 | 24.24% | 17.52 | 26.82% | 25.25% |
| 5 |  First Abu Dhabi Bank Misr (FABMISR) | 89.76 | 20.29% | 29.42 | 12.19% | 18.19% |
| 6 |  National Bank of Kuwait – Egypt (NBK) | 105.84 | 14.14% | 31.73 | 25.12% | 16.50% |
| 7 |  Emirates NBD Egypt | 80.11 | 15.36% | 25.44 | 16.74% | 15.69% |
| 8 |  QNB Alahli | 333.74 | 16.04% | 92.00 | 13.43% | 15.46% |
| 9 |  Agricultural Bank of Egypt | 135.25 | 15.00% | 8.29 | 29.00% | 15.29% |
| 10 |  Attijariwafa bank Egypt | 52.27 | 16.52% | 14.60 | 10.82% | 15.23% |
| 11 |  Commercial International Bank Egypt (CIB) | 741.27 | 14.50% | 103.36 | 12.01% | 14.19% |
| 12 |  Egyptian Gulf Bank (EGBANK) | 31.47 | 19.42% | 34.82 | 8.34% | 13.33% |
| 13 | Crédit Agricole Egypt | 46.17 | 15.44% | 18.07 | 5.93% | 12.59% |
| 14 |  Bank of Alexandria (AlexBank) | 170.07 | 13.15% | 41.49 | 9.71% | 12.46% |
| 15 |  Abu Dhabi Islamic Bank – Egypt (ADIB) | 147.96 | 9.95% | 57.69 | 19.38% | 12.44% |
| 16 |  Arab African International Bank (AAIB) | 324.49 | 9.30% | 37.18 | 20.10% | 10.32% |
| 17 |  Bank ABC Egypt | 22.98 | 9.76% | 6.27 | 11.48% | 10.12% |
| 18 |  Housing and Development Bank (HDB) | 113.59 | 8.96% | 36.69 | 11.39% | 9.55% |
| 19 |  HSBC Egypt | 134.82 | 9.82% | 19.47 | 2.58% | 8.85% |
| 20 |  Al Baraka Bank Egypt | 89.62 | 8.14% | 19.94 | 10.28% | 8.52% |
| 21 |  Abu Dhabi Commercial Bank Egypt (ADCB) | 32.28 | 9.46% | 14.35 | 5.99% | 8.37% |
| 22 |  Banque du Caire | 263.95 | 9.58% | 106.92 | 4.51% | 8.07% |
| 23 |  The United Bank | 50.46 | 5.71% | 10.98 | 16.41% | 7.48% |
| 24 |  Faisal Islamic Bank of Egypt | 203.51 | 7.32% | 4.43 | 2.93% | 7.22% |
| 25 |  National Bank of Egypt (NBE) | 4,200.00 | 4.95% | 500.00 | 14.06% | 5.84% |
| 26 |  Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) | 48.48 | 8.48% | 26.12 | -0.88% | 5.01% |
| 27 |  Societe Arabe Internationale de Banque (saib) | 54.67 | 1.48% | 31.09 | 10.24% | 4.49% |
| 28 |  Banque Misr | 2,134.36 | 2.01% | 194.35 | 12.50% | 2.81% |
