QNB Egypt’s corporate loans rise by EGP66.60bn in the first nine months of 2026
QNB Egypt’s corporates segment delivered strong performance during the first nine months of 2026, driven by expanding corporate lending and growing deposits, reinforcing its key role in supporting the Bank’s lending activity and strengthening its funding base.
Corporate loans rise to EGP450.33bn in 9M 2026
According to the standalone financial statements, QNB Egypt’s corporate loans portfolio increased to EGP450.33bn at end-September 2026, compared to EGP383.73bn at year-end 2025, recording a growth rate of 17.4 per cent and an increase of EGP66.60bn during the first nine months of the current year.
This growth was primarily driven by the expansion of direct loans, which increased by 24.5 per cent during the period under review, reaching EGP173.57bn at end-September 2026, compared to EGP139.39bn at year-end 2025, recording an increase of EGP34.19bn.
Meanwhile, corporate overdraft balances rose to EGP207.13bn at end-September 2026, compared to EGP185.48bn at year-end 2025, recording a growth rate of 11.7 per cent and an increase of EGP21.65bn.
The Bank also continued to expand its syndicated loans portfolio, which increased to EGP63.50bn at end-September 2026, compared to EGP54.28bn at year-end 2025, recording a growth rate of 17 per cent and an increase of EGP9.22bn.
Other corporate loans recorded the highest growth rate among the portfolio’s main components, rising by 33.7 per cent during the first nine months of 2026 to reach EGP6.13bn at end-September, compared to EGP4.58bn at year-end 2025, recording an increase of EGP1.55bn.
Corporate loans accounted for approximately 82.30 per cent of the Bank’s total customer loans at end-September 2026, contributing around 80.91 per cent of the increase in the overall portfolio since the beginning of the current year, reflecting the segment’s leading role in supporting the Bank’s lending expansion.
Total customer loans increased to EGP547.16bn at end-September 2026, compared to EGP464.84bn at year-end 2025, recording a growth rate of 17.7 per cent and a total increase of EGP82.31bn during the first nine months of the current year.
Corporate deposits exceed EGP602bn, accounting for 63.15 per cent of total customer deposits
On the funding side, corporate deposits at QNB Egypt increased to EGP602.87bn at end-September 2026, compared to EGP491.70bn at year-end 2025, recording a growth rate of 22.6 per cent and an increase of EGP111.17bn during the first nine months of the current year.
Corporate deposits accounted for approximately 63.15 per cent of the Bank’s total customer deposits at end-September, remaining the largest component of its deposit base. They also contributed around 63.37 per cent of the increase in total customer deposits during the period under review, highlighting the segment’s pivotal role in strengthening the Bank’s funding resources.
Total customer deposits at the Bank increased to EGP954.74bn at end-September 2026, compared to EGP779.31bn at year-end 2025, recording a growth rate of 22.5 per cent and an increase of EGP175.43bn during the first nine months of the current year.
These indicators highlight the importance of the corporates segment to QNB Egypt’s operations, as it accounts for more than four-fifths of the Bank’s loans portfolio and around two-thirds of its deposit base, while contributing the largest share of growth in both loans and deposits during the period under review.
A comparison of the growth indicators also reveals that corporate deposits expanded at a faster pace than corporate loans during the first nine months of 2026, further strengthening the segment’s role in providing funding resources for the Bank while supporting continued expansion in corporate lending.
