ABK-Egypt, alBaraka Bank and Crédit Agricole Egypt record lowest exposure to exchange rate risks in June 2026

First Bank’s ranking of the banks with the lowest exposure to foreign exchange fluctuations in the Egyptian banking market as of June 2026 revealed that Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) topped the list, with an FX risk exposure ratio of 0.00006, supported by foreign currency assets of USD 668.79 mn, compared to foreign currency liabilities of USD 668.83 mn at the end of June 2026.

alBaraka Bank Egypt ranked second, recording an FX risk exposure ratio of 0.0002, as its foreign currency assets reached USD 727.54 mn, compared to foreign currency liabilities of USD 727.39 mn at the end of June 2026.

Crédit Agricole Egypt came in third place, with an FX risk exposure ratio of 0.0022, as its foreign currency assets stood at USD 1.08 bn, compared to foreign currency liabilities of USD 1.09 bn at the end of June 2026.

Meanwhile, First Bank’s Ratings Center launched a specialized index to measure banks’ exposure to foreign exchange fluctuation risks, aiming to provide an accurate quantitative assessment of the balance of banks’ foreign currency positions.

The index methodology is based on measuring the degree of balance between a bank’s foreign currency assets and liabilities through the ratio of total foreign currency assets to total foreign currency liabilities.

A ratio approaching one reflects a relative balance between the two sides, indicating a neutral foreign currency position and a lower level of exposure to foreign exchange market risks.

Conversely, a ratio deviating from one, whether upwards or downwards, reflects a gap in the structure of foreign currency assets and liabilities. Ratios above one indicate that foreign currency assets exceed liabilities, potentially exposing the bank to risks arising from a decline in exchange rates. Meanwhile, ratios below one indicate that foreign currency liabilities exceed assets, increasing exposure to risks arising from a rise in exchange rates.

Accordingly, a ratio close to one represents the optimal position from a foreign exchange risk management perspective, reflecting greater efficiency in matching the structure of assets and liabilities and reducing market risk exposure.

The ranking further showed that 7 banks operating in the Egyptian banking sector maintained their positions among the 10 banks with the lowest exposure to foreign exchange fluctuation risks at the end of June 2026 compared to the end of 2025. These banks are Al Ahli Bank of Kuwait Egypt (ABK-Egypt), alBaraka Bank Egypt, NBK Egypt, Export Development Bank of Egypt (EBank), Emirates NBD Egypt, Banque du Caire (BDC), and The United Bank.

The ranking revealed that 6 foreign banks featured among the top 10 banks, out of 11 foreign banks included in the ranking. These banks are Al Ahli Bank of Kuwait – Egypt (ABK-Egypt), alBaraka Bank Egypt, Crédit Agricole Egypt, National Bank of Kuwait – Egypt (NBK Egypt), Emirates NBD Egypt, and Bank ABC Egypt.

Islamic banks secured one place among the 10 banks with the lowest exposure to foreign exchange fluctuation risks at the end of June 2026, with alBaraka Bank Egypt ranking second.

It is worth noting that all figures and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of June 2026.

Rank	Bank name	Foreign currency assets (USD)	Foreign currency liabilities (USD)	Foreign currency assets / liabilities ratio
1	Al Ahli Bank of Kuwait – Egypt (ABK-Egypt)	668,793	668,829	0.99994
2	alBaraka Bank Egypt	727,544	727,393	1.00021
3	Credit Agricole Egypt	1,082,889	1,085,350	0.99773
4	National Bank of Kuwait – Egypt (NBK Egypt)	1,426,886	1,423,595	1.00231
5	Export Development Bank of Egypt (EBank)	1,384,049	1,374,640	1.00684
6	Emirates NBD Egypt	1,327,148	1,317,081	1.00764
7	Housing and Development Bank (HDB)	141,603,242	140,080,097	1.01087
8	Banque du Caire	2,740,554	2,708,589	1.0118
9	Bank ABC Egypt	588,510	581,426	1.01218
10	The United Bank	663,342	654,914	1.01287
11	Abu Dhabi Islamic Bank – Egypt (ADIB)	2,517,648	2,476,243	1.01672
12	BANK NXT	404,504	419,563	0.96411
13	Qatar National Bank (QNB Egypt)	5,871,775	5,591,770	1.05007
14	AlexBank	713,360	668,513	1.06709
15	Attijariwafa bank Egypt	624,517	583,016	1.07118
16	Commercial International Bank (CIB)	10,774,673	9,993,005	1.07822
17	EGBANK	728,432	792,582	0.91906
18	HSBC Egypt	2,572,057	2,805,059	0.91694
19	Arab African International Bank (AAIB)	11,860,383,000	10,899,460,000	1.08816
20	Banque Misr	31,535,343	27,176,026	1.16041
21	Suez Canal Bank	1,455,203	1,740,772	0.83595
22	Société Arabe Internationale de Banque (SAIB)	1,272,215	1,046,683	1.21547
23	Faisal Islamic Bank of Egypt	2,946,879	2,406,750	1.22442
24	First Abu Dhabi Bank Egypt (FABMISR)	2,354,958	1,884,505	1.24964