<?xml version="1.0" encoding="utf-8"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"><channel><title>FirstBank</title><link>https://en.firstbankeg.com/</link><description>First digital institution in Egypt for financial and banking ratings </description><language>ar</language><copyright>جميع الحقوق محفوظة © 2026 FirstBank</copyright><lastBuildDate>Wed, 08 Jul 2026 06:04:41 +0200</lastBuildDate><image><url>https://en.firstbankeg.com/UserFiles/SiteImages/Logo.png</url><title>FirstBank</title><link>https://en.firstbankeg.com/</link></image><item><guid isPermaLink="true">https://en.firstbankeg.com/13148</guid><link>https://en.firstbankeg.com/13148</link><title>Egypt’s banking sector performance on EGX at Tuesday</title><description /><pubDate>Tue, 07 Jul 2026 20:37:29 +0200</pubDate><a10:updated>2026-07-07T20:37:29+02:00</a10:updated><a10:content type="html">&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Tuesday, July 7, 2026, recording an increase in its market capitalization by 0.85%, reaching EGP 904.12 billion at the end of today&amp;rsquo;s session, compared to 896.49 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.60% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 1.057 billion, representing 8.44% of the total trading value on the exchange today. A total of 15.987 million shares were traded in the sector, accounting for 0.40% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with an increase in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index rose by 0.96% to close at 53.300 points, while the EGX70 index increased by 0.51% to 16.215 points, and the EGX100 index gained 0.49% to close at 22.032 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/07/13148.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13147</guid><link>https://en.firstbankeg.com/13147</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Tuesday, July 7, 2026</title><description /><pubDate>Tue, 07 Jul 2026 15:08:00 +0200</pubDate><a10:updated>2026-07-07T15:08:00+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Tuesday 7 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 48.76 for buying and EGP 48.86&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 48.84 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 48.76 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 55.72 for buying and EGP 55.89 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 55.77 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 55.82 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.29 for buying and EGP 65.44 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 65.25 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CA&amp;raquo; at EGP 65.34 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 12.99&amp;nbsp;for buying and EGP 13.01 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.04&amp;nbsp; at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CA&amp;raquo; at EGP 12.99 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 158.49 for buying and EGP 158.87&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 159.19 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 157.57 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.27 for buying and EGP 13.30 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.30 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CA&amp;raquo; at EGP 13.28 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/07/13147.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13146</guid><link>https://en.firstbankeg.com/13146</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Tuesday trading</title><description /><pubDate>Tue, 07 Jul 2026 10:30:43 +0200</pubDate><a10:updated>2026-07-07T10:30:43+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Tuesday 7 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 48.80 for buying and EGP 48.91 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 48.94 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 48.82 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 55.72 for buying and EGP 55.84&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 565.93 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 55.85 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.13 for buying and EGP 65.28 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 65.37 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Credit Agricole&amp;raquo; at EGP 65.24&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi&amp;nbsp;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 12.99 for buying and EGP 13.02&amp;nbsp; for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.04 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Faisal&amp;raquo; &amp;nbsp;at EGP 13.01&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 158.65 for buying and EGP 159.02&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 159.34&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Suez Canal&amp;raquo; at EGP 157.47 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.29 for buying and EGP 13.32&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.32 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CIB&amp;raquo; at EGP 13.30&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/07/13146.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13145</guid><link>https://en.firstbankeg.com/13145</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Al Ahli Bank of Kuwait – Egypt announces a new strategic partnership with Egyptian Food Bank to support Smallholder Farmers and Poultry Breeders in Beni Suef</title><description>Al Ahli Bank of Kuwait Egypt ABK-Egypt announced the launch of a new strategic partnership with the Egypti</description><pubDate>Tue, 07 Jul 2026 09:35:34 +0200</pubDate><a10:updated>2026-07-06T13:18:00+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;Al Ahli Bank of Kuwait &amp;ndash; Egypt (ABK-Egypt) announced the launch of a new strategic partnership with the Egyptian Food Bank (EFB) as part of the economic empowerment projects in Beni Suef Governorate. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The initiative aims to support smallholder farmers and poultry breeders, enhance their productivity, and help them achieve sustainable income over a 12-month period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;This partnership aligns with the Bank&amp;rsquo;s corporate social responsibility strategy, which focuses on supporting sustainable development initiatives and creating long-term social and economic impact. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;Through this collaboration, ABK-Egypt seeks to improve income opportunities for beneficiary families, promote economic inclusion, and contribute to strengthening food security &lt;/span&gt;for underserved communities across Egypt&lt;span style="color:black"&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Commenting on the partnership, the Egyptian Food Bank affirms that economic empowerment projects represent a key pillar of its strategy as they play a pivotal role in creating sustainable and lasting impact in the lives of beneficiaries.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;EFB also highlighted that building partnerships within the banking sector, particularly with ABK-Egypt, reflect both parties&amp;rsquo; firm belief in the importance of integrated efforts in driving comprehensive community development, empowering productive segments of society, and enabling them to become active contributors in the development of the economy.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;ABK-Egypt remains committed to implementing a comprehensive CSR strategy that contributes to the sustainable development of communities across Egypt. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The Bank continues to support national efforts in various fields and actively participates in initiatives launched by the Central Bank of Egypt (CBE) aimed at supporting development across various sectors of society.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/07/13145.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13144</guid><link>https://en.firstbankeg.com/13144</link><title>Egypt’s banking sector performance on EGX at Monday</title><description /><pubDate>Mon, 06 Jul 2026 16:18:07 +0200</pubDate><a10:updated>2026-07-06T16:18:07+02:00</a10:updated><a10:content type="html">&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Monday, July 6, 2026, recording an increase in its market capitalization by 2.25%, reaching EGP 896.49 billion at the end of today&amp;rsquo;s session, compared to 876.77 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.51% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 892.492 million, representing 7.30% of the total trading value on the exchange today. A total of 9.979 million shares were traded in the sector, accounting for 0.20% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with an increase in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index rose by 2.58% to close at 52.502 points, while the EGX70 index increased by 1.12% to 16.132 points, and the EGX100 index gained 1.25% to close at 21.925 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/06/13144.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13143</guid><link>https://en.firstbankeg.com/13143</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Monday, July 6, 2026</title><description /><pubDate>Mon, 06 Jul 2026 15:30:21 +0200</pubDate><a10:updated>2026-07-06T15:30:21+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Monday 6 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 48.80 for buying and EGP 48.91 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 48.94 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 48.82 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 55.72 for buying and EGP 55.84 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 55.93 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 55.85 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.13&amp;nbsp;for buying and EGP 65.28 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 65.28 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.20 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 12.99&amp;nbsp;for buying and EGP 13.02 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.04 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Faisal&amp;raquo; at EGP 13.01 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 158.65&amp;nbsp;for buying and EGP 159.02 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 159.34 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 157.64 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.29 for buying and EGP 13.32 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.32 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CA&amp;raquo; at EGP 13.30 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/06/13143.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13142</guid><link>https://en.firstbankeg.com/13142</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«Faisal Islamic Bank», «Arab African International Bank» and «The United Bank» Lead Egyptian Banks in Leverage Ratio as of March 2026</title><description /><pubDate>Mon, 06 Jul 2026 12:30:20 +0200</pubDate><a10:updated>2026-07-06T12:30:20+02:00</a10:updated><a10:content type="html">&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&amp;laquo;Faisal Islamic Bank&amp;raquo; Tops the Ranking, Advancing from Fifth Place in the 2025 Classification&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Relative stability among the top 10 banks, with &amp;laquo;CIB&amp;raquo; emerging as the new entrant&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Foreign banks secure 4 positions within the top 10, out of 13 foreign banks included in the ranking&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;21 banks exceed the sector average leverage ratio of 7.6%, while only 2 banks remain below the average as of March 2026&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&amp;laquo;First Bank&amp;rsquo;s ranking&amp;raquo; of the best-performing banks by leverage ratio as of March 2026 revealed that &amp;laquo;Faisal Islamic Bank of Egypt&amp;raquo; topped the list, recording a leverage ratio of 13.6% by the end of March 2026.&lt;/p&gt;&lt;p dir="ltr"&gt;Arab African International Bank &amp;laquo;AAIB&amp;raquo;&amp;nbsp;ranked second with a leverage ratio of 13.39%, while &amp;laquo;The United Bank&amp;raquo; secured third place with a leverage ratio of 12.97%.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking, which covered 23 banks operating in the Egyptian banking sector, showed that 21 banks achieved leverage ratios above the sector average of 7.6% as of March 2026, while only two banks recorded ratios below the average, according to the latest data issued by the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The leverage ratio reflects the relationship between Tier 1 Capital, as used in the Capital Adequacy Ratio framework (after regulatory deductions), and the bank&amp;rsquo;s total exposures, including both on-balance-sheet and off-balance-sheet assets, without applying risk-weight adjustments.&lt;/p&gt;&lt;p dir="ltr"&gt;It is calculated by dividing Tier 1 Capital, after deductions, by the bank&amp;rsquo;s total on- and off-balance-sheet exposures that are not weighted for risk. Banks are required to disclose both the leverage ratio and the components of its numerator and denominator within their financial statements.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking also showed that nine banks maintained their presence among the top 10 institutions in terms of leverage ratio in both 2025 and March 2026. Meanwhile, Commercial International Bank &amp;laquo;CIB&amp;raquo; emerged as the sole new entrant, securing tenth place by the end of March 2026 after ranking twelfth in the 2025 classification.&lt;/p&gt;&lt;p dir="ltr"&gt;Foreign banks captured four positions within the top 10, out of the 13 foreign banks included in the ranking. These were &amp;laquo;Kuwait Finance House &amp;ndash; Egypt&amp;raquo;, &amp;laquo;ABC Egypt&amp;raquo;, &amp;laquo;ABK-Egypt&amp;raquo;&amp;nbsp;and &amp;laquo;FABMISR&amp;raquo;.&lt;/p&gt;&lt;p dir="ltr"&gt;All figures and ratios mentioned above are based on the standalone financial statements announced by each bank as of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/06/13142.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13141</guid><link>https://en.firstbankeg.com/13141</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Monday trading</title><description /><pubDate>Mon, 06 Jul 2026 10:37:45 +0200</pubDate><a10:updated>2026-07-06T10:37:45+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Monday 6 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 48.89 for buying and EGP 48.99&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.10 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 48.92 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 55.90 for buying and EGP 56.03&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;EALB&amp;raquo; at EGP 56.12 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.09 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.27 for buying and EGP 65.41&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;EALB&amp;raquo; at EGP 65.51&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.46&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi&amp;nbsp;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.02 for buying and EGP 13.05&amp;nbsp; for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.08 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Faisal&amp;raquo; &amp;nbsp;at EGP 13.03 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 158.91&amp;nbsp;for buying and EGP 159.29&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 159.58 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 158.01 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.31 for buying and EGP 13.34 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.37 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Faisal&amp;raquo; at EGP 13.32&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/06/13141.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13140</guid><link>https://en.firstbankeg.com/13140</link><title>Egypt’s banking sector performance on EGX at Sunday</title><description>the banking sector in the Egyptian Stock Exchange closed in todays trading session on Sunday, July 5, 2026, r</description><pubDate>Sun, 05 Jul 2026 22:03:57 +0200</pubDate><a10:updated>2026-07-05T22:03:57+02:00</a10:updated><a10:content type="html">&lt;h1 data-end="158" data-section-id="cmo0wb" data-start="105"&gt;&amp;nbsp;&lt;/h1&gt;&lt;p data-end="446" data-start="160"&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Sunday, July 5, 2026, recording a decrease in its market capitalization by 2.68%, reaching EGP 876.77 billion at the end of today&amp;rsquo;s session, compared to 900.93 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p data-end="599" data-start="448"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.40% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="862" data-start="601"&gt;Trading value on banking sector stocks reached EGP 310.987 million, representing 3.84% of the total trading value on the exchange today. A total of 4.689 million shares were traded in the sector, accounting for 0.20% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="1138" data-start="864"&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with an increase in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p data-end="1331" data-start="1140"&gt;The benchmark EGX30 index increased by 1.18% to close at 51.130 points, while the EGX70 index increased by 1.74% to 15.954 points, and the EGX100 index gained 1.52% to close at 21.655 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/05/13140.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13139</guid><link>https://en.firstbankeg.com/13139</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«Housing &amp; Development Bank», «Bank of Alexandria» and «FABMISR» Lead Egyptian Banks in Capital Adequacy Ratio as of March 2026</title><description /><pubDate>Sun, 05 Jul 2026 16:13:47 +0200</pubDate><a10:updated>2026-07-05T16:13:47+02:00</a10:updated><a10:content type="html">&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&amp;laquo;Housing &amp;amp; Development Bank&amp;raquo; Maintains Leadership in Capital Adequacy Ratio, Reflecting the Sustainability of Its Strong Financial Position and Ability to Maintain High Capital Coverage Levels&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Top 10 banks maintain their presence among the leading institutions between 2025 and March 2026&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Foreign banks secure 6 positions within the top 10, out of 13 foreign banks included in the ranking&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;13 banks exceed the sector average of 19.6%, while 11 banks remain below the average as of March 2026&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&amp;laquo;First Bank&amp;rsquo;s ranking&amp;raquo; of the best-performing banks in terms of Capital Adequacy Ratio&amp;nbsp;within the Egyptian banking sector as of March 2026 revealed that Housing &amp;amp; Development Bank retained the top position, recording a capital adequacy ratio of 38.49%.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;laquo;Bank of Alexandria&amp;raquo; ranked second with a capital adequacy ratio of 28.16% as of March 2026.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, First Abu Dhabi Bank Egypt &amp;laquo;FABMISR&amp;raquo;&amp;nbsp;secured third place, posting a capital adequacy ratio of 28.04%.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;laquo;The First Bank ranking&amp;raquo;, which covered 24 banks operating in the Egyptian banking sector, showed that 13 banks achieved capital adequacy ratios above the sector average of 19.6%, according to the latest data published by the Central Bank of Egypt.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking also highlighted the stability of the top 10 banks in terms of capital adequacy between 2025 and the first quarter of 2026, although competition continued to reshape their positions within the list.&lt;/p&gt;&lt;p dir="ltr"&gt;Foreign banks captured six positions among the top 10 institutions, out of the 13 foreign banks included in the ranking. These banks were &amp;laquo;FABMISR&amp;raquo;, &amp;laquo;HSBC Egypt&amp;raquo;, &amp;laquo;Bank of Alexandria&amp;raquo;, &amp;laquo;QNB Egypt&amp;raquo;, &amp;laquo;National Bank of Kuwait &amp;ndash; Egypt&amp;raquo;&amp;nbsp;and &amp;laquo;ABK-Egypt&amp;raquo;.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking further revealed that more than half of the analyzed banks exceeded the sector average of 19.6% by the end of March 2026, reflecting the strong capital bases maintained by a broad segment of Egyptian banks and their ability to sustain high levels of financial solvency.&lt;/p&gt;&lt;p dir="ltr"&gt;The list of the top 10 banks by capital adequacy ratio also witnessed changes in ranking positions between 2025 and the first quarter of 2026, despite the same banks remaining within the top 10. Housing &amp;amp; Development Bank maintained its leadership position, while Bank of Alexandria advanced to second place.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, &amp;laquo;FABMISR&amp;raquo; moved down to third place, while both Commercial International Bank &amp;laquo;CIB&amp;raquo;&amp;nbsp;and Faisal Islamic Bank of Egypt improved their rankings. &amp;laquo;HSBC Egypt&amp;raquo; slipped to sixth place, whereas &amp;laquo;QNB Egypt&amp;raquo; retained its position. The lower ranks of the top 10 also saw an exchange of positions between &amp;laquo;ABK-Egypt&amp;raquo; and &amp;laquo;National Bank of Kuwait &amp;ndash; Egypt&amp;raquo;.&lt;/p&gt;&lt;p dir="ltr"&gt;All figures and ratios mentioned above are based on the standalone financial statements announced by each bank as of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/05/13139.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13138</guid><link>https://en.firstbankeg.com/13138</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Sunday, July 5, 2026</title><description /><pubDate>Sun, 05 Jul 2026 15:24:46 +0200</pubDate><a10:updated>2026-07-05T15:24:46+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Sunday 5 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 48.89 for buying and EGP 48.99 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 48.92 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 55.90 for buying and EGP 56.03 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;EALB&amp;raquo; at EGP 56.12 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.09 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.27 for buying and EGP 65.41 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;EALB&amp;raquo; at EGP 65.51 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.46 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.02 for buying and EGP 13.05 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.08 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Faisal&amp;raquo; at EGP 13.03 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 158.91 for buying and EGP 159.29 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 159.58 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 158.01 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.31&amp;nbsp;for buying and EGP 13.34 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.37 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Faisal&amp;raquo; at EGP 13.32 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/05/13138.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13137</guid><link>https://en.firstbankeg.com/13137</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Sunday trading</title><description /><pubDate>Sun, 05 Jul 2026 09:59:09 +0200</pubDate><a10:updated>2026-07-05T09:59:09+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Sunday 5 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 49.08 for buying and EGP 49.18&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.20 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;FABMISR&amp;raquo; at EGP 49.10 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 55.88 for buying and EGP 56.00&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;NXT&amp;raquo; at EGP 56.00&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 56.09 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 64.98 for buying and EGP 65.13 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;NXT&amp;raquo; at EGP 64.98 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 65.15 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi&amp;nbsp;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.06 for buying and EGP 13.09&amp;nbsp; for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.10 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; &amp;nbsp;at EGP 13.07 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 159.36 for buying and EGP 159.74&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 160.10&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 158.975 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.36 for buying and EGP 13.39 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.40&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;EFABMISR&amp;raquo; at EGP 13.37&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/05/13137.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13136</guid><link>https://en.firstbankeg.com/13136</link><title>«ADIB Egypt», «ADCB», and «Al Ahli Kuwaiti» Are the Fastest-Growing Foreign Banks by Equity Over the Past 5 Years</title><description /><pubDate>Thu, 02 Jul 2026 16:11:05 +0200</pubDate><a10:updated>2026-07-02T16:11:05+02:00</a10:updated><a10:content type="html">&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;&amp;laquo;ADIB &amp;ndash; Egypt&amp;raquo; Tops the List Backed by Strong Profit Growth Over the Past 5 Years&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Gulf Banks Shine, Securing 4 Spots Among the Top 5 Fastest-Growing Foreign Banks by Equity Over the Past 5 Years&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;4 Out of 12 Foreign Banks Surpass the Banking Sector&amp;rsquo;s Average Growth Rate of 29% Annually Over the Past 5 Years&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong&gt;Only One Listed Bank Ranks Among the Top 5 Fastest Growers, While 3 Listed Banks Lag Behind&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The &amp;laquo;First Bank&amp;raquo; ranking of the fastest-growing foreign banks operating in Egypt in terms of equity growth over the past five years (end of 2020 to end of 2025) revealed that &amp;laquo;ADIB &amp;ndash; Egypt&amp;raquo; ranked first, recording a compound annual growth rate (CAGR) of 45.5%. Its equity portfolio rose to EGP 33.65 billion by the end of 2025, compared to EGP 5.16 billion at the end of 2020.&lt;/p&gt;&lt;p&gt;Abu Dhabi Commercial Bank &amp;laquo;ADCB&amp;raquo; came in second place, with a CAGR of 44.5% over the past five years, as its equity portfolio increased to EGP 18.97 billion by the end of 2025, up from EGP 3.01 billion at the end of 2020.&lt;/p&gt;&lt;p&gt;Al Ahli Kuwaiti Bank secured third place, with a CAGR of 40% over the past five years, as its equity portfolio grew to EGP 21.96 billion by the end of 2025, compared to EGP 4.08 billion at the end of 2020.&lt;/p&gt;&lt;p&gt;The &amp;laquo;First Bank&amp;raquo; ranking tracked the evolution of equity portfolios across 12 foreign banks operating within the Egyptian banking sector for which financial data was available, showing that all banks achieved positive growth rates over the past five years.&lt;/p&gt;&lt;p&gt;At the level of Gulf banks, data showed they captured 4 positions among the top five, with &amp;laquo;ADIB &amp;ndash; Egypt&amp;raquo; ranking first, &amp;laquo;ADCB&amp;raquo; second, &amp;laquo;ABK &amp;ndash; Egypt&amp;raquo; third, and &amp;laquo;NBK &amp;ndash; Egypt&amp;raquo; fifth.&lt;/p&gt;&lt;p&gt;Regarding Islamic banks, only one secured a place among the top five out of three Islamic banks included in the ranking, namely &amp;laquo;ADIB &amp;ndash; Egypt&amp;raquo;.&lt;/p&gt;&lt;p&gt;The results also highlighted the presence of &amp;laquo;ADIB &amp;ndash; Egypt&amp;raquo; as the only bank listed on the Egyptian Exchange included in the ranking, reflecting the strength of its performance.&lt;/p&gt;&lt;p&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/02/13136.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13135</guid><link>https://en.firstbankeg.com/13135</link><title>Egypt’s banking sector performance on EGX at Wednesday</title><description /><pubDate>Wed, 01 Jul 2026 18:29:14 +0200</pubDate><a10:updated>2026-07-01T18:29:14+02:00</a10:updated><a10:content type="html">&lt;p data-end="457" data-start="166"&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Wednesday, July 1, 2026, recording an increase in its market capitalization by 3.61%, reaching EGP 900.93 billion at the end of today&amp;rsquo;s session, compared to 869.564 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p data-end="610" data-start="459"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.44% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="873" data-start="612"&gt;Trading value on banking sector stocks reached EGP 470.452 million, representing 6.15% of the total trading value on the exchange today. A total of 6.384 million shares were traded in the sector, accounting for 0.40% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="1149" data-start="875"&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with an increase in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p data-end="1342" data-start="1151"&gt;The benchmark EGX30 index increased by 0.09% to close at 50.532 points, while the EGX70 index increased by 1.15% to 15.680 points, and the EGX100 index gained 0.89% to close at 21.330 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/01/13135.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13134</guid><link>https://en.firstbankeg.com/13134</link><title>«CIB», «QNB Egypt», and «ADIB Egypt» are the largest listed banks on the Egyptian Stock Exchange in terms of customer deposits by the end of March 2026»</title><description /><pubDate>Wed, 01 Jul 2026 17:37:58 +0200</pubDate><a10:updated>2026-07-01T17:37:58+02:00</a10:updated><a10:content type="html">&lt;h3&gt;&amp;nbsp;&lt;/h3&gt;&lt;hr data-end="58" data-start="55"&gt;&lt;h3 data-end="197" data-start="60"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="197" data-start="64"&gt;&amp;laquo;CIB&amp;raquo; consolidates its position as the largest listed bank on the Egyptian Exchange in terms of deposits by the end of March 2026&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="256" data-start="199"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="256" data-start="203"&gt;Islamic banks secure two spots among the top five&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="395" data-start="258"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="395" data-start="262"&gt;EGP 3.81 trillion in customer deposits at listed banks on the Egyptian Exchange by the end of March 2026, up 10.4% during Q1 2026&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="489" data-start="397"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="489" data-start="401"&gt;Top five banks maintain their positions, with limited reshuffling within the ranking&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="765" data-start="491"&gt;The &amp;laquo;First Bank&amp;raquo; ranking of the largest banks listed on the Egyptian Exchange by customer deposits as of the end of March 2026 showed that Commercial International Bank &amp;ndash; Egypt &amp;laquo;CIB&amp;raquo; ranked first, with its customer deposit portfolio reaching approximately EGP 1.21 trillion.&lt;/p&gt;&lt;p data-end="877" data-start="767"&gt;QNB Egypt &amp;laquo;QNB&amp;raquo; ranked second, with a deposit portfolio of around EGP 880.94 billion by the end of March 2026.&lt;/p&gt;&lt;p data-end="1034" data-start="879"&gt;Abu Dhabi Islamic Bank &amp;ndash; Egypt &amp;laquo;ADIB Egypt&amp;raquo; came in third place, with customer deposits totaling approximately EGP 321.31 billion at the end of the period.&lt;/p&gt;&lt;p data-end="1222" data-start="1036"&gt;The &amp;laquo;First Bank&amp;raquo; ranking covered total customer deposits across all listed banks on the Egyptian Exchange (12 banks) for which financial data was available for the first quarter of 2026.&lt;/p&gt;&lt;p data-end="1420" data-start="1224"&gt;The ranking highlighted the dominance of private sector banks in the top five positions in terms of deposits, including &amp;laquo;CIB&amp;raquo;, &amp;laquo;QNB Egypt&amp;raquo;, &amp;laquo;ADIB&amp;raquo;, &amp;laquo;Suez Canal Bank&amp;raquo;, and &amp;laquo;Abu Dhabi Islamic Bank&amp;raquo;.&lt;/p&gt;&lt;p data-end="1547" data-start="1422"&gt;At the level of foreign banking groups operating in Egypt, two banks ranked among the top five: &amp;laquo;QNB Egypt&amp;raquo; and &amp;laquo;ADIB Egypt&amp;raquo;.&lt;/p&gt;&lt;p data-end="1785" data-start="1549"&gt;Islamic banks also captured two spots among the top five, with &amp;laquo;ADIB Egypt&amp;raquo; ranking third with customer deposits of EGP 321.31 billion, while Faisal Islamic Bank ranked fifth with deposits of EGP 216.22 billion by the end of March 2026.&lt;/p&gt;&lt;p data-end="2015" data-start="1787"&gt;The ranking remained largely stable, with the only change being a swap between 10th and 11th places between Cr&amp;eacute;dit Agricole Egypt and The United Bank, with the former dropping one position and the latter moving up to 10th place.&lt;/p&gt;&lt;p data-end="2293" data-start="2017"&gt;The data also revealed that total customer deposits at listed banks rose to EGP 3.81 trillion by the end of March 2026, compared to approximately EGP 3.45 trillion at the end of 2025, reflecting continued strong growth in the deposit base during the first quarter of the year.&lt;/p&gt;&lt;p data-end="2447" data-is-last-node="" data-is-only-node="" data-start="2295"&gt;It is worth noting that all figures mentioned above are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/01/13134.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13133</guid><link>https://en.firstbankeg.com/13133</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Wednesday, July 1, 2026</title><description /><pubDate>Wed, 01 Jul 2026 15:50:11 +0200</pubDate><a10:updated>2026-07-01T15:50:11+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Wednesday 1 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.08 for buying and EGP 49.18 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.20 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;FABMISR&amp;raquo; at EGP 49.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 55.88&amp;nbsp;for buying and EGP 56.00 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;NXT&amp;raquo; at EGP 56.00 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 56.09 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 64.98&amp;nbsp;for buying and EGP 65.13&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;NXT&amp;raquo; at EGP 64.98 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 65.15 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.06 for buying and EGP 13.09 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 13.07 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 159.36 for buying and EGP 159.74 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 160.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 158.75 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.36&amp;nbsp;for buying and EGP 13.39 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.40&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;FABMISR&amp;raquo; at EGP 13.37 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/01/13133.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13132</guid><link>https://en.firstbankeg.com/13132</link><title>«QNB» Egypt, «CIB», and «ADIB» are the best listed banks on the Egyptian Stock Exchange on the «First Bank» index for individual credit competitiveness during the first quarter of 2026</title><description /><pubDate>Wed, 01 Jul 2026 13:26:19 +0200</pubDate><a10:updated>2026-07-01T13:26:19+02:00</a10:updated><a10:content type="html">&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&amp;laquo;QNB&amp;raquo; Egypt is strongly expanding in providing personal loans and tops the listed banks on the Egyptian Stock Exchange by the end of March 2026.&lt;br data-end="147" data-start="144"&gt;
The top 3 banks account for 61.2% of the increase in personal loans among listed banks by the end of March 2026.&lt;br data-end="262" data-start="259"&gt;
Personal loans at listed banks on the Egyptian Stock Exchange reached EGP 415.71 billion, with an increase of EGP 26.47 billion during Q1 2026.&lt;br data-end="408" data-start="405"&gt;
Islamic banks secured just one spot among the top five, out of the three Islamic banks included in the ranking.&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;The First Bank list of the best banks listed on the Egyptian stock exchange for the First Bank Credit Competitiveness Index for individuals during Q1 2026 revealed that Qatar National Bank - Egypt (QNB) topped the list, after its individual loans portfolio increased by about 6.47 billion EGP, reaching 87.58 billion EGP by the end of March 2026, up from 81.11 billion EGP at the end of 2025.&lt;/p&gt;&lt;p&gt;Commercial International Bank (CIB) Egypt took the second spot, with its individual loans portfolio rising by around 4.97 billion EGP during Q1 2026, reaching 97.24 billion EGP by the end of March 2026, compared to 92.28 billion EGP at the end of 2025.&lt;/p&gt;&lt;p data-end="229" data-start="0"&gt;ADIB Egypt captured third place, achieving an increase of EGP 4.82 billion during Q1 2026, after its retail deposit portfolio reached EGP 53.15 billion by the end of March 2026, compared to EGP 48.33 billion at the end of 2025.&lt;/p&gt;&lt;p data-end="593" data-start="231"&gt;The &amp;ldquo;First Bank&amp;rdquo; Credit Competitiveness Index tracked the increases in retail deposit portfolios across all banks listed on the Egyptian Stock Exchange (12 banks in total), for which financial data was available as of the end of March 2026. The data revealed that all banks succeeded in expanding their retail deposit portfolios during the period under review.&lt;/p&gt;&lt;p data-end="879" data-start="595"&gt;The &amp;ldquo;First Bank&amp;rdquo; Individual Credit Competitiveness Index measures banks&amp;rsquo; ability to offer credit products or loan products to attract retail customers. It is based on the absolute value of growth in net retail loans, reflecting the bank&amp;rsquo;s success in expanding its portfolio balance.&lt;/p&gt;&lt;p data-end="1169" data-start="881"&gt;Listed banks on the Egyptian Stock Exchange recorded a significant growth in net retail financing during Q1 2026, reaching about EGP 415.71 billion by the end of March, compared to EGP 389.23 billion at the end of 2025, marking an increase of EGP 26.47 billion within just three months.&lt;/p&gt;&lt;p data-end="1335" data-start="1171"&gt;On the Islamic banking side, they secured only one position among the top five listed banks in the &amp;ldquo;First Bank&amp;rdquo; Retail Credit Competitiveness Index, held by ADIB.&lt;/p&gt;&lt;p data-end="1483" data-start="1337"&gt;The list was dominated by QNB Egypt, ADIB, and CIB, which together accounted for 61.2% of the total increase in retail financing during Q1 2026.&lt;/p&gt;&lt;p data-end="1669" data-is-last-node="" data-is-only-node="" data-start="1485"&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/01/13132.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13131</guid><link>https://en.firstbankeg.com/13131</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«Suez Canal Bank», «BANK NXT» and «ABK-Egypt» Lead Growth in Net Interest Income During Q1 2026</title><description>Suez Canal Bank tops the ranking, advancing third place in Q1 20254 banks maintain their presence among</description><pubDate>Wed, 01 Jul 2026 13:23:27 +0200</pubDate><a10:updated>2026-07-01T13:23:27+02:00</a10:updated><a10:content type="html">&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;&amp;laquo;Suez Canal Bank&amp;raquo; tops the ranking, advancing from third place in Q1 2025&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;4 banks maintain their presence among the top 10 fastest-growing banks during the first quarters of 2025 and 2026&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;132.64 EGP bn in net interest income generated by 25 banks operating in the Egyptian market, up 14.3% during Q1 2026&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;&amp;laquo;saib&amp;raquo; records the largest jump in the ranking, climbing to sixth place in Q1 2026 from 24th place in Q1 2025&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&amp;laquo;First Bank&amp;rsquo;s ranking&amp;raquo; tracking the development of net interest income among banks operating in the Egyptian banking sector during the first quarter of 2026 revealed that Suez Canal Bank ranked first, advancing from third place during the corresponding period of 2025. This performance was supported by a 54.8% increase in its net interest income, which reached 2.6 EGP bn during the first three months of 2026, compared with 1.68 EGP bn during the same period of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;laquo;BANK NXT&amp;raquo; secured second place after recording a 41.8% growth in net interest income during Q1 2026, reaching 1.53 EGP bn, compared with&amp;nbsp;1.08 EGP bn during the corresponding period of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, Al Ahli Bank of Kuwait &amp;ndash; Egypt &amp;laquo;ABK-Egypt&amp;raquo;&amp;nbsp;ranked third, with net interest income rising by 37.7% year-on-year to 2.5 EGP bn during the first quarter of 2026, compared with 1.82 EGP bn during the first three months of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking monitored net interest income across 25 banks operating in Egypt for which financial statements were available. It showed that 23 banks achieved positive growth rates, while two banks recorded declines during Q1 2026.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking also showed that four banks maintained their presence among the top 10 fastest-growing banks in net interest income during the first quarters of both 2025 and 2026. &amp;laquo;Suez Canal Bank&amp;raquo; rose to the top position from third place in Q1 2025, while &amp;laquo;EGBANK&amp;raquo; ranked fourth, down from second place.&lt;/p&gt;&lt;p dir="ltr"&gt;Abu Dhabi Islamic Bank Egypt &amp;laquo;ADIB Egypt&amp;raquo;&amp;nbsp;came fifth during Q1 2026 after ranking second in Q1 2025, while Faisal Islamic Bank of Egypt ranked tenth, down from sixth place during the first quarter of the previous year.&lt;/p&gt;&lt;p dir="ltr"&gt;On the other hand, &amp;laquo;saib&amp;raquo; achieved the largest jump in the ranking, advancing to sixth place in Q1 2026 from 24th place during the corresponding period of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;At the sector level, net interest income generated by the 25 surveyed banks reached 132.64 EGP bn during the first quarter of 2026, compared with 116.06 EGP bn during the same period of 2025, reflecting a growth rate of 14.3%.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking also revealed the presence of four foreign banks among the top 10 fastest-growing institutions, out of 14 foreign banks included in the survey. These were &amp;laquo;ABK-Egypt&amp;raquo;, &amp;laquo;ADIB Egypt&amp;raquo;, &amp;laquo;Emirates NBD&amp;raquo;&amp;nbsp;and &amp;laquo;QNB Egypt&amp;raquo;.&lt;/p&gt;&lt;p dir="ltr"&gt;All figures and growth rates mentioned above are based on the standalone financial statements announced by each bank as of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/01/13131.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13130</guid><link>https://en.firstbankeg.com/13130</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Wednesday trading</title><description /><pubDate>Wed, 01 Jul 2026 10:09:43 +0200</pubDate><a10:updated>2026-07-01T10:09:43+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Wednesday 1 July 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 49.18 for buying and EGP 49.28&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.27 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.18 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 56.02 for buying and EGP 56.15&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.07&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.19 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.01 for buying and EGP 65.15 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;BM&amp;raquo; at EGP 65.06 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.22&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;Saudi&amp;nbsp;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.09 for buying and EGP 13.12&amp;nbsp; for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.12 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Al Baraka&amp;raquo; &amp;nbsp;at EGP 13.11&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 159.69 for buying and EGP 160.07 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 160.50&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 158.96 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9922;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.39 for buying and EGP 13.42&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.41&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.40&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/07/01/13130.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13129</guid><link>https://en.firstbankeg.com/13129</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Tuesday, June 30, 2026</title><description /><pubDate>Tue, 30 Jun 2026 15:26:41 +0200</pubDate><a10:updated>2026-06-30T15:26:41+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Tuesday 30 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.18 for buying and EGP 49.28 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.27 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.18 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 56.02&amp;nbsp;for buying and EGP 56.15&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.07 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.19 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.01 for buying and EGP 65.15&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;BM&amp;raquo; at EGP 65.06 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.22 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.09 for buying and EGP 13.12 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.12 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Al Baraka&amp;raquo; at EGP 13.11&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 159.69 for buying and EGP 160.07&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 160.50 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 158.96 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.39&amp;nbsp;for buying and EGP 13.42&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.41&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.40&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/30/13129.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13128</guid><link>https://en.firstbankeg.com/13128</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«Kuwait Finance House – Egypt», «BANK NXT» and «EBank» Lead Growth in Personal Loans During Q1 2026</title><description /><pubDate>Tue, 30 Jun 2026 14:20:13 +0200</pubDate><a10:updated>2026-06-30T14:20:13+02:00</a10:updated><a10:content type="html">&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong&gt;&amp;laquo;Kuwait Finance House &amp;ndash; Egypt&amp;raquo; tops the ranking, rising from third place in the 2025 classification&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong&gt;6 banks maintain their presence among the top 10 fastest-growing banks in personal loans during Q1 2026 and 2025&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong&gt;595.73 EGP bn in personal loans across 23 banks operating in the Egyptian banking sector, up 6.6% during Q1 2026&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong&gt;Foreign banks capture half of the top 10 positions, with 5 banks represented among the 13 foreign banks included in the ranking&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong&gt;&amp;laquo;QNB&amp;raquo;&amp;nbsp;remains the largest private-sector bank in personal loans, while &amp;laquo;CIB&amp;raquo; ranks second&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&amp;laquo;First Bank&amp;#39;s ranking&amp;raquo; tracking the development of personal loan portfolios among banks operating in the Egyptian banking sector during the first quarter of 2026 revealed that Kuwait Finance House &amp;ndash; Egypt ranked first, supported by a 22.1% increase in its personal loan portfolio, which reached 9.73 EGP bn at the end of March 2026, compared with 7.97 EGP bn at the end of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;laquo;BANK NXT&amp;raquo; ranked second after its personal loan portfolio grew by 17.8% during the first three months of 2026, reaching 16.21 EGP bn at the end of March, compared with 13.76 EGP bn at the end of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, Export Development Bank of Egypt &amp;laquo;EBank&amp;raquo;&amp;nbsp;secured third place, with its personal loan portfolio increasing by 13.7% quarter-on-quarter to 13.18 EGP bn at the end of March 2026, compared with 11.59 EGP bn at the end of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking monitored the personal loan portfolios of 23 banks operating in Egypt for which financial data were available. It showed that 22 banks recorded positive growth rates, while only one bank reported a decline during Q1 2026.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking also showed that six banks maintained their positions among the top 10 fastest-growing banks in personal loans during both Q1 2026 and 2025. These banks were &amp;laquo;Kuwait Finance House &amp;ndash; Egypt&amp;raquo;, &amp;laquo;BANK NXT&amp;raquo;, &amp;laquo;Suez Canal Bank&amp;raquo;, &amp;laquo;EGBank&amp;raquo;, &amp;laquo;ADIB-Egypt&amp;raquo;&amp;nbsp;and &amp;laquo;Housing &amp;amp; Development Bank&amp;raquo;.&lt;/p&gt;&lt;p dir="ltr"&gt;At the sector level, the personal loans portfolio of 23 banks operating in the Egyptian banking sector reached&amp;nbsp;597.73 EGP bn at the end of March 2026, compared with 559.09 EGP bn at the end of 2025, recording a growth rate of 6.6% during Q1 of 2026.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking highlighted the presence of five foreign banks among the top 10 fastest-growing institutions, out of 13 foreign banks included in the survey. These were &amp;laquo;Kuwait Finance House &amp;ndash; Egypt&amp;raquo;, &amp;laquo;Emirates NBD&amp;raquo;, Abu Dhabi Islamic Bank Egypt &amp;laquo;ADIB&amp;raquo;, &amp;laquo;QNB Egypt&amp;raquo;, and Abu Dhabi Commercial Bank Egypt &amp;laquo;ADCB&amp;raquo;.&lt;/p&gt;&lt;p dir="ltr"&gt;&amp;laquo;QNB&amp;raquo; retained its position as the largest private-sector bank in personal loans, with a portfolio totaling 68.07 EGP bn at the end of March 2026, while Commercial International Bank &amp;laquo;CIB&amp;raquo;&amp;nbsp;ranked second with personal loans amounting to 66.26 EGP bn.&lt;/p&gt;&lt;p dir="ltr"&gt;All figures and growth rates mentioned above are based on the standalone financial statements announced by each bank as of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/30/13128.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13127</guid><link>https://en.firstbankeg.com/13127</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Tuesday trading</title><description /><pubDate>Tue, 30 Jun 2026 10:04:52 +0200</pubDate><a10:updated>2026-06-30T10:04:52+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Tuesday 30&amp;nbsp;June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 49.24 for buying and EGP 49.34 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.39 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.15 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 56.14 for buying and EGP 56.27&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.21 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.10 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.14&amp;nbsp;for buying and EGP 65.27&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 65.15&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;ADCB&amp;raquo; at EGP 65.02&amp;nbsp; at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi&amp;nbsp;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.11 for buying and EGP 13.14&amp;nbsp; for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.15 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;EALB&amp;raquo; &amp;nbsp;at EGP 13.09&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 159.89 for buying and EGP 161.27 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 160.66 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 159.17&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.41 for buying and EGP 13.43 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.45 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.39 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/30/13127.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13126</guid><link>https://en.firstbankeg.com/13126</link><title>FAB Strengthens Its Regional Leadership Tops «First Bank» Ranking of the 100 Largest Arab Banks as of March 2026</title><description /><pubDate>Mon, 29 Jun 2026 23:58:17 +0200</pubDate><a10:updated>2026-06-29T23:58:17+02:00</a10:updated><a10:content type="html">&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;According to &lt;span&gt;&amp;laquo;First Bank&amp;raquo; &lt;/span&gt;ranking of the 100 Largest Arab Banks as of March 2026, First Abu Dhabi Bank (FAB) secured the top position after its total assets increased to US$405.78 billion at the end of March 2026, compared with US$382.23 billion at the end of 2025, representing a quarter-on-quarter growth rate of 6.2%. The achievement further reinforces the bank&amp;rsquo;s leadership in the Arab banking sector.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The ranking was based on reported total assets as of the end of March 2026, converted into U.S. dollars, providing a standardized basis for comparing banking institutions across the region. Banks without officially disclosed financial data were excluded to ensure the accuracy and reliability of the methodology.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;In addition to its asset growth, FAB delivered solid financial performance during the first quarter of 2026. Customer deposits increased by 3.6% to reach US$237.09 billion at the end of March 2026, compared with US$228.92 billion at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The bank&amp;rsquo;s loan portfolio also recorded strong growth, rising by 8.3% on a quarter-on-quarter basis to US$181.73 billion at the end of March 2026, compared with US$167.81 billion at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;FAB reported net profit of approximately US$1.37 billion during the first quarter of 2026, compared with US$1.40 billion during the first quarter of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;Net interest income increased by 7.5% to US$1.31 billion during the first quarter of 2026, up from US$1.22 billion in the corresponding period of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;Meanwhile, net income from Islamic financing and investment products surged by 50.0%, reaching US$220.24 million during the first quarter of 2026, compared with US$146.75 million during the first quarter of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13126.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13125</guid><link>https://en.firstbankeg.com/13125</link><title>QNB Group Leads the Middle East and North Africa’s banks in Customer Deposits and Loans</title><description /><pubDate>Mon, 29 Jun 2026 23:53:35 +0200</pubDate><a10:updated>2026-06-29T23:53:35+02:00</a10:updated><a10:content type="html">&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;According to the latest First Bank rankings, QNB Group ranked as the largest banking group in the Middle East and North Africa by both customer deposits and loan portfolio at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Group&amp;#39;s customer deposits reached US$261.40 billion at the end of 2025, while its total loan portfolio stood at US$278.54 billion over the same period.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;QNB Group continued to strengthen its customer deposit base during the first quarter of 2026, with deposits increasing to US$267.25 billion by the end of March, representing an increase of US$5.85 billion and a growth rate of 2.2%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Group also expanded its lending portfolio, which grew by 1.3% during the first quarter of 2026 to reach US$282.04 billion at the end of March, an increase of US$3.50 billion.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;QNB Group also delivered solid financial performance during the first quarter of 2026, demonstrating its resilience amid the region&amp;rsquo;s ongoing geopolitical challenges. Total assets increased to US$386.91 billion at the end of March 2026, compared with US$380.67 billion at the end of 2025, representing an increase of US$6.24 billion and a growth rate of 1.6%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Group reported net profit of US$1.21 billion during the first quarter of 2026, compared with US$1.19 billion during the first quarter of 2025, reflecting a year-on-year increase of 1.7%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;Profit before tax reached US$1.59 billion during the first three months of 2026, compared with US$1.52 billion during the corresponding period of 2025, representing a growth rate of 4.2%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;Net interest income increased by 8.0% to US$2.59 billion during the first quarter of 2026, compared with US$2.40 billion in the same period of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;Meanwhile, net fee and commission income grew by 10.6% to US$373.74 million during the first three months of 2026, compared with US$337.80 million during the corresponding period of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13125.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13122</guid><link>https://en.firstbankeg.com/13122</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Gulf Banks Account for 71% of Profits Among the Middle East and North Africa’s Top 100 Most Profitable Banks</title><description /><pubDate>Mon, 29 Jun 2026 23:35:48 +0200</pubDate><a10:updated>2026-06-29T23:35:48+02:00</a10:updated><a10:content type="html">&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;A total of &lt;strong&gt;&lt;span style="font-weight:normal"&gt;55 Gulf banking brands&lt;/span&gt;&lt;/strong&gt; secured places in &lt;strong&gt;&lt;span style="font-weight:normal"&gt;First Bank&amp;rsquo;s&lt;/span&gt;&lt;/strong&gt; ranking of the &lt;strong&gt;&lt;span style="font-weight:normal"&gt;Top 100 Most&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Profitable Banks in the Middle East and North Africa (MENA&lt;/span&gt;)&lt;/strong&gt; for 2025, reinforcing their dominance of the regional banking landscape. Collectively, these banks accounted for approximately &lt;strong&gt;&lt;span style="font-weight:normal"&gt;71% of the total profits&lt;/span&gt;&lt;/strong&gt; generated by the institutions on the list, posting combined net earnings of &lt;strong&gt;&lt;span style="font-weight:normal"&gt;US$61.18 billion&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The ranking was based on&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;reported net profits&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;, &lt;/b&gt;converted into&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;U.S. dollars&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;, &lt;/b&gt;providing a&lt;b&gt;&lt;/b&gt;standardized basis for comparing banking institutions across the region. Banks without officially disclosed financial data were excluded to ensure the accuracy and reliability of the methodology. The ranking covers&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;parent banking institutions&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;&lt;/b&gt;across MENA and excludes their foreign subsidiaries.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;UAE banks&lt;/span&gt;&lt;/strong&gt; led the Gulf banking sector, securing &lt;strong&gt;&lt;span style="font-weight:normal"&gt;17 positions&lt;/span&gt;&lt;/strong&gt; in the ranking and generating &lt;strong&gt;&lt;span style="font-weight:normal"&gt;US$25.49 billion&lt;/span&gt;&lt;/strong&gt; in net profits during 2025, representing approximately &lt;strong&gt;&lt;span style="font-weight:normal"&gt;27% of the total&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;profits&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;&lt;/b&gt;earned by the Top 100 banks.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The UAE banks included in the ranking are:&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Emirates NBD, First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), Dubai Islamic Bank, Abu Dhabi Islamic Bank (ADIB), Mashreq, Commercial Bank of Dubai, Emirates Islamic, National Bank of Ras Al Khaimah (RAKBANK), Sharjah Islamic Bank, National Bank of Fujairah, Bank of Sharjah, Wio Bank, National Bank of Umm Al Qaiwain, Ajman Bank, United Arab Bank,&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;&lt;/b&gt;and&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Commercial International Bank &amp;ndash; UAE&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Saudi Arabian banks&lt;/span&gt;&lt;/strong&gt; ranked second, with &lt;strong&gt;&lt;span style="font-weight:normal"&gt;10 banks&lt;/span&gt;&lt;/strong&gt; featured in the list, generating combined net profits of &lt;strong&gt;US$24.67 billion&lt;/strong&gt; in 2025 and accounting for approximately &lt;strong&gt;&lt;span style="font-weight:normal"&gt;26% of the ranking&amp;rsquo;s total profits&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Saudi banks included:&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Saudi National Bank (SNB), Al Rajhi Bank, Riyad Bank, Saudi Awwal Bank (SAB), Alinma Bank, Banque Saudi Fransi, Arab National Bank (ANB), Bank Albilad, Saudi Investment Bank (SAIB),&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;&lt;/b&gt;and&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Bank AlJazira&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The &lt;strong&gt;&lt;span style="font-weight:normal"&gt;Kuwaiti banking sector&lt;/span&gt;&lt;/strong&gt; was represented by &lt;strong&gt;&lt;span style="font-weight:normal"&gt;nine banks&lt;/span&gt;&lt;/strong&gt;, which generated combined net profits of &lt;strong&gt;&lt;span style="font-weight:normal"&gt;US$5.84 billion&lt;/span&gt;&lt;/strong&gt;, equivalent to approximately &lt;strong&gt;&lt;span style="font-weight:normal"&gt;6% of the total profits&lt;/span&gt;&lt;/strong&gt; recorded by the Top 100 banks.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Kuwaiti banks were:&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Kuwait Finance House (KFH), National Bank of Kuwait (NBK), Commercial Bank of Kuwait, Boubyan Bank, Al Ahli Bank of Kuwait (ABK), Gulf Bank, Warba Bank, Burgan Bank&lt;/span&gt;,&lt;/strong&gt; and&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Kuwait International Bank (KIB)&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;Meanwhile, the &lt;strong&gt;&lt;span style="font-weight:normal"&gt;Qatari banking sector&lt;/span&gt;&lt;/strong&gt; secured &lt;strong&gt;&lt;span style="font-weight:normal"&gt;eight positions&lt;/span&gt;&lt;/strong&gt; in the ranking, accounting for approximately &lt;strong&gt;&lt;span style="font-weight:normal"&gt;8.8% of total profits&lt;/span&gt;&lt;/strong&gt;, after generating &lt;strong&gt;&lt;span style="font-weight:normal"&gt;US$8.23 billion&lt;/span&gt;&lt;/strong&gt; in net earnings during 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Qatari banks included:&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Qatar National Bank (QNB), Qatar Islamic Bank (QIB), Commercial Bank of Qatar, Qatar International Islamic Bank (QIIB), Masraf Al Rayan, Dukhan Bank, Ahlibank Qatar&lt;/span&gt;,&lt;/strong&gt; and&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Doha Bank&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;Similarly, &lt;strong&gt;&lt;span style="font-weight:normal"&gt;Bahraini banks&lt;/span&gt;&lt;/strong&gt; occupied &lt;strong&gt;&lt;span style="font-weight:normal"&gt;six positions&lt;/span&gt;&lt;/strong&gt; in the ranking, accounting for approximately &lt;strong&gt;&lt;span style="font-weight:normal"&gt;1.7% of total profits&lt;/span&gt;&lt;/strong&gt;, with combined net earnings of &lt;strong&gt;&lt;span style="font-weight:normal"&gt;US$1.57 billion&lt;/span&gt;&lt;/strong&gt; during 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Bahraini banks included:&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Al Baraka Banking Group, Bank ABC, National Bank of Bahrain (NBB), Al Salam Bank, Gulf International Bank (GIB),&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;&lt;/b&gt;and&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;BBK (Bank of Bahrain and Kuwait)&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;Banks from the &lt;strong&gt;&lt;span style="font-weight:normal"&gt;Sultanate of Oman&lt;/span&gt;&lt;/strong&gt; secured &lt;strong&gt;&lt;span style="font-weight:normal"&gt;five positions&lt;/span&gt;&lt;/strong&gt; in the ranking, generating combined net profits of &lt;strong&gt;&lt;span style="font-weight:normal"&gt;US$1.36 billion&lt;/span&gt;&lt;/strong&gt; in 2025, representing approximately &lt;strong&gt;&lt;span style="font-weight:normal"&gt;1.4% of the Top 100 banks&amp;rsquo; total profits&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;.&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;The Omani banks included:&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Bank Muscat, Sohar International, National Bank of Oman (NBO), Bank Dhofar,&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;&lt;/b&gt;and&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Ahli Bank Oman&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;Overall, the ranking highlights the Gulf banking sector&amp;rsquo;s continued leadership in profitability, driven primarily by the financial strength of&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;UAE and Saudi banks&lt;/span&gt;&lt;/strong&gt;, which together accounted for &lt;strong&gt;&lt;span style="font-weight:normal"&gt;more than half of the total profits&lt;/span&gt;&lt;/strong&gt; generated by the &lt;strong&gt;&lt;span style="font-weight:normal"&gt;Top 100 Most Profitable Banks in the Middle East and North Africa&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;&lt;/b&gt;during 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13122.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13121</guid><link>https://en.firstbankeg.com/13121</link><title>Huge Gap, Clear Leader.. The Battle for the Top Spot in Jordan’s Banking Sector</title><description /><pubDate>Mon, 29 Jun 2026 23:26:20 +0200</pubDate><a10:updated>2026-06-29T23:26:20+02:00</a10:updated><a10:content type="html">&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The recent trajectories of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Arab Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Bank al Etihad&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; reflect two distinct growth models within Jordan&amp;rsquo;s banking sector. While Arab Bank has maintained its position as the country&amp;#39;s largest banking institution in terms of size and financial strength, Bank al Etihad has achieved remarkable expansion, strengthening its competitive position through a combination of organic growth and an expansion strategy supported by acquisitions. These acquisitions have accelerated the development of its business base and broadened its banking footprint.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;An analysis of the financial indicators as of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;March 2026&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; shows that Arab Bank continues to dominate the sector in terms of scale, while Bank al Etihad has posted comparatively higher growth rates over recent years. This highlights the contrasting strategies pursued by the two institutions: one built on historical scale and financial resilience, and the other on accelerated growth and increasing market share.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;According to March 2026 financial data, Arab Bank remains the largest bank in Jordan by total assets, with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$78.97 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, while Bank al Etihad ranks second with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$18.75 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, underscoring the significant gap between the two institutions.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The disparity is equally evident in customer deposits. Arab Bank&amp;#39;s deposit portfolio reached approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$55.16 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; by the end of 2025, compared to&lt;b&gt;&lt;/b&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$14.22&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Bank al Etihad, reflecting the difference in customer base size and the breadth of each bank&amp;#39;s business network.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The gap also extends to lending activity. Arab Bank&amp;#39;s net loan portfolio totaled approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$38.18 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; as of March 2026, compared to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$9.65 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Bank al Etihad, reaffirming Arab Bank&amp;#39;s superior financing capacity.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;However, a closer look at growth dynamics over the past three years (from the end of 2022 to March 2026) presents a different picture. During this period, Bank al Etihad expanded its total assets by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;98.6%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;,&lt;/b&gt; significantly outpacing Arab Bank&amp;#39;s &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;22.5%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; growth.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Despite this impressive expansion, it was not sufficient to narrow the absolute gap between the two banks. Instead, the difference in total assets widened from &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$55.02&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of 2022 to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$60.23 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; by March 2026 in favor of Arab Bank.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;A similar trend is observed in deposits. Bank al Etihad recorded deposit growth of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;94.4%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; over the three-year period, compared with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;21.8%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Arab Bank. Consequently, the deposit gap widened to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$40.94 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; by March 2026, up from &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$37.97 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of 2022.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;On the lending side, Bank al Etihad also posted faster growth, expanding its loan portfolio by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;71.4%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; over the same period, compared with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;20.3%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Arab Bank. Nevertheless, the financing gap increased from &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$26.10 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of 2022 to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$28.53 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; by March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Profitability indicators continue to demonstrate the strength of Arab Bank&amp;#39;s business model. The bank reported &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;net profit of US$276 million&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; during the first quarter of 2026, compared with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$52 million&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Bank al Etihad over the same period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Arab Bank also delivered stronger operational efficiency in terms of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Return on Average&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Assets (ROAA&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span&gt;)&lt;/span&gt;&lt;/strong&gt;, posting &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;1.40%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;,&lt;/b&gt; compared with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;1.15%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Bank al Etihad during the first quarter of 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Conversely, Bank al Etihad outperformed Arab Bank in &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Return on Equity (ROE)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;,&lt;/b&gt; achieving &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;18.93%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; versus &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;8.38%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;b&gt;, &lt;/b&gt;reflecting greater efficiency in utilizing shareholders&amp;#39; equity and generating higher returns for investors.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Regarding capital strength, Arab Bank maintains a clear advantage that supports its future expansion capacity. As of March 2026, its paid-up capital stood at approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$927 million&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, compared with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$459 million&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Bank al Etihad, providing greater financial flexibility to support growth and absorb operational challenges.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Overall, the data confirms that Arab Bank continues to lead Jordan&amp;#39;s banking sector in terms of size and financial strength, benefiting from a broad business base and a solid financial position. Meanwhile, Bank al Etihad represents a different growth model focused on accelerating expansion and enhancing operational efficiency.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Bank al Etihad&amp;#39;s strong performance in recent years reflects a combination of organic growth, improved operational performance, and strategic acquisitions that have enabled it to expand its business base and strengthen its market presence, resulting in exceptionally high growth rates over a relatively short period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Nevertheless, the substantial difference in scale continues to favor Arab Bank, remaining the decisive factor behind its market leadership and superior financing capacity.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13121.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13115</guid><link>https://en.firstbankeg.com/13115</link><title>«First Bank» Ranking of the Top 100 Lending Banks in the Middle East and North Africa</title><description /><pubDate>Mon, 29 Jun 2026 22:32:51 +0200</pubDate><a10:updated>2026-06-29T22:32:51+02:00</a10:updated><a10:content type="html">&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;QNB Tops the Ranking with a US$279 Billion Loan Portfolio; Al Rajhi Bank Ranks Second&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;UAE Leads in Number of Banks with 16 Institutions, Accounting for 23% of Total Loans&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Saudi Banks Outperform with a 26% Share of Total Loans at the End of 2025&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Egyptian Banks Secure Six Positions, Led by the National Bank of Egypt, Banque Misr, CIB, and Arab African International Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;First Bank&amp;rsquo;s&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranking of the &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Top 100 Lending Banks in the Middle East and North Africa&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;2025&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; revealed that the &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;UAE&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; ranked first in terms of the number of banks represented, with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;16 banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; featured in the list, accounting for approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;23%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the total loan portfolio covered by the ranking.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Saudi Arabia&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Jordan&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; each placed &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;10 banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; in the ranking. However, Saudi banks accounted for approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;26%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of total loans, compared with only &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;3%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Jordanian banks.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Similarly, &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Turkey&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Kuwait&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; each had &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;nine banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; included in the ranking, although their shares of total loans differed significantly. Turkish banks accounted for approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;11%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of total loans, compared with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;8%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Kuwaiti banks.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;While &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Qatar&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Morocco&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Bahrain&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; were each represented by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;eight banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, Qatari banks accounted for approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;13%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of total loans, compared with around &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;5%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Moroccan banks and approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;3%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; for Bahraini banks at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Meanwhile, &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Oman&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; was represented by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;seven banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, holding approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;2.5%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the ranking&amp;rsquo;s total loans by the end of the year.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Egyptian banking sector&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; secured &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;six positions&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; in the ranking, accounting for approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;4.5%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the total loan portfolio at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Among countries with a limited contribution&amp;mdash;each accounting for less than &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;1%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the ranking&amp;rsquo;s total loans&amp;mdash;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Tunisia&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; was represented by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;six banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, while &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Algeria&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; had &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;two banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; included. &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Palestine&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; secured &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;one position&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The ranking was based on &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;reported loan portfolios&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, converted into &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;U.S. dollars&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, providing a standardized basis for comparison across banking institutions. Banks that did not disclose official financial data were excluded to ensure the accuracy and reliability of the ranking methodology.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Top 10 Lending Banks in the Middle East and North Africa &amp;ndash; End of 2025&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Qatar National Bank (QNB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;first&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with a loan portfolio totaling &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$278.54 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Al Rajhi Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; secured &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;second place&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with loans amounting to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$200.69 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Saudi National Bank (SNB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;third&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with a loan portfolio of approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$194.44 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of December 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Emirates NBD&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; came &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;fourth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, reporting loans of approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$172.31 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;First Abu Dhabi Bank (FAB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;fifth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with a loan portfolio totaling approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$167.81 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; by the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Abu Dhabi Commercial Bank (ADCB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; secured &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;sixth place&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with loans amounting to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$110.53 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Ziraat Bankası&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;seventh&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, reporting a loan portfolio of approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$109.91 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Riyad Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; came &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;eighth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with loans totaling approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$99.53 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; by the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;National Bank of Egypt (NBE)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;ninth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with a loan portfolio of approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$94.10 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of December 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="isselectedend"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;National Bank of Kuwait (NBK)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; completed the &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;top ten&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with loans totaling approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$87.09 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;It is worth noting that the ranking covers &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;parent banking groups&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; across the &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Middle East and North Africa&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;does not include their foreign subsidiaries&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13115.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13112</guid><link>https://en.firstbankeg.com/13112</link><title>«First Bank» ranking of the largest 100 Arab Banks as of the end of March 2026</title><description>FAB UAE Strengthens Its Position as the Largest Arab Bank QNB Retains Second PlaceEmirates NBD Climbs to Thir</description><pubDate>Mon, 29 Jun 2026 21:45:32 +0200</pubDate><a10:updated>2026-06-29T21:45:32+02:00</a10:updated><a10:content type="html">&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;FAB UAE Strengthens Its Position as the Largest Arab Bank; QNB Retains Second Place&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Emirates NBD Climbs to Third Place as Saudi National Bank Slips to Fourth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;UAE Banks Continue Regional Dominance with 18 Banks Holding 29% of Total Assets&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Egyptian Banks Secure 10 Spots, Led by the National Bank of Egypt, Banque Misr, CIB, and Arab African International Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;laquo;&lt;/span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;First Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt;&amp;raquo;&lt;/span&gt;&lt;span&gt; ranking of the &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Top 100 Arab Banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; as of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;March 2026&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; revealed the continued dominance of the UAE banking sector, which topped the list with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;18 banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; and total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$1.46 trillion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, accounting for approximately &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;29%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the combined assets of the ranking. This reflects the strength and regional expansion of UAE banks.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Jordan&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked second in terms of the number of banks represented, with &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;11 banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, although they accounted for only &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;3.4%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the total assets, with combined assets reaching &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$168.98 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; by the end of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Egypt&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Saudi Arabia&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; each placed &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;10 banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; in the ranking. However, Saudi banks significantly outperformed their Egyptian counterparts in asset size, with total assets reaching &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$1.26 trillion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, representing nearly &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;25%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the ranking&amp;rsquo;s total assets. Egyptian banks recorded combined assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$338.48 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, accounting for &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;6.7%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the total.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Kuwaiti banking sector&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; was represented by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;nine banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, holding a &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;9.1%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; share of the total assets, with combined assets amounting to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$459.87 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Meanwhile, &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Qatar&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Bahrain&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Morocco&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; each had &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;eight banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; featured in the ranking. Qatar led the three in terms of asset size, with its banks recording &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$644.83 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; in total assets, equivalent to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;12.8%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the list&amp;rsquo;s total assets.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Moroccan banks posted combined assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$267.86 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, representing &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;5.3%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the total, while Bahraini banks held &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$196.27 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, accounting for &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;3.9%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of total assets during the same period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Oman&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; was represented by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;seven banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, the lowest among the GCC countries in both the number of banks and asset size. Omani banks reported total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$115.69 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, representing only &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;2.3%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of the total assets in the ranking.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Among countries with a limited presence&amp;mdash;each accounting for less than &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;1%&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; of total assets&amp;mdash;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Tunisia&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; was represented by &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;five banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, while &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Algeria&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Lebanon&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; each had &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;two banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; on the list. &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Palestine&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Iraq&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; each secured &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;one spot&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The ranking was based on &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;total assets reported as of the end of March 2026&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, converted into &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;U.S. dollars&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; to ensure a standardized comparison across banking institutions. Banks lacking officially disclosed financial data were excluded to preserve the accuracy and reliability of the ranking methodology.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span&gt;Limited Changes Among the Top 10 Arab Banks&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Changes within the &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Top 10 Arab Banks&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; were relatively limited, &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Emirates NBD&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; advanced to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;third place&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, overtaking &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Saudi National Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, which slipped to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;fourth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, compared with the December 2025 ranking.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Riyad Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; climbed to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;ninth place&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, while &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Kuwait Finance House&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; moved down to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;tenth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The remaining banks in the top ten maintained their previous positions, highlighting the stability of the Arab banking landscape during the first quarter of 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span style="font-weight:normal"&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;Top 10 Arab Banks by Total Assets &amp;ndash; March 2026&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;First Abu Dhabi Bank (FAB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;first&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$405.78 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; at the end of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Qatar National Bank (QNB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; secured &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;second place&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$386.91 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Emirates NBD&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;third&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, reporting assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$331.24 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Saudi National Bank (SNB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; came &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;fourth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$327.34 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Al Rajhi Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;fifth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with assets totaling &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$280.11 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Abu Dhabi Commercial Bank (ADCB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; placed &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;sixth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$220.20 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;National Bank of Egypt (NBE)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;seventh&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with assets amounting to &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$173.51 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;National Bank of Kuwait (NBK)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; secured &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;eighth place&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, with total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$150.17 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Riyad Bank&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;ninth&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;, reporting assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$143.11 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Kuwait Finance House (KFH)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; completed the top ten with total assets of &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;US$141.87 billion&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;It is worth noting that the ranking covers &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;parent banking groups&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt; across the Arab countries and &lt;strong&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;does not include their foreign subsidiaries&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13112.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13111</guid><link>https://en.firstbankeg.com/13111</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Monday, June 29, 2026</title><description /><pubDate>Mon, 29 Jun 2026 15:38:14 +0200</pubDate><a10:updated>2026-06-29T15:38:14+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Monday 29&amp;nbsp;June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.24 for buying and EGP 49.34 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 45.39&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.15 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 56.14 for buying and EGP 56.27&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.21&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.14&amp;nbsp;for buying and EGP 65.27 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 65.15 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;ADCB&amp;raquo; at EGP 65.02 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.11 for buying and EGP 13.14 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.15 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;EALB&amp;raquo; at EGP 13.09 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 159.89 for buying and EGP 160.27&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 160.66 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 159.17 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.41 for buying and EGP 13.43&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.45 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.39 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13111.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13109</guid><link>https://en.firstbankeg.com/13109</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Monday trading</title><description /><pubDate>Mon, 29 Jun 2026 10:40:07 +0200</pubDate><a10:updated>2026-06-29T10:40:07+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Monday 29 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 49.33 for buying and EGP 49.43 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;HSBC&amp;raquo; at EGP 49.59 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CIB&amp;raquo; at EGP 49.35 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 56.15 for buying and EGP 56.28 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.25 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;IDB&amp;raquo; at EGP 56.43 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.12 for buying and EGP 65.27 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 65.32 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CIB&amp;raquo; at EGP 65.30&amp;nbsp; at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi&amp;nbsp;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.14 for buying and EGP 13.16&amp;nbsp; for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 13.21 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CIB&amp;raquo; &amp;nbsp;at EGP 13.14 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 160.19 for buying and EGP 160.57 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 161.09 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 159.62&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.43 for buying and EGP 13.46 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 13.50&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CIB&amp;raquo; at EGP 13.44 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13109.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13105</guid><link>https://en.firstbankeg.com/13105</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>Egypt’s banking sector performance on EGX at Sunday</title><description /><pubDate>Sun, 28 Jun 2026 16:57:55 +0200</pubDate><a10:updated>2026-06-28T16:57:55+02:00</a10:updated><a10:content type="html">&lt;p data-end="454" data-start="165"&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Sunday, June 28, 2026, recording a decrease in its market capitalization by 2.1%, reaching EGP 860.91&amp;nbsp;billion at the end of today&amp;rsquo;s session, compared to 879.48&amp;nbsp;the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p data-end="607" data-start="456"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.68% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="870" data-start="609"&gt;Trading value on banking sector stocks reached EGP 386.74&amp;nbsp;million, representing 5.22% of the total trading value on the exchange today. A total of 5.745&amp;nbsp;million shares were traded in the sector, accounting for 0.27% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="1094" data-start="872"&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a broad decrease in the main indices, while foreign investors tended toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p data-end="1287" data-start="1096"&gt;The benchmark EGX30 index declined by 2.14% to close at 50.344&amp;nbsp;points, while the EGX70 index decreased by 2.85% to 15.069&amp;nbsp;points, and the EGX100 index fell by 2.74% to close at 20.615&amp;nbsp;points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/28/13105.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13104</guid><link>https://en.firstbankeg.com/13104</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Sunday, June 28, 2026</title><description /><pubDate>Sun, 28 Jun 2026 15:26:20 +0200</pubDate><a10:updated>2026-06-28T15:26:20+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Sunday 28&amp;nbsp;June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.33 for buying and EGP 49.43 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;HSBC&amp;raquo; at EGP 45.59&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CIB&amp;raquo; at EGP 49.35 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 56.15 for buying and EGP 56.28&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.25&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;IDB&amp;raquo; at EGP 56.43&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.12&amp;nbsp;for buying and EGP 65.27 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 65.32&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CIB&amp;raquo; at EGP 65.30 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.14 for buying and EGP 13.16 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 13.21 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CIB&amp;raquo; at EGP 13.14 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 160.19 for buying and EGP 160.57&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 161.09&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 159.62 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.43 for buying and EGP 13.46&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 13.50 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CIB&amp;raquo; at EGP 13.44 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/28/13104.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13103</guid><link>https://en.firstbankeg.com/13103</link><title>«AlexBank», «BANK NXT» and «Kuwait Finance House – Egypt» were the fastest-growing banks in net fee and commission income during Q1 of 2026</title><description /><pubDate>Sun, 28 Jun 2026 14:54:52 +0200</pubDate><a10:updated>2026-06-28T14:54:52+02:00</a10:updated><a10:content type="html">&lt;h3 data-end="141" data-start="0" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span data-end="1131" data-start="545"&gt;&lt;span data-end="1131" data-start="545"&gt;AlexBank Tops the Ranking, Rising from Third Place in Q1 2025, Reflecting Its Efficiency in Expanding Non-Interest Banking Activities&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;section data-testid="conversation-turn-144" data-turn="assistant" data-turn-id="request-6a2f9e47-0630-83ea-9a9b-b838215344a2-11" data-turn-id-container="request-6a2f9e47-0630-83ea-9a9b-b838215344a2-11" dir="auto"&gt;&lt;h3 data-end="129" data-start="0"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span data-end="1131" data-start="545"&gt;&lt;span data-end="1131" data-start="545"&gt;Four banks maintained their presence among the top ten fastest-growing banks during Q1&amp;nbsp;of both 2025 and 2026&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;section data-testid="conversation-turn-146" data-turn="assistant" data-turn-id="request-6a2f9e47-0630-83ea-9a9b-b838215344a2-12" data-turn-id-container="request-6a2f9e47-0630-83ea-9a9b-b838215344a2-12" dir="auto"&gt;&lt;h3 data-end="181" data-is-last-node="" data-is-only-node="" data-start="0"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span data-end="1131" data-start="545"&gt;&lt;span data-end="1131" data-start="545"&gt;Net fee and commission income generated by 24 banks operating in the Egyptian market reached EGP 13.88 billion, recording a growth rate of 5.2% during Q1 of 2026&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;section data-testid="conversation-turn-148" data-turn="assistant" data-turn-id="request-6a2f9e47-0630-83ea-9a9b-b838215344a2-13" data-turn-id-container="request-6a2f9e47-0630-83ea-9a9b-b838215344a2-13" dir="auto"&gt;&lt;h3 data-end="110" data-is-last-node="" data-is-only-node="" data-start="0"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span data-end="1131" data-start="545"&gt;&lt;span data-end="1131" data-start="545"&gt;Foreign banks captured six spots among the top ten fastest-growing banks in net fee and com&lt;/span&gt;mission income&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;/section&gt;&lt;/section&gt;&lt;/section&gt;&lt;p data-end="1131" data-start="545" dir="ltr"&gt;&amp;laquo;T&lt;span data-end="1131" data-start="545"&gt;he First Bank&amp;raquo; ranking, which monitors the development of net fee and commission income among banks operating in the Egyptian banking sector during the first quarter of 2026, revealed that &amp;laquo;AlexBank&amp;raquo; topped the list, moving up from third place during the corresponding period of 2025. This reflects the bank&amp;rsquo;s efficiency in expanding non-interest banking activities. The performance was supported by a 40.1% increase in net fee and commission income, reaching EGP 827.44 million during the first three months of 2026, compared to EGP 590.61 million during the same period of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;&amp;laquo;BANK NXT&amp;raquo; ranked second after recording a 36% growth in net fee and commission income during the first quarter of 2026, reaching EGP 185 million, compared to EGP 136.04 million during the corresponding period of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;&amp;laquo;Kuwait Finance House &amp;ndash; Egypt&amp;raquo; secured third place, as its net fee and commission income increased by approximately 23.8%, reaching EGP 267.53 million during Q1 2026, compared to EGP 216.18 million during the first three months of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;&amp;laquo;The First Bank&amp;raquo; ranking tracked net fee and commission income across 24 banks operating in the Egyptian banking sector for which financial statements were available. The results showed that 17 banks achieved positive growth rates, while seven banks recorded noticeable declines during Q1 2026.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;The ranking also highlighted that four banks successfully maintained their presence among the top ten fastest-growing banks in net fee and commission income during the first quarters of both 2025 and 2026. &amp;laquo;AlexBank&amp;raquo; climbed to the top position from third place in the Q1 2025 ranking, while &amp;laquo;ADCB&amp;raquo; Egypt moved up to fourth place from sixth place.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;Meanwhile, Commercial International Bank &amp;laquo;CIB&amp;raquo;&amp;nbsp;ranked seventh during Q1 2026, up from tenth place in the Q1 2025 ranking. &amp;laquo;ADIB-Egypt&amp;raquo; ranked eighth, down from fourth place during the first quarter of the previous year.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;At the sector level, total net fee and commission income generated by the 24 surveyed banks reached EGP 13.88 billion during the first quarter of 2026, compared to EGP 13.20 billion during the corresponding period of 2025, reflecting a growth rate of 5.2%.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;The ranking further revealed that six foreign banks appeared among the top ten fastest-growing banks, out of 14 foreign banks included in the survey. These were &amp;laquo;AlexBank&amp;raquo;, &amp;laquo;Kuwait Finance House &amp;ndash; Egypt&amp;raquo;, &amp;laquo;ADCB Egypt&amp;raquo;, &amp;laquo;FABMISR&amp;raquo;, National Bank of Kuwait &amp;ndash; Egypt &amp;laquo;NBK Egypt&amp;raquo;, &amp;laquo;ADIB-Egypt&amp;raquo;&amp;nbsp;and &amp;laquo;Attijariwafa Bank Egypt&amp;raquo;.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1131" data-start="545"&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/28/13103.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13102</guid><link>https://en.firstbankeg.com/13102</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Sunday trading</title><description /><pubDate>Sun, 28 Jun 2026 10:22:31 +0200</pubDate><a10:updated>2026-06-28T10:22:31+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Sunday 28 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 49.48 for buying and EGP 49.58 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.65 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.47 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 56.14 for buying and EGP 56.24&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.34 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.27&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.12 for buying and EGP 65.29 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 65.32 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.29&amp;nbsp; at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi&amp;nbsp;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.18&amp;nbsp;for buying and EGP 13.21&amp;nbsp; for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.22 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; &amp;nbsp;at EGP 13.19 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 160.67 for buying and EGP 161.05 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 161.44 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 159.98&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.47 for buying and EGP 13.50 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.52&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;FABMISR&amp;raquo; at EGP 13.48 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/28/13102.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13101</guid><link>https://en.firstbankeg.com/13101</link><title>Egypt’s banking sector performance on EGX at Thursday</title><description>the banking sector in the Egyptian Stock Exchange closed in todays trading session on Thursday, June 25, 2026</description><pubDate>Thu, 25 Jun 2026 18:14:15 +0200</pubDate><a10:updated>2026-06-25T18:14:15+02:00</a10:updated><a10:content type="html">&lt;p data-end="458" data-start="168"&gt;&amp;nbsp;&lt;/p&gt;&lt;p data-end="454" data-start="165"&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Thursday, June 25, 2026, recording a decrease in its market capitalization by 0.29%, reaching EGP 879.48 billion at the end of today&amp;rsquo;s session, compared to 882.06 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p data-end="607" data-start="456"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.62% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="870" data-start="609"&gt;Trading value on banking sector stocks reached EGP 487.524 million, representing 5.53% of the total trading value on the exchange today. A total of 8.037 million shares were traded in the sector, accounting for 0.42% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="1094" data-start="872"&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a broad decrease in the main indices, while foreign investors tended toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p data-end="1287" data-start="1096"&gt;The benchmark EGX30 index declined by 0.52% to close at 51.443 points, while the EGX70 index decreased by 0.35% to 15.511 points, and the EGX100 index fell by 0.57% to close at 21.196 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/25/13101.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13100</guid><link>https://en.firstbankeg.com/13100</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Thursday, June 25, 2026</title><description /><pubDate>Thu, 25 Jun 2026 15:29:38 +0200</pubDate><a10:updated>2026-06-25T15:29:38+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Thursday 25&amp;nbsp;June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.48 for buying and EGP 49.58&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.65 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.47 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 56.12 for buying and EGP 56.24&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.34 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.27 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.12&amp;nbsp;for buying and EGP 65.29 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 65.32 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.29 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.18 for buying and EGP 13.21 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.22 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 13.19 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 160.67 for buying and EGP 161.05&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 161.44 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 159.98 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.47 for buying and EGP 13.50 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.52 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;FABMISR&amp;raquo; at EGP 13.48 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/25/13100.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13099</guid><link>https://en.firstbankeg.com/13099</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«Suez Canal Bank», «BANK NXT» and «Kuwait Finance House» were the fastest-growing banks in retail deposits during Q1 2026</title><description /><pubDate>Thu, 25 Jun 2026 14:58:50 +0200</pubDate><a10:updated>2026-06-25T14:58:50+02:00</a10:updated><a10:content type="html">&lt;h3 data-end="132" data-start="0" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Suez Canal Bank Retains the Top Position, Reflecting Its Ability to Deliver Strong and Sustainable Growth in Retail Deposits&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="607" data-start="134" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Four banks maintained their presence among the top ten fastest-growing banks in retail deposits during both Q1 2026 and the 2025 classification&amp;nbsp;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="607" data-start="134" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Commercial International Bank &amp;laquo;CIB&amp;raquo;&amp;nbsp;reinforced its position as the leading private-sector bank, while the Arab African International Bank &amp;laquo;AAIB&amp;raquo;&amp;nbsp;ranked second&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="607" data-start="134" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Total retail deposits at 25 banks operating in the Egyptian market reached EGP 3.23 trillion, recording a growth rate of 10.1% during the first quarter of 2026&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="1090" data-start="609" dir="ltr"&gt;&amp;laquo;T&lt;span data-end="1090" data-start="609"&gt;he First Bank&amp;raquo; ranking, which monitors the development of retail deposit portfolios among banks operating in the Egyptian banking sector during Q1 2026, revealed that Suez Canal Bank maintained its leading position, reflecting its ability to achieve strong and sustainable growth. This performance was supported by a 38.9% increase in its retail deposits portfolio, which reached EGP 51.85 billion by the end of March 2026, compared to EGP 37.32 billion at the end of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;&amp;laquo;BANK NXT&amp;raquo; ranked second after its retail deposits portfolio grew by 21.6% during the first three months of 2026, reaching EGP 41.92 billion by the end of March, compared to EGP 34.46 billion at the end of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;Kuwait Finance House &amp;ndash; Egypt secured third place, as its retail deposits portfolio expanded by approximately 18.4% on a quarterly basis, reaching EGP 44.96 billion by the end of March 2026, compared to EGP 37.97 billion at the end of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;&amp;laquo;The First Bank&amp;raquo; ranking tracked the retail deposit portfolios of 25 banks operating in the Egyptian banking sector for which financial statements were available. The results showed that all banks achieved positive growth rates during Q1 2026.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;The ranking also highlighted that four banks successfully maintained their presence among the top ten fastest-growing banks in retail deposits during both Q1 2026 and the 2025 classification. &amp;laquo;Suez Canal Bank&amp;raquo; retained its leadership position, while &amp;laquo;BANK NXT&amp;raquo; remained in second place.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;Meanwhile, &amp;laquo;Kuwait Finance House&amp;raquo;&amp;nbsp;ranked third during Q1 2026, up from fifth place in the 2025 classification. &amp;laquo;FABMISR&amp;raquo; also improved its position, climbing to sixth place from tenth place in last year&amp;#39;s ranking.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;At the sector level, total retail deposits across the 25 surveyed banks reached EGP 3.23 trillion by the end of March 2026, compared to EGP 2.93 trillion at the end of 2025, reflecting a growth rate of 10.1% during the first quarter of 2026.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;The ranking further revealed that five foreign banks appeared among the top ten fastest-growing banks, out of 14 foreign banks included in the survey. These were &amp;laquo;Kuwait Finance House&amp;raquo;, HSBC Egypt, &amp;laquo;FABMISR&amp;raquo;, &amp;laquo;Cr&amp;eacute;dit Agricole&amp;raquo; , and National Bank of Kuwait &amp;ndash; Egypt &amp;laquo;NBK Egypt&amp;raquo;.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;Commercial International Bank &amp;laquo;CIB&amp;raquo;&amp;nbsp;maintained its leadership among private-sector banks with retail deposits totaling EGP 719.08 billion by the end of March 2026. Meanwhile, the Arab African International Bank &amp;laquo;AAIB&amp;raquo;&amp;nbsp;ranked second with retail deposits amounting to EGP 322.43 billion by the end of March 2026.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="1090" data-start="609"&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/25/13099.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13098</guid><link>https://en.firstbankeg.com/13098</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Thursday trading</title><description /><pubDate>Thu, 25 Jun 2026 09:50:17 +0200</pubDate><a10:updated>2026-06-25T09:50:17+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Thursday 25 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 49.56 for buying and EGP 49.66 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.70 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.57 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 56.24 for buying and EGP 56.736 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.47 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.43 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.25 for buying and EGP 65.40 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 65.54 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.48&amp;nbsp; at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi&lt;/span&gt;&lt;span&gt;&amp;nbsp;&lt;/span&gt;&lt;span style="color:#cc9900;"&gt;Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.20 for buying and EGP 13.23&amp;nbsp;&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.24 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CA&amp;raquo; &amp;nbsp;at EGP 13.21 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 160.96&amp;nbsp;for buying and EGP 161.34 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 161.67 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 160.66 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.49 for buying and EGP 13.52 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.53&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CA&amp;raquo; at EGP 13.50&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/25/13098.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13097</guid><link>https://en.firstbankeg.com/13097</link><title>Egypt’s banking sector performance on EGX at Wednesday</title><description>the banking sector in the Egyptian Stock Exchange closed in todays trading session on Wednesday, June 24, 202</description><pubDate>Wed, 24 Jun 2026 22:48:55 +0200</pubDate><a10:updated>2026-06-24T22:48:55+02:00</a10:updated><a10:content type="html">&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Wednesday, June 24, 2026, recording a decrease in its market capitalization by 1.01%, reaching EGP 882.06 billion at the end of today&amp;rsquo;s session, compared to 891.08 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.53% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 595.040 million, representing 7.76% of the total trading value on the exchange today. A total of 7.700 million shares were traded in the sector, accounting for 0.44% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a collective decline in the main stock market indices, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index declined by 0.11% to close at 51.710 points, while the EGX70 index fell by 0.19% to 15.566 points, and the EGX100 index decreased by 0.03% to close at 21.317 points&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/24/13097.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13096</guid><link>https://en.firstbankeg.com/13096</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«CIB», «QNB Egypt», and Housing &amp; Development Bank Recorded the Highest Net Profits Among Banks Listed on the Egyptian Stock Exchange During Q1 2026</title><description>CIB Maintained the Highest Net Profit Among Banks Listed on the Egyptian Stock Exchange During Q1 2026</description><pubDate>Wed, 24 Jun 2026 18:31:14 +0200</pubDate><a10:updated>2026-06-24T18:31:14+02:00</a10:updated><a10:content type="html">&lt;h3 class="pdq2pgselectionanchorcontainer" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&amp;laquo;CIB&amp;raquo; Maintained the Highest Net Profit Among Banks Listed on the Egyptian Stock Exchange During Q1 2026&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="226" data-start="130" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="226" data-start="130"&gt;Four Banks Remained Among the Top Five Most Profitable Listed Banks in Both Q1 2026 and 2025&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="314" data-start="228" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="314" data-start="228"&gt;Islamic Banks Accounted for Two Positions Among the Top Five Most Profitable Banks&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="418" data-is-last-node="" data-is-only-node="" data-start="316" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="418" data-is-last-node="" data-start="316"&gt;Net Profit of Banks Listed on the Egyptian Stock Exchange Reached EGP 46.49 Bn During Q1 2026&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p class="pdq2pgselectionanchorcontainer" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;The &amp;laquo;First Bank&amp;raquo; ranking of the most profitable banks listed on the Egyptian Stock Exchange during Q1 2026 showed that Commercial International Bank Egypt &amp;laquo;CIB&amp;raquo;&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-weight:normal"&gt;recorded the highest net profit, amounting to EGP 17.74 bn.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="316" data-start="231" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="316" data-start="231"&gt;&lt;span style="font-weight:normal"&gt;&amp;laquo;QNB Egypt&amp;raquo; ranked second, reporting net profit of EGP 8.86 bn during Q1 2026.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="422" data-start="318" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="422" data-start="318"&gt;&lt;span style="font-weight:normal"&gt;Housing and Development Bank ranked third, with net profit reaching EGP 5.18 bn during Q1 2026.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="577" data-start="424" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="577" data-start="424"&gt;&lt;span style="font-weight:normal"&gt;The ranking tracked net profit figures for all 12 banks listed on the Egyptian Stock Exchange for which financial data were available during Q1 2026.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="739" data-start="579" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="739" data-start="579"&gt;&lt;span style="font-weight:normal"&gt;Private-sector banks accounted for four positions among the five most profitable listed banks, namely &amp;laquo;CIB&amp;raquo;, &amp;laquo;QNB Egypt&amp;raquo;, &amp;laquo;ADIB Egypt&amp;raquo;, and Cr&amp;eacute;dit Agricole Egypt.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="877" data-start="741" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="877" data-start="741"&gt;&lt;span style="font-weight:normal"&gt;Among foreign banking groups operating in Egypt, &amp;laquo;QNB Egypt&amp;raquo; and &amp;laquo;ADIB Egypt&amp;raquo; were included among the five most profitable listed banks.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1098" data-start="879" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="1098" data-start="879"&gt;&lt;span style="font-weight:normal"&gt;Islamic banks accounted for two positions within the top five. &amp;laquo;ADIB Egypt&amp;raquo; ranked fourth with net profit of EGP 3.59 bn during Q1 2026, while Faisal Islamic Bank ranked fifth with net profit of EGP 2.93 bn.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1336" data-start="1100" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="1336" data-start="1100"&gt;&lt;span style="font-weight:normal"&gt;&amp;laquo;CIB&amp;raquo;, &amp;laquo;QNB Egypt&amp;raquo;, &amp;laquo;ADIB Egypt&amp;raquo;, and Housing and Development Bank maintained their positions among the five most profitable banks as of March 2026. Faisal Islamic Bank entered the top five, moving up from eighth place at the end of 2025.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1600" data-start="1338" dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="1600" data-start="1338"&gt;&lt;span style="font-weight:normal"&gt;Several ranking changes were recorded compared with year-end 2025. Faisal Islamic Bank moved from eighth place to fifth place, while Cr&amp;eacute;dit Agricole Egypt declined from fifth place to seventh place, and Suez Canal Bank moved from sixth place to eighth place.&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/24/13096.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13095</guid><link>https://en.firstbankeg.com/13095</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Wednesday, June 24, 2026</title><description /><pubDate>Wed, 24 Jun 2026 15:31:15 +0200</pubDate><a10:updated>2026-06-24T15:31:15+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Wednesday 24&amp;nbsp;June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.56 for buying and EGP 49.66 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.70 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.57 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 56.24 for buying and EGP 56.36 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.47 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.43&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.25&amp;nbsp;for buying and EGP 65.41 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 65.54 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.48 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.20 for buying and EGP 13.23 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.24 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;CA&amp;raquo; at EGP 13.21 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 160.96 for buying and EGP 161.34 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 161.67 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 160.66 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.49 for buying and EGP 13.52 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.53 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;CA&amp;raquo; at EGP 13.50 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/24/13095.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13094</guid><link>https://en.firstbankeg.com/13094</link><title>Suez Canal Bank launches the first ‘Prive Day’ event at the Rehab Branch</title><description /><pubDate>Wed, 24 Jun 2026 15:06:57 +0200</pubDate><a10:updated>2026-06-24T15:06:57+02:00</a10:updated><a10:content type="html">&lt;p&gt;In line with Suez Canal Bank&amp;rsquo;s strategic direction to enhance customer engagement, elevate the overall banking experience, and reinforce the Priv&amp;eacute; segment as the preferred choice for clients seeking a more sophisticated and value‑driven relationship.&lt;/p&gt;&lt;p&gt;The event was organized by the Bank&amp;rsquo;s retail banking department team in collaboration with the branches department, with the aim of introducing the enhanced benefits of the Priv&amp;eacute; segment, which include personalized relationship management, priority services, in addition to financial solutions and lifestyle services tailored to clients&amp;rsquo; needs and aspirations.&lt;/p&gt;&lt;p&gt;The event contributed to strengthening direct communication with existing clients, where several clients were met during the event, attracting eligible clients to join the Priv&amp;eacute; segment and highlighting the benefits of the Visa Infinite Privilege credit card, which offers an exceptional experience combining financial strength, travel privileges, and exclusive services designed for premium clients.&lt;/p&gt;&lt;p&gt;Additional events are planned during the coming period to continue engaging with the remaining clients.&lt;/p&gt;&lt;p&gt;Priv&amp;eacute; benefits and services include a range of non-banking services, including concierge services, premium healthcare services in collaboration with Alameda Group, in addition to artwork and valuable collectibles evaluation services, allowing clients to benefit from specialized consultations for managing and evaluating their art assets within an integrated banking experience.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/24/13094.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13093</guid><link>https://en.firstbankeg.com/13093</link><title>Egyptian Exchange Closes wednesday, June 24 Session with EGX30 Down 0.11% </title><description /><pubDate>Wed, 24 Jun 2026 14:59:14 +0200</pubDate><a10:updated>2026-06-24T14:59:14+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market closed trading on wednesday, June 24, 2026, at EGP 3.717 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index fell by 0.11% to close at 51.710 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 221 stocks, of which 88 advanced, 111 declined, while 22 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 1.73 billion shares executed through 159.78 thousand ransactions, with total trading value amounting to EGP 7.66 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/24/13093.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13092</guid><link>https://en.firstbankeg.com/13092</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«The United Bank», «HSBC» and «ADIB-Egypt» were the fastest-growing banks in corporate deposits during Q1 2026</title><description /><pubDate>Wed, 24 Jun 2026 14:21:57 +0200</pubDate><a10:updated>2026-06-24T14:21:57+02:00</a10:updated><a10:content type="html">&lt;h3 data-end="91" data-start="0" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&amp;laquo;The United Bank&amp;raquo;&amp;nbsp;Tops the Ranking, Rising from 15th Place in the 2025 Classification&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="509" data-start="93" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Three banks maintained their presence among the top ten fastest-growing banks in corporate deposits during both Q1 2026 and the 2025 classification&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="509" data-start="93" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&amp;laquo;QNB&amp;raquo;&amp;nbsp;strengthened its position as the leading private-sector bank, while &amp;laquo;CIB&amp;raquo; ranked second&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="509" data-start="93" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Total corporate deposits at 25 banks operating in the Egyptian market reached EGP 3.76 trillion, recording a growth rate of 8.7% during the first quarter of 2026&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="970" data-start="511" dir="ltr"&gt;&amp;laquo;T&lt;span data-end="970" data-start="511"&gt;he First Bank&amp;raquo; ranking, which monitors the development of corporate deposit portfolios among banks operating in the Egyptian banking sector during Q1 2026, revealed that The United Bank topped the list, climbing from 15th place in the 2025 classification. This performance was supported by a 30.4% increase in its corporate deposits portfolio, which reached EGP 36.64 billion by the end of March 2026, compared to EGP 28.09 billion at the end of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;&amp;laquo;HSBC&amp;raquo; ranked second after its corporate deposits portfolio expanded by 25.6% during the first three months of 2026, reaching EGP 180.03 billion by the end of March, compared to EGP 143.34 billion at the end of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;&amp;laquo;ADIB-Egypt&amp;raquo; secured third place, as its corporate deposits portfolio grew by approximately 23% on a quarterly basis, reaching EGP 176.58 billion by the end of March 2026, compared to EGP 143.52 billion at the end of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;&amp;laquo;The First Bank&amp;raquo; ranking tracked the corporate deposit portfolios of 25 banks operating in the Egyptian banking sector for which financial statements were available. The results showed that 23 banks achieved positive growth rates, while two banks recorded declines during Q1 2026.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;The ranking also highlighted that three banks successfully maintained their presence among the top ten fastest-growing banks in corporate deposits during both Q1 2026 and the 2025 classification. &amp;laquo;HSBC&amp;raquo; retained its second-place position in both rankings, while &amp;laquo;ADIB-Egypt&amp;raquo; moved up to third place in Q1 2026 from sixth place at the end of 2025.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;Meanwhile, Faisal Islamic Bank of Egypt ranked fourth during Q1 2026, declining from third place in the 2025 classification.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;At the sector level, total corporate deposits across the 25 surveyed banks reached EGP 3.76 trillion by the end of March 2026, compared to EGP 3.46 trillion at the end of 2025, reflecting a growth rate of 8.7% during the first quarter of 2026.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;The ranking further revealed that six foreign banks appeared among the top ten fastest-growing banks, out of 14 foreign banks included in the survey. These were &amp;laquo;HSBC&amp;raquo;, &amp;laquo;ADIB-Egypt&amp;raquo;, &amp;laquo;AlexBank&amp;raquo;, National Bank of Kuwait &amp;ndash; Egypt &amp;laquo;NBK-Egypt&amp;raquo;, &amp;laquo;QNB&amp;raquo;&amp;nbsp;and&amp;nbsp;&amp;laquo;ABC&amp;raquo; .&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;&amp;laquo;QNB&amp;raquo;&amp;nbsp;maintained its leadership among private-sector banks with corporate deposits totaling EGP 559.25 billion by the end of March 2026. Meanwhile, Commercial International Bank &amp;laquo;CIB&amp;raquo;&amp;nbsp;ranked second with corporate deposits amounting to EGP 490.98 billion by the end of March 2026.&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span data-end="970" data-start="511"&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/24/13092.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13091</guid><link>https://en.firstbankeg.com/13091</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Wednesday trading</title><description /><pubDate>Wed, 24 Jun 2026 11:51:16 +0200</pubDate><a10:updated>2026-06-24T11:51:16+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Wednesday 24 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 49.66 for buying and EGP 49.76 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.79 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.67 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 56.61 for buying and EGP 56.72 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.86 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.81 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 65.64 for buying and EGP 65.81 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 65.86 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.86&amp;nbsp; at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.23 for buying and EGP 13.26&amp;nbsp;&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.26 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Faisal&amp;raquo; &amp;nbsp;at EGP 13.24 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 161.37 for buying and EGP 161.75 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 161.96 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 160.95 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.52 for buying and EGP 13.55 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.56&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.53&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/24/13091.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13090</guid><link>https://en.firstbankeg.com/13090</link><title>Egypt’s banking sector performance on EGX at Tuesday</title><description /><pubDate>Tue, 23 Jun 2026 16:29:03 +0200</pubDate><a10:updated>2026-06-23T16:29:03+02:00</a10:updated><a10:content type="html">&lt;hr data-end="108" data-start="105"&gt;&lt;h1 data-end="164" data-section-id="gy40j8" data-start="110"&gt;Egypt&amp;rsquo;s banking sector performance on EGX at Tuesday&lt;/h1&gt;&lt;p data-end="454" data-start="166"&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Tuesday, June 23, 2026, recording a decrease in its market capitalization by 1.09%, reaching EGP 891.08 billion at the end of today&amp;rsquo;s session, compared to 900.93 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p data-end="607" data-start="456"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.77% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="870" data-start="609"&gt;Trading value on banking sector stocks reached EGP 705.425 million, representing 7.28% of the total trading value on the exchange today. A total of 7.925 million shares were traded in the sector, accounting for 0.37% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="1094" data-start="872"&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a broad decrease in the main indices, while foreign investors tended toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p data-end="1287" data-start="1096"&gt;The benchmark EGX30 index declined by 1.55% to close at 51.769 points, while the EGX70 index decreased by 0.84% to 15.596 points, and the EGX100 index fell by 1.05% to close at 21.324 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/23/13090.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13089</guid><link>https://en.firstbankeg.com/13089</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Tuesday, June 23, 2026</title><description /><pubDate>Tue, 23 Jun 2026 15:42:43 +0200</pubDate><a10:updated>2026-06-23T15:42:43+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Tuesday 23&amp;nbsp;June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.66 for buying and EGP 49.76 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 49.79 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.67 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 56.61 for buying and EGP 56.72&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 56.86 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 56.81 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 65.64 for buying and EGP 65.81 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 65.90&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 65.86&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.23 for buying and EGP 13.26 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.26 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Faisal&amp;raquo; at EGP 13.24 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 161.37&amp;nbsp;for buying and EGP 161.75&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 161.96&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 160.95&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.52 for buying and EGP 13.55 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.56&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.53 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/23/13089.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13088</guid><link>https://en.firstbankeg.com/13088</link><title>Egyptian Pound Index rose to 38.046 Points Against Major Currencies at the Close of tuesday, June 23 Trading </title><description /><pubDate>Tue, 23 Jun 2026 15:20:43 +0200</pubDate><a10:updated>2026-06-23T15:20:43+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index increased against major currencies at the close of trading on tuesday, June 23, with the index increased to 38.046 points, compared to 37.929 points at the end of monday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise was driven by the Egyptian pound&amp;rsquo;s increase against the U.S. dollar, euro, British pound, UAE dirham, Saudi riyal, and Chinese yuan, the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar decreased from EGP&amp;nbsp;49.86 to EGP 49.76 by the end of the day, while the average buying price fell from EGP&amp;nbsp;49.76 to EGP 49.66.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro edged down from EGP&amp;nbsp;57.09 to EGP 56.73, while the average buying price fell from EGP 56.96 to EGP 56.61.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound decreased from EGP&amp;nbsp;66.01 to EGP 65.81, while the average buying price fell from EGP 65.86 to EGP 65.64.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham fell from EGP 13.58 to EGP 13.55, while the average buying price decreased from EGP 13.55 to EGP 13.52.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal decreased from EGP 13.28 to EGP 13.26, while the average buying price fell from EGP 13.25 to EGP 13.23.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan decreased from EGP 7.36 to EGP 7.33, while the average buying price fell from EGP 7.35 to EGP 7.32 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen decreased from EGP 30.82 to 30.81, while the average buying price fell from EGP 30.76 to EGP 30.75 by the end of the day.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/23/13088.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13087</guid><link>https://en.firstbankeg.com/13087</link><title>Egyptian Exchange Closes tuesday, June 23 Session with EGX30 Down 1.55% </title><description /><pubDate>Tue, 23 Jun 2026 15:01:09 +0200</pubDate><a10:updated>2026-06-23T15:01:09+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market closed trading on tuesday, June 23, 2026, at EGP 3.717 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index fell by 1.55% to close at 51.769 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 222 stocks, of which 50 advanced, 163 declined, while 9 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 2.12 billion shares executed through 187.26 thousand ransactions, with total trading value amounting to EGP 9.07 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/23/13087.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13124</guid><link>https://en.firstbankeg.com/13124</link><title>Saudi National Bank the Most Profitable Bank in the Middle East and North Africa</title><description /><pubDate>Mon, 29 Jun 2026 23:51:29 +0200</pubDate><a10:updated>2026-06-23T13:09:00+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;According to First Bank&amp;rsquo;s ranking of the Top 100 Most Profitable Banks in the Middle East and North Africa for 2025, Saudi National Bank (SNB) ranked first on the list.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;The bank secured the top position after reporting net profit of US$6.66 billion in 2025, compared with US$5.61 billion in 2024, representing a year-on-year growth rate of 18.7%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;The ranking was based on reported net profits, converted into U.S. dollars, providing a standardized basis for comparing banking institutions across the region. Banks without officially disclosed financial data were excluded to ensure the accuracy and reliability of the methodology.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;The bank continued to deliver strong earnings during the current year, reporting net profit of US$1.71 billion in the first quarter of 2026, compared with US$1.60 billion during the same period of 2025, representing a year-on-year increase of 7.4%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;Overall, Saudi National Bank maintained solid financial performance during the year. Its total assets increased to US$327.38 billion at the end of March 2026, compared with US$322.61 billion at the end of 2025, reflecting a quarter-on-quarter growth rate of 1.5%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;Customer deposits rose by 4.6% during the first quarter of 2026, reaching US$177.34 billion at the end of March 2026, compared with US$169.59 billion at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;The bank&amp;#39;s net financing portfolio increased to US$195.25 billion at the end of March 2026, up from US$194.44 billion at the end of 2025, representing a quarter-on-quarter growth rate of 0.4%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;Shareholders&amp;rsquo; equity also grew to US$57.20 billion at the end of March 2026, compared with US$54.34 billion at the end of 2025, reflecting a quarter-on-quarter increase of 5.3%.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/29/13124.jpg"></enclosure></item></channel></rss>