NBK-Egypt, ADIB-Egypt and Emirates NBD Egypt lead foreign bank asset growth in H1 2026

NBK-Egypt tops the ranking with a growth rate of 20.21 per cent

Total assets of 13 foreign banks reach EGP 3.90 tn, growing 8.54 per cent in H1 2026

Gulf banks dominate the top five, while Islamic banks secure three places among the top 10

First Bank’s ranking of foreign banks operating in the Egyptian banking sector by asset growth as of June 2026 revealed that National Bank of Kuwait – Egypt (NBK-Egypt) topped the list, recording a growth rate of 20.21 per cent.

The bank’s assets increased to approximately EGP 270.30 bn at the end of June 2026, compared to EGP 224.86 bn at the end of 2025, representing an increase of EGP 45.44 bn.

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) came in second, recording an asset growth rate of 19.67 per cent, as its total assets reached approximately EGP 411.85 bn at the end of June 2026.

This compared to approximately EGP 344.15 bn at the end of 2025, representing an increase of EGP 67.70 bn, reflecting the bank’s strong expansion in asset size during the first half of 2026.

Emirates NBD Egypt ranked third, recording an asset growth rate of 19.32 per cent, as its total assets increased to approximately EGP 247.63 bn at the end of June 2026.

This compared to approximately EGP 207.53 bn at the end of 2025, representing an increase of EGP 40.10 bn over the first six months of the year.

The ranking tracked the asset performance of 13 foreign banks operating in the Egyptian banking sector, revealing that 12 banks recorded positive growth during H1 2026, while only one bank reported a decline compared to year-end 2025.

The combined assets of the 13 foreign banks increased to approximately EGP 3.90 tn at the end of June 2026, compared to EGP 3.59 tn at the end of 2025.

This represented an increase of EGP 306.60 bn, equivalent to a growth rate of 8.54 per cent during H1 2026, reflecting the overall expansion in the asset base of foreign banks operating in Egypt.

Regarding Islamic banks, ADIB-Egypt secured second place overall, ranking among the top five foreign banks in terms of asset growth, out of three Islamic banks covered by the ranking.

Kuwait Finance House – Egypt ranked seventh, recording an asset growth rate of 8.21 per cent, while Al Baraka Bank Egypt came in ninth, with a growth rate of 3.92 per cent.

Accordingly, all three Islamic banks covered by the ranking secured positions among the top 10 foreign banks in terms of asset growth during the first half of 2026.

At the level of Gulf banks, the ranking revealed their complete dominance of the top five positions, with Kuwaiti banks securing two places through NBK-Egypt and ABK-Egypt.

Meanwhile, UAE banks secured two positions through ADIB-Egypt and Emirates NBD Egypt, while QNB Egypt represented Qatari banks in fourth place, completing the Gulf banks’ dominance of the top five.

Gulf banks also maintained a strong presence among the top 10, securing nine positions out of 10, despite the ranking covering 10 Gulf banks operating in the Egyptian banking sector.

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

Rank	Bank name	Assets as of June 2026 (EGP bn)	Assets as of end-2025 (EGP bn)	Growth rate (%)
1	National Bank of Kuwait – Egypt (NBK-Egypt)	270.3	224.86	20.21%
2	Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt)	411.85	344.15	19.67%
3	Emirates NBD Egypt	247.63	207.53	19.32%
4	Qatar National Bank (QNB Egypt)	1,062.09	915.56	16.00%
5	Al Ahli Bank of Kuwait – Egypt (ABK-Egypt)	196.73	178.11	10.45%
6	Credit Agricole Egypt	159.08	145.64	9.23%
7	Kuwait Finance House – Egypt (KFH-Egypt)	185.9	171.81	8.21%
8	Bank ABC	93.87	90.17	4.11%
9	Al Baraka Bank Egypt	151.6	145.89	3.92%
10	Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt)	180.74	173.97	3.89%
11	Attijariwafa bank Egypt	159.29	154.92	2.82%
12	HSBC Egypt	356.84	352.49	1.23%
13	First Abu Dhabi Bank Misr (FABMISR)	419.99	484.22	-13.27%