Dhabi Islamic Bank -Egypt ADIB-Egypt is an award-winning bank that started its operations in Egypt after the a

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Overview

 Dhabi Islamic Bank -Egypt (ADIB-Egypt) is an award-winning bank that started its operations in Egypt after the acquisition of the National Bank for Development (NBD), through the Emirati consortium between Abu Dhabi Islamic Bank and Emirates International Investment Company (EIIC) in 2007.

Following the acquisition, the paid-up capital doubled almost seven-fold, increased from EGP 281Mn to EGP 2Bn and EGP 4Bn authorized capital. ADIB-Egypt posted EGP 1,228 million net profit end of 2019, which represents a 44% increase compared to year 2018.

The Bank focuses on offering a broad spectrum of Shari’a compliant banking solutions, to cater to the needs of corporate and retail customers, the development of a state-of-the art infrastructure, and revamping its 70 branch network. In addition, it has established an Investment Banking arm, ADIB Capital, ADILease a leasing company, and ADIB Invest an assets management arm.

Confirming its growing position in the banking sector, ADIB-Egypt was awarded: “Best Islamic Financial Institution in Egypt” by Global Finance Magazine, “The Innovators in Islamic Finance” by Global Finance Magazine, “Islamic Bank of the Year” by The Banker Magazine, and “Best Islamic Bank 2019 in Egypt” by Islamic Finance News Magazine .

Mohamed Aly

CEO and Managing Director

Khalifa Almheiri

Executive Director

Rania Al-Mashat

Board Member (independent)

Heidi Kamal

Executive Board Member

Joseph Iskander

Board Member Bassam EL Hage

Bassam EL Hage

Board Member

Abu Dhabi Islamic Bank-ADIB Egypt

First Bank index is the first digital indicator in Egypt and MENA for measuring and catogrising banks' financial performance

EGP 14.5 bn
Total Shareholders’ equity by end of 2023
53.46%
Loan-to-Deposit Ratio (LDR) by Dec-2023end
EGP 49.1 bn
Total corporate loans by 2023end
EGP 18.3 bn
Total retail loans by end of 2023
17.97%
Capital adequacy ratio by end of 2023
39.82%
Return on shareholders equity at 2023
3.25%
Return on assets at 2023
49%
Composite index of growth at 2023
2021
Best Islamic Retail Bank in Egypt by Islamic Finance News
2018
Best Islamic Retail Bank in Egypt Islamic Business and Finance
2018
Best Islamic SME Bank in North Africa Islamic Business and Finance
2018
Best Islamic SME Bank in North Africa from the Banker Africa
2018
Best Islamic SME Bank in North Africa from the Banker Africa
2018
Best Islamic Retail Bank in Africa Banker Africa