Retail Index: Attijariwafa bank Egypt's retail deposits surge 154.3% to EGP 52.27bn

Attijariwafa bank Egypt strengthened its retail deposits portfolio, which increased from EGP 20.55 bn at end-2021 to EGP 52.27 bn by end of June 2026, marking an increase of EGP 31.72 bn and a growth rate of 154.34 per cent. This performance was supported by successive increases in portfolio balances, with growth accelerating in 2025 and maintaining strong momentum throughout H1 2026.

Accelerating growth supports portfolio expansion

Retail deposits increased to EGP 21.97 bn by end-2022, growing 6.9 per cent, before reaching EGP 26.94 bn by end-2023, with a growth rate of 22.6 per cent. The portfolio continued expanding in 2024, reaching EGP 33.87 bn, with growth of 25.7 per cent.

The portfolio recorded its strongest annual performance in 2025, increasing by approximately EGP 10.99 bn to reach EGP 44.86 bn, reflecting a growth rate of 32.44 per cent.

This development highlights the accelerating pace of retail deposit growth year after year, both in terms of the value of increases and the growth rate achieved.

The bank continued to strengthen its retail deposit balances during the first six months of 2026, which rose from EGP 44.86 bn at end-2025 to EGP 52.27 bn by end-June 2026, recording an increase of EGP 7.41 bn and a growth rate of 16.5 per cent.

This increase exceeded the growth in total customer deposits, which rose by EGP 2.70 bn during the period to reach EGP 134.21 bn by end-June 2026. Consequently, retail deposits accounted for 38.94 per cent of total customer deposits, compared to 34.11 per cent at end-2025, marking an increase of 4.83 percentage points.

Retail deposits contribute nearly one-third of total deposit growth

Between end-2021 and June 2026, total customer deposits increased by approximately EGP 96.54 bn, while retail deposits contributed EGP 31.72 bn of this growth, representing 32.86 per cent of the overall increase.

These indicators reflect the bank's success in expanding its retail deposit base and strengthening its contribution to overall deposit growth, as the portfolio continued to increase across all reported periods, with a notable rise in its relative share over the last 18 months.