ADIB, QNB Egypt and Emirates NBD lead foreign banks in Egypt in H1 2026
ADIB tops First Bank's composite growth index with an 84.3% growth rate
Gulf banks dominate the top five positions
Islamic banks secure one place among the top five
First Bank's ranking of the fastest-growing foreign banks operating in Egypt during H1 2026 revealed that Abu Dhabi Islamic Bank – Egypt (ADIB) topped the list, recording a composite growth rate of 84.3 per cent during the first six months of the year, supported by a 19.62 per cent increase in customer deposits, 28 per cent growth in total customer financing, and a 21.57 per cent rise in net profit on a half-year basis.
QNB Egypt secured second place, recording a composite growth rate of 73.7 per cent during H1 2026. This strong performance was driven by a 16.8 per cent increase in customer deposits, 11.6 per cent growth in total customer loans, and a 20.4 per cent rise in net profit on a half-year basis.
Emirates NBD Egypt ranked third, posting a composite growth rate of 70.5 per cent during the first half of 2026, supported by a 9.6 per cent increase in net profit on a half-year basis, alongside growth of 19.3 per cent in customer loans and 13 per cent in customer deposits.
First Bank's composite growth index assessed the performance of foreign banks operating in Egypt's banking sector based on four key indicators reflecting their actual performance during H1 2026: net profit growth, total loans growth, customer deposits growth, and total assets growth excluding loans, given that loans were already included as a separate indicator in the composite index. The indicators were assigned different relative weights.
Regarding Islamic banks, they secured only one place among the five fastest-growing banks in the ranking, out of three Islamic banks included in the assessment: ADIB, Kuwait Finance House – Egypt, and alBaraka Bank Egypt, with ADIB claiming the top position.
As for the Gulf banks included in the ranking, they secured all five positions among the top performers. These banks were ADIB, QNB Egypt, Emirates NBD Egypt, National Bank of Kuwait – Egypt (NBK-Egypt), and Al Ahli Bank of Kuwait – Egypt (ABK-Egypt).
It is worth noting that all 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 | Asset growth excluding loans in H1 2026 | Loans growth in H1 2026 | Profit growth in H1 2026 | Deposits growth in H1 2026 | Composite growth rate |
|---|---|---|---|---|---|---|
| 1 |  Abu Dhabi Islamic Bank – Egypt (ADIB) | 12.40% | 28.00% | 21.60% | 19.60% | 84.27% |
| 2 |  Qatar National Bank (QNB Egypt) | 19.60% | 11.60% | 20.40% | 16.80% | 73.68% |
| 3 |  Emirates NBD Egypt | 18.60% | 19.30% | 9.60% | 13.00% | 70.51% |
| 4 |  National Bank of Kuwait – Egypt (NBK-Egypt) | 18.70% | 21.10% | 2.20% | 14.30% | 70.23% |
| 5 |  Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) | 18.90% | 1.20% | 29.80% | 14.60% | 68.43% |
| 6 |  Credit Agricole Egypt | 10.00% | 8.10% | 2.10% | 14.70% | 60.14% |
| 7 |  Kuwait Finance House – Egypt (KFH) | -0.70% | 14.80% | 19.20% | 6.10% | 58.61% |
| 8 |  HSBC Egypt | 0.30% | 4.40% | 29.00% | 3.40% | 53.72% |
| 9 |  Attijariwafa bank Egypt | -7.50% | 16.10% | 2.60% | 2.10% | 47.61% |
| 10 |  Al Baraka Bank Egypt | -0.60% | 9.50% | -5.50% | 3.90% | 44.69% |
| 11 |  Abu Dhabi Commercial Bank – Egypt (ADCB) | -5.60% | 18.50% | -30.40% | 2.10% | 37.94% |
| 12 |  Bank ABC Egypt | -1.00% | 12.00% | -40.30% | 5.30% | 35.11% |
| 13 |  First Abu Dhabi Bank Misr (FABMISR) | -12.90% | -12.50% | -8.10% | -10.60% | 13.11% |