FirstBank

FirstBankhttps://en.firstbankeg.com/First digital institution in Egypt for financial and banking ratings arجميع الحقوق محفوظة © 2026 FirstBankThu, 28 May 2026 23:39:57 +0200https://en.firstbankeg.com/UserFiles/SiteImages/Logo.pngFirstBankhttps://en.firstbankeg.com/https://en.firstbankeg.com/12971https://en.firstbankeg.com/12971 Foreign exchange rates at the end of Monday tradingMon, 25 May 2026 17:09:13 +02002026-05-25T17:09:13+02:00The foreign exchange rates witnessed changes at the close of Monday 25 May 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:<h3 data-path-to-node="2">US Dollar</h3>The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 52.2297 for buying and EGP 52.3297 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at ADIB at EGP 52.29 at the close of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD and Bank of Alexandria at EGP 52.23 at the close of Egyptian bank trading today.<h3 data-path-to-node="5">Euro</h3>The euro recorded an increase against the Egyptian pound today, reaching EGP 60.8424 for buying and EGP 60.9641 for selling, according to the latest data from the Central Bank.The highest buying price was at ADIB at EGP 60.82 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 60.84 at the close of Egyptian bank trading today.<h3 data-path-to-node="8">British Pound</h3>The British pound also recorded an increase against the Egyptian pound today, reaching EGP 70.5258 for buying and EGP 70.6661 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 70.36 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 70.49 at the close of Egyptian bank trading today.<h3 data-path-to-node="11">Saudi Riyal</h3>The Saudi riyal recorded a slight decrease by the close of trading today, reaching EGP 13.9186 for buying and EGP 13.9460 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 13.93 at the close of Egyptian bank trading today.The lowest selling price was at Bank of Alexandria and Faisal Islamic Bank at EGP 13.92 at the close of Egyptian bank trading today.<h3 data-path-to-node="14">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 170.2680 for buying and EGP 170.6497 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at saib at EGP 170.45 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 169.04 at the close of Egyptian bank trading today.<h3 data-path-to-node="17">UAE Dirham</h3>The UAE dirham recorded a slight decrease by the close of trading in Egypt today, reaching EGP 14.2191 for buying and EGP 14.2495 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.24 at the close of Egyptian bank trading today.The lowest selling price was recorded at Bank of Alexandria and Faisal Islamic Bank at EGP 14.22 at the close of Egyptian bank trading today.https://en.firstbankeg.com/12970https://en.firstbankeg.com/12970EGP index decreased against a basket of major currencies to 35.926 points at today's tradingMon, 25 May 2026 15:38:26 +02002026-05-25T15:38:26+02:00The Egyptian Pound Index recorded a decline against major currencies by the end of trading on Monday, May 21, as the index value fell to 35.926 points at the close of trading, compared to 35.956 points at the end of Sunday’s session.The decline in the Egyptian Pound Index came as a result of its weakening against the euro, British pound, and Japanese yen, while remaining stable against the UAE dirham, Saudi riyal, and Chinese yuan, and strengthening against the US dollar by the end of today’s trading.The average selling price of the euro increased from EGP 60.76 to EGP 60.96 at the close of trading today, while the average buying price rose from EGP 60.63 to EGP 60.84.The average selling price of the British pound climbed from EGP 70.34 to EGP 70.67 by the end of today’s trading, while the average buying price increased from EGP 70.17 to EGP 70.53.The average selling price of the Japanese yen rose from EGP 32.89 to EGP 32.93 at the close of trading, while the average buying price increased from EGP 32.82 to EGP 32.87.Meanwhile, the average selling price of the UAE dirham remained unchanged at EGP 14.25, while the average buying price remained stable at EGP 14.22.The average selling price of the Saudi riyal also remained unchanged at EGP 13.95, while the average buying price stayed at EGP 13.92.https://en.firstbankeg.com/12969https://en.firstbankeg.com/12969Egypt’s banking sector performance on EGX at MondayMon, 25 May 2026 15:34:52 +02002026-05-25T15:34:52+02:00The banking sector in the Egyptian Stock Exchange closed in today’s trading session on monday , May 25, 2026, recording a dicreased in its market capitalization by 1.24%, reaching EGP 877.604 billion at the end of today’s session, compared to 888.625 the previous day’s closing.The sector’s market capitalization accounted for 24.10% of the total market capitalization, the highest share among all listed sectors on the exchange.Trading value on banking sector stocks reached EGP 2.553 billion, representing 25.74%  of the total trading value on the exchange today. A total of 27.670  million shares were traded in the sector, accounting for  1.59% of the overall trading volume of the market."The Egyptian Exchange closed at the end of today’s trading session with a decline in the main index EGX30, while the EGX70 and EGX100 indices rose. This came amid foreign investors’ tendency toward buying, recording a net purchase value of approximately EGP 258.8 million. The main index “EGX30” increase by 0.38% to 52.658  points, while the “EGX70” index increased by 0.46% to 14.651 points, and the “EGX100” index increase by 0.44%  to reach 20.477 points. https://en.firstbankeg.com/12968https://en.firstbankeg.com/12968Housing & Development Bank, «FABMISR», and «HSBC» Lead Egyptian Banks in Capital Adequacy Ratio by End of 2025Housing & Development Bank tops the ranking for the second consecutive year, reflecting its exceptional abilitMon, 25 May 2026 14:36:16 +02002026-05-25T14:36:16+02:00<h3 dir="ltr">Housing & Development Bank tops the ranking for the second consecutive year, reflecting its exceptional ability to absorb potential losses and cover risks through a strong capital base</h3><h3 dir="ltr">Complete stability in the Top 10 banks for capital adequacy ratio between 2025 and 2024</h3><h3 dir="ltr">Foreign banks secure 6 positions among the top 10 out of 14 foreign banks included in the ranking</h3><h3 dir="ltr">14 banks exceed the sector average of 19.6%, while 11 banks remain below average by end-2025</h3>FirstBank ranking of the best-performing banks in terms of capital adequacy ratio in the Egyptian banking sector by the end of 2025 revealed that Housing & Development Bank secured the top position, recording a capital adequacy ratio of 44.99% by year-end 2025.First Abu Dhabi Bank Misr ranked second, posting a capital adequacy ratio of 32.93% by the end of 2025.Meanwhile, HSBC captured third place, with a capital adequacy ratio of 30.72% by year-end 2025.The First Bank ranking, which covered 25 banks operating in the Egyptian banking sector, found that 14 banks out of those analyzed achieved a capital adequacy ratio exceeding the sector average of 19.6% by the end of 2025, according to the latest data released by the Central Bank of Egypt.The ranking also recorded complete stability in the top 10 list for capital adequacy ratio between 2025 and 2024.Foreign banks captured 6 positions among the top 10, out of 14 foreign banks included in the classification, namely: First Abu Dhabi Bank Misr, HSBC, Bank of Alexandria, QNB, National Bank of Kuwait - Egypt, and Al Ahli Bank of Kuwait - Egypt.Regarding Islamic banks included in the ranking, Abu Dhabi Islamic Bank - Egypt, Al Baraka Bank Egypt, Faisal Islamic Bank of Egypt, and Kuwait Finance House - Egypt recorded an average capital adequacy ratio of 20.3%.It is worth noting that all figures and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of 2025https://en.firstbankeg.com/12963https://en.firstbankeg.com/12963Egypt’s banking sector performance on EGX at SundayThe banking sector in the Egyptian Stock Exchange closed in todays trading session on sunday , May 24, 2026,Sun, 24 May 2026 23:26:02 +02002026-05-24T23:26:02+02:00The banking sector in the Egyptian Stock Exchange closed in today’s trading session on sunday , May 24, 2026, recording a increased in its market capitalization by 2.50%, reaching EGP 888.625 billion at the end of today’s session, compared to 866.914 the previous day’s closing.The sector’s market capitalization accounted for 24.39% of the total market capitalization, the highest share among all listed sectors on the exchange.Trading value on banking sector stocks reached EGP 630.998 million, representing 9.12%  of the total trading value on the exchange today. A total of 8.453  million shares were traded in the sector, accounting for  0.45% of the overall trading volume of the market.The Egyptian Exchange closed today’s trading session with a broad-based rise across its main indices. This came amid foreign investors’ tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.The main index “EGX30” increase by 1.48% to 52.861  points, while the “EGX70” index increased by 1.29% to 14.5841points, and the “EGX100” index increase by 1.25%  to reach 20.388 points. https://en.firstbankeg.com/12962https://en.firstbankeg.com/12962Foreign exchange rates at the beginning of Sunday tradingThe foreign exchange rates witnessed stability at the start of Sunday 24 May 2026 trading at Egyptian banks. FSun, 24 May 2026 11:06:59 +02002026-05-24T11:06:59+02:00The foreign exchange rates witnessed stability at the start of Sunday 24 May 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:<h3 data-path-to-node="2">US Dollar</h3>The average price of the US dollar recorded stability against the Egyptian pound today, reaching EGP 52.8691 for buying and EGP 52.9691 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at ADIB at EGP 52.93 at the start of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD at EGP 52.77 at the start of Egyptian bank trading today.<h3 data-path-to-node="5">Euro</h3>The euro recorded stability against the Egyptian pound today, reaching EGP 61.3599 for buying and EGP 61.4813 for selling, according to the latest data from the Central Bank.The highest buying price was at ADIB at EGP 61.37 at the start of Egyptian bank trading today.The lowest selling price was at The United Bank at EGP 61.00 at the start of Egyptian bank trading today.<h3 data-path-to-node="8">British Pound</h3>The British pound also recorded stability against the Egyptian pound today, reaching EGP 71.0033 for buying and EGP 71.1534 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 71.01 at the start of Egyptian bank trading today.The lowest selling price was at The United Bank at EGP 71.58 at the start of Egyptian bank trading today.<h3 data-path-to-node="11">Saudi Riyal</h3>The Saudi riyal witnessed stability during today's trading, reaching EGP 14.0879 for buying and EGP 14.1153 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.11 at the start of Egyptian bank trading today.The lowest selling price was at The United Bank at EGP 13.63 at the start of Egyptian bank trading today.<h3 data-path-to-node="14">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded stability during today's trading in Egypt, reaching EGP 172.2964 for buying and EGP 172.6785 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at SAIB at EGP 172.57 at the start of Egyptian bank trading today.The lowest selling price was at The United Bank at EGP 160.21 at the start of Egyptian bank trading today.<h3 data-path-to-node="17">UAE Dirham</h3>The UAE dirham witnessed stability during today's trading in Egypt, reaching EGP 14.3920 for buying and EGP 14.4248 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.41 at the start of Egyptian bank trading today.The lowest selling price was recorded at NBK at EGP 14.23 at the start of Egyptian bank trading today.https://en.firstbankeg.com/12961https://en.firstbankeg.com/12961EGP index rose against a basket of major currencies to 35.218 points at today's tradingThu, 21 May 2026 15:48:19 +02002026-05-21T15:48:19+02:00The Egyptian Pound Index rose against major currencies at the close of trading on Thursday, May 21, with the index value increasing to 35.543 points, compared to 35.218 points at the end of Wednesday’s session.The rise in the Egyptian Pound Index was driven by the pound’s appreciation against the U.S. dollar, euro, British pound sterling, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan at the close of today’s trading.The average selling price of the U.S. dollar declined from EGP 53.47 to EGP 52.97 at the close of trading, while the average buying price fell from EGP 53.37 to EGP 52.87.The average selling price of the euro decreased from EGP 62.04 to EGP 61.48, while the average buying price declined from EGP 61.92 to EGP 61.36 by the end of the day.The average selling price of the British pound sterling dropped from EGP 71.67 to EGP 71.15, while the average buying price eased from EGP 71.51 to EGP 71.00.The average selling price of the Japanese yen declined from EGP 33.63 to EGP 33.29, while the average buying price fell from EGP 33.56 to EGP 33.22.The average selling price of the UAE dirham decreased from EGP 14.56 to EGP 14.42, while the average buying price dropped from EGP 14.53 to EGP 14.39.The average selling price of the Saudi riyal fell from EGP 14.25 to EGP 14.12, while the average buying price declined from EGP 14.22 to EGP 14.09.Meanwhile, the average selling price of the Chinese yuan decreased from EGP 7.86 to EGP 7.79, while the average buying price fell from EGP 7.84 to EGP 7.77 at the close of trading.https://en.firstbankeg.com/12960https://en.firstbankeg.com/12960Egypt’s banking sector performance on EGX at ThursdayThu, 21 May 2026 15:36:31 +02002026-05-21T15:36:31+02:00The banking sector in the Egyptian Stock Exchange closed in today’s trading session on Thursday , May 21, 2026, recording a increased in its market capitalization by 0.23%, reaching EGP 864.926billion at the end of today’s session, compared to 881.925 the previous day’s closing.The sector’s market capitalization accounted for 23.80% of the total market capitalization, the highest share among all listed sectors on the exchange.Trading value on banking sector stocks reached EGP 410.223  million, representing 6.07%  of the total trading value on the exchange today. A total of 6.972  million shares were traded in the sector, accounting for  0.44% of the overall trading volume of the market.The Egyptian Stock Exchange closed today’s trading session with mixed performance, as the main index EGX30 rose, while the EGX70 index declined, and the EGX100 index increased. This came amid foreign investors’ tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.The main index “EGX30” increase by 0.30% to 52.090  points, while the “EGX70” index decreased by 0.15% to 14.3991points, and the “EGX100” index increase by 0.16%  to reach 20.135 points. https://en.firstbankeg.com/12959https://en.firstbankeg.com/12959Foreign exchange rates at the end of Thursday tradingThu, 21 May 2026 15:32:05 +02002026-05-21T15:32:05+02:00The foreign exchange rates witnessed decreases at the close of Thursday 21 May 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:<h3 data-path-to-node="2">US Dollar</h3>The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 52.8691 for buying and EGP 52.9691 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at AAIB at EGP 52.94 at the close of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD at EGP 52.80 at the close of Egyptian bank trading today.<h3 data-path-to-node="5">Euro</h3>The euro recorded a decrease against the Egyptian pound today, reaching EGP 61.3599 for buying and EGP 61.4813 for selling, according to the latest data from the Central Bank.The highest buying price was at AAIB at EGP 61.38 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 61.43 at the close of Egyptian bank trading today.<h3 data-path-to-node="8">British Pound</h3>The British pound also recorded a decrease against the Egyptian pound today, reaching EGP 71.0033 for buying and EGP 71.1534 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at AAIB at EGP 71.02 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 71.04 at the close of Egyptian bank trading today.<h3 data-path-to-node="11">Saudi Riyal</h3>The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 14.0879 for buying and EGP 14.1153 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.11 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 14.08 at the close of Egyptian bank trading today.<h3 data-path-to-node="14">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 172.2964 for buying and EGP 172.6785 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at HSBC at EGP 172.52 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 171.03 at the close of Egyptian bank trading today.<h3 data-path-to-node="17">UAE Dirham</h3>The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 14.3920 for buying and EGP 14.4248 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.41 at the close of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD at EGP 14.39 at the close of Egyptian bank trading today.https://en.firstbankeg.com/12966https://en.firstbankeg.com/12966First BankSaudi National Bank Ranked as the Most Profitable Arab Bank During 2025Mon, 25 May 2026 01:21:06 +02002026-05-21T13:08:00+02:00The latest ranking by «First Bank» revealed that Saudi National Bank topped the list of the most profitable Arab banks during 2025.This came after the bank recorded net profits worth $6.66 billion during 2025, compared to $5.61 billion in 2024, reflecting an annual growth rate of 18.7%.The ranking was based on banks’ reported net profits denominated in U.S. dollars, providing a unified comparison tool among different banking institutions. The ranking also excluded banks for which official data was unavailable, in order to ensure the accuracy of the results and the reliability of the adopted methodology.The bank continued to deliver strong profitability during the current year, as its net profit reached $1.71 billion in the first quarter of 2026, compared to $1.60 billion during the same period of 2025, marking a growth rate of 7.4%.Overall, Saudi National Bank recorded solid performance during the current year, with its asset portfolio rising to $327.38 billion by the end of March 2026, compared to $322.61 billion at the end of 2025, representing quarterly growth of 1.5%.Its customer deposit portfolio increased by 4.6% during the first quarter of the current year, reaching $177.34 billion by the end of March 2026, compared to $169.59 billion at the end of 2025.The bank’s net financing portfolio rose to $195.25 billion by the end of March 2026, compared to $194.44 billion at the end of 2025, reflecting quarterly growth of 0.4%.Meanwhile, shareholders’ equity jumped to $57.20 billion by the end of March 2026, compared to $54.34 billion at the end of 2025, recording quarterly growth of 5.3%.https://en.firstbankeg.com/12958https://en.firstbankeg.com/12958First Bank Ratings CenterFirst Bank discloses the latest edition of the top 100 largest banks in the Middle East and North Africa (MENA)Thu, 21 May 2026 12:34:21 +02002026-05-21T12:34:21+02:00<h3 data-path-to-node="1">FAB UAE leads the list with assets reaching 382 billion dollars, and QNB comes in second place</h3><h3 data-path-to-node="1">Strong presence of UAE banks with 17 spots and 25% of total assets</h3><h3 data-path-to-node="1">10 Saudi banks control 22% of the assets of the top 100 banks in the MENA region</h3><h3 data-path-to-node="1">The Egyptian banking sector participates with 7 banks, with National Bank of Egypt, Banque Misr, CIB, and AAIB being the most prominent</h3>The First Bank list of the top 100 largest banks in the Middle East and North Africa (MENA) at the end of 2025 revealed a clear dominance of the UAE banking sector, which led the scene with 17 banks, acquiring 25% of the list's total assets, reflecting the regional strength and expansion of UAE banks.Meanwhile, the list showed a balanced presence for Saudi Arabia, Jordan, and Turkey with 10 banks for each country, though asset sizes varied between them.The Saudi banking sector outperformed by capturing 22% of the list's total assets, followed by the Turkish sector with a share of 12.6%, while the contribution of the Jordanian sector was relatively limited at just 2.9% of the assets of the top 100 banks in the MENA region.The Kuwaiti banking sector participated with 9 spots, with a share of 8% of the list's total assets, while Qatar and Morocco secured 8 spots each. However, Qatari banks captured around 11.4% of the assets, compared to a share of only about 4.8% for Moroccan banks.Egypt and Bahrain recorded a presence with 7 banks each, with a clear superiority for Egyptian banks which controlled around 6.3% of the list's total assets, compared to a share of about 3% for Bahraini banks.In contrast, the Sultanate of Oman participated with 6 banks with a share of 1.9% of the assets of the top 100 banks in the MENA region at the end of 2025.On the level of countries with limited contributions, whose shares did not exceed 1% of the list's total assets, Tunisian banks came with 3 spots, while the representation of Algeria and Lebanon was limited to only two spots each, whereas Palestine recorded a limited presence with one spot.The ranking relied on ordering the banks according to the announced asset size at the end of 2025 valued in US dollars, providing a unified comparison tool between different banking institutions. The ranking also excluded banks for which official data was not available, to ensure the accuracy of the results and the reliability of the adopted methodology.Regarding the ranking of the top 10 largest banks on the list, First Abu Dhabi Bank (FAB UAE) occupied the first place, with an asset size reaching 382.23 billion dollars at the end of 2025.Qatar National Bank (QNB) secured the second place, with an asset portfolio recording 380.67 billion dollars at the end of the same year.Saudi National Bank claimed the third place, with an asset size of 322.61 billion dollars at the end of 2025, followed by Emirates NBD in fourth place, with an asset portfolio of 317.04 billion dollars at the end of the same year.Al Rajhi Bank controlled the fifth place, with an asset portfolio recording 278.15 billion dollars at the end of last December.Ziraat Bankası occupied the sixth place, as its asset portfolio reached around 216.66 billion dollars at the end of 2025.Abu Dhabi Commercial Bank came in seventh place, with an asset size reaching around 210.64 billion dollars at the end of 2025.National Bank of Egypt occupied the eighth place, with an asset portfolio recording around 191.03 billion dollars at the end of 2025.National Bank of Kuwait acquired the ninth place, with an asset size reaching around 148.14 billion dollars at the end of last December.Kuwait Finance House came in the tenth place, with an asset portfolio reaching around 138.88 billion dollars at the end of 2025.It is worth noting that the ranking included the parent banking groups in various MENA countries and did not include their foreign subsidiaries.https://en.firstbankeg.com/12955https://en.firstbankeg.com/12955Foreign exchange rates at the beginning of Thursday tradingThu, 21 May 2026 09:11:47 +02002026-05-21T09:11:47+02:00Foreign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Thursday, May 21, 2026. The following report details the exchange rates in Egyptian banks:<h3 data-path-to-node="23">US Dollar</h3>The average price of the US dollar recorded an increase against the Egyptian pound yesterday, reaching EGP 53.3680 for buying and EGP 53.5080 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at Suez Canal Bank at EGP 53.42 at the start of trading today.The lowest selling price was recorded at First Abu Dhabi Bank «FAB» at EGP 53.28 at the start of trading today.<h3 data-path-to-node="26">Euro</h3>The euro recorded an increase against the Egyptian pound yesterday, reaching EGP 61.9015 for buying and EGP 62.0746 for selling, according to the latest data from the Central Bank.The highest buying price was at Suez Canal Bank at EGP 61.88 at the start of trading today.The lowest selling price was at First Abu Dhabi Bank «FAB» at EGP 61.87 at the start of trading today.<h3 data-path-to-node="29">British Pound</h3>The British pound recorded an increase against the Egyptian pound yesterday, reaching EGP 71.4864 for buying and EGP 71.6900 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at Suez Canal Bank at EGP 71.45 at the start of trading today.The lowest selling price was at First Abu Dhabi Bank «FAB» at EGP 71.43 at the start of trading today.<h3 data-path-to-node="32">Saudi Riyal</h3>The Saudi riyal recorded an increase by the close of yesterday's trading, reaching EGP 14.2216 for buying and EGP 14.2597 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at Al Ahli Bank of Kuwait «ABK» at EGP 14.23 at the start of trading today.The lowest selling price was at First Abu Dhabi Bank «FAB» at EGP 14.20 at the start of trading today.<h3 data-path-to-node="35">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded an increase by the close of yesterday's trading in Egypt, reaching EGP 173.9221 for buying and EGP 174.4352 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «HSBC» at EGP 174.09 at the start of trading today.The lowest selling price was at First Abu Dhabi Bank «FAB» at EGP 172.37 at the start of trading today.<h3 data-path-to-node="38">UAE Dirham</h3>The UAE dirham also recorded an increase by the close of yesterday's trading in Egypt, reaching EGP 14.5290 for buying and EGP 14.5679 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «HSBC» at EGP 14.54 at the start of trading today.The lowest selling price was recorded at First Abu Dhabi Bank «FAB» at EGP 14.51 at the start of trading today.https://en.firstbankeg.com/12954https://en.firstbankeg.com/12954EGP index decreased against a basket of major currencies to 35.218 points at today's tradingWed, 20 May 2026 16:16:50 +02002026-05-20T16:16:50+02:00The Egyptian Pound Index declined against major currencies at the close of trading on Wednesday, May 20, with the index falling to 35.218 points, compared with 35.410 points at the end of Tuesday’s session.The decline in the Egyptian Pound Index came as the local currency weakened against the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan by the end of today’s trading.The average selling price of the U.S. dollar increased from EGP 53.17 to EGP 53.47 at the close of trading, while the average buying price rose from EGP 53.07 to EGP 53.37.The average selling price of the euro climbed from EGP 61.78 to EGP 62.04, while the average buying price increased from EGP 61.65 to EGP 61.92 by the end of the session.The average selling price of the British pound sterling rose from EGP 71.27 to EGP 71.67, while the average buying price increased from EGP 71.13 to EGP 71.51.The average selling price of the Japanese yen increased from EGP 33.41 to EGP 33.63, while the average buying price edged up from EGP 33.35 to EGP 33.56.The average selling price of the UAE dirham rose from EGP 14.48 to EGP 14.56, while the average buying price increased from EGP 14.45 to EGP 14.53.The average selling price of the Saudi riyal increased from EGP 14.17 to EGP 14.25, while the average buying price climbed from EGP 14.14 to EGP 14.22.Meanwhile, the average selling price of the Chinese yuan rose from EGP 7.81 to EGP 7.86, while the average buying price increased from EGP 7.80 to EGP 7.84 by the close of trading.https://en.firstbankeg.com/12953https://en.firstbankeg.com/12953Egypt’s banking sector performance on EGX at Wednesday Wed, 20 May 2026 15:35:02 +02002026-05-20T15:35:02+02:00The banking sector in the Egyptian Stock Exchange closed in today’s trading session on wednesday , May 20, 2026, recording a decreased in its market capitalization by 1.93%, reaching EGP 864.926billion at the end of today’s session, compared to 881.925 the previous day’s closing.The sector’s market capitalization accounted for 24.08% of the total market capitalization, the highest share among all listed sectors on the exchange.Trading value on banking sector stocks reached EGP 735.055  million, representing 8.06%  of the total trading value on the exchange today. A total of 9.779  million shares were traded in the sector, accounting for  0.44% of the overall trading volume of the market.The Egyptian Exchange closed today’s trading session on a collective fall across its main indices, amid foreign investors’ tendency toward buying, recording net purchases of EGP 258.8 million.The main index “EGX30” fell by 1.59% to 51.936  points, while the “EGX70” index decreased by 2.37% to 14.421points, and the “EGX100” index decrease by 2.32%  to reach 20.103points.https://en.firstbankeg.com/12952https://en.firstbankeg.com/12952 Foreign exchange rates at the end of Wednesday tradingThe foreign exchange rates witnessed increases at the close of Wednesday 20 May 2026 trading at Egyptian banksWed, 20 May 2026 15:27:17 +02002026-05-20T15:27:17+02:00The foreign exchange rates witnessed increases at the close of Wednesday 20 May 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:<h3 data-path-to-node="2">US Dollar</h3>The average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP 53.3680 for buying and EGP 53.5080 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at Suez Canal Bank at EGP 53.42 at the close of Egyptian bank trading today.The lowest selling price was recorded at FAB at EGP 53.28 at the close of Egyptian bank trading today.<h3 data-path-to-node="5">Euro</h3>The euro recorded an increase against the Egyptian pound today, reaching EGP 61.9015 for buying and EGP 62.0746 for selling, according to the latest data from the Central Bank.The highest buying price was at Suez Canal Bank at EGP 61.88 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 61.87 at the close of Egyptian bank trading today.<h3 data-path-to-node="8">British Pound</h3>The British pound also recorded an increase against the Egyptian pound today, reaching EGP 71.4864 for buying and EGP 71.6900 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at Suez Canal Bank at EGP 71.45 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 71.43 at the close of Egyptian bank trading today.<h3 data-path-to-node="11">Saudi Riyal</h3>The Saudi riyal recorded an increase by the close of trading today, reaching EGP 14.2216 for buying and EGP 14.2597 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ABK at EGP 14.23 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 14.20 at the close of Egyptian bank trading today.<h3 data-path-to-node="14">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded an increase by the close of trading in Egypt today, reaching EGP 173.9221 for buying and EGP 174.4352 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at HSBC at EGP 174.09 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 172.37 at the close of Egyptian bank trading today.<h3 data-path-to-node="17">UAE Dirham</h3>The UAE dirham recorded an increase by the close of trading in Egypt today, reaching EGP 14.5290 for buying and EGP 14.5679 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at HSBC at EGP 14.54 at the close of Egyptian bank trading today.The lowest selling price was recorded at FAB at EGP 14.51 at the close of Egyptian bank trading today.https://en.firstbankeg.com/12978https://en.firstbankeg.com/12978First BankDespite ADIB’s Accelerating Growth, Dubai Islamic Bank Maintains Sole Leadership of the UAE Islamic Banking SectorTue, 26 May 2026 04:28:01 +02002026-05-20T13:00:00+02:00Amid intensifying competition within the Islamic banking sector in the UAE market, and the divergence in growth and expansion strategies among banks, the gap between the major institutions has become increasingly evident over time, particularly when analyzing key financial indicators and medium-term growth rates.This comes as banks seek to strengthen their market shares through expanding lending activities and growing deposit bases, while simultaneously maintaining strong profitability levels.According to March 2026 data, Dubai Islamic Bank continues to lead the UAE Islamic banking sector, with total assets reaching approximately $114.32 billion by the end of March 2026, compared to around $78.15 billion for Abu Dhabi Islamic Bank during the same period.Dubai Islamic Bank’s superiority also extends to its deposit base, with deposits totaling approximately $87.66 billion by the end of March 2026, versus $65.16 billion for Abu Dhabi Islamic Bank during the same period.The bank also maintained its lead in financing activity, recording net customer financing of $73.68 billion, compared to $52.76 billion for Abu Dhabi Islamic Bank by the end of March 2026.However, the competitive landscape appears more dynamic when examining growth rates over the past three years, specifically from the end of 2022 through March 2026. Abu Dhabi Islamic Bank achieved asset growth of 70.3%, compared to 45.6% for Dubai Islamic Bank during the same period.Despite Dubai Islamic Bank’s continued dominance in terms of size, the asset gap between the two banks widened to $36.17 billion by the end of March 2026, compared to $32.60 billion at the end of 2022. This reflects Dubai Islamic Bank’s continued ability to maintain its leadership despite the accelerating growth pace of its competitor.In terms of deposits, Abu Dhabi Islamic Bank posted strong growth of 73.2% over the last three years, compared to 62.1% for Dubai Islamic Bank during the same period.Nevertheless, the gap between the two banks in deposits expanded to $22.50 billion by the end of March 2026, up from $16.48 billion at the end of 2022, driven by the continued strong growth of Dubai Islamic Bank’s customer base and its larger market size.Regarding financing activity, Abu Dhabi Islamic Bank achieved strong growth in net customer financing of 79.9% over the last three years, compared to 45.4% for Dubai Islamic Bank. This resulted in a slight narrowing of the financing gap to $20.92 billion by the end of March 2026, versus $21.33 billion at the end of 2022.Abu Dhabi Islamic Bank’s advantage is not limited to growth momentum alone; it also extends to profitability and operational efficiency indicators. The bank recorded net profits of $496.85 million during the first quarter of 2026, surpassing Dubai Islamic Bank’s profits of $489.68 million during the same period.Abu Dhabi Islamic Bank also outperformed in return metrics, posting a return on average assets of 2.57% during the first quarter of 2026, compared to 1.72% for Dubai Islamic Bank. In addition, it achieved a return on average equity of 23.38%, compared to 13.33% for the latter, reflecting higher efficiency in utilizing assets and shareholders’ equity to generate profits.On the other hand, Dubai Islamic Bank still retains a strong relative advantage in terms of capital base, with capital reaching approximately $1.97 billion by the end of March 2026, compared to $988.76 million for Abu Dhabi Islamic Bank. This gives it greater flexibility to support future expansion plans and enhance its ability to absorb shocks and potential market fluctuations.In light of the above, Dubai Islamic Bank continues to outperform in terms of portfolio size, while Abu Dhabi Islamic Bank demonstrates more dynamic performance in growth rates and profitability efficiency.Despite the widening gap in some key indicators, the accelerating growth pace of Abu Dhabi Islamic Bank across several areas reflects an improvement in its competitive capabilities.https://en.firstbankeg.com/12951https://en.firstbankeg.com/12951First BankAl Ahli Bank of Kuwait - Egypt achieves EGP 2.5 billion Net Profit in the first Quarter of 2026Wed, 20 May 2026 12:52:26 +02002026-05-20T12:52:26+02:00Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) announced outstanding financial results for the first quarter of 2026 with Net Profit recording EGP 2.5 billion, marking remarkable growth of 100% compared to EGP 1.25 billion for the same period last year. Net Interest Income grew by 38% to reach EGP 2.5 billion, up from EGP 1.82 billion in March2025 andProfit Before Tax surged by 94% to reach EGP 3.15 billion in March 2026 compared to EGP 1.62 billion in the first quarter of 2025.Despite escalating regional tensions, the Bank managed to achieve significant growth across all key performance indicators in the first quarter of the year, cementing its financial position and balance sheet strength. Total Assets grew by 5% to reach EGP 187.8 billion, compared to EGP 178.1 billion in 2025.Total Customers Deposits increased by 6% to EGP 149.4 billion compared to EGP 141 in 2025, and the Bank’s Total Gross Loans Portfolio expanded by 6% to reach EGP 92.5 billion compared to EGP 87.6 billion at the end of 2025.Commenting on these results, Ali Marafi, Chairman of ABK-Egypt, stated: “The remarkable results achieved during the first quarter of 2026 are testament for ABK-Egypt’s efficient business model and agile growth strategy. Despite the prevailing geopolitical and economic conditions, the Bank managed to strengthen its balance sheet, realize significant growth in revenues, and maintain operational efficiency.”Ali Marafi also commented on ABK-Egypt’s continuous pursuit of excellence as one of the fastest growing banks in the Egyptian market, propelled by its ambition for innovation, expansion, digital transformation, and steady growth. ABK-Egypt’s 2026 vision represents a natural progression of its ambitious strategy that focuses on maintaining a resilient and sustainable financial institution powered by financial technology, experienced calibers, and superior customer experience. He also added that the Bank is very appreciative of the efforts orchestrated by the Egyptian Government and pivotal role played by the Central Bank of Egypt (CBE) in driving economic growth, which are expected to yield even greater results in the near future.In the same context,  Khaled El Salawy, CEO & Managing Director of ABK-Egypt commended the Bank’s performance, stating: “These results reaffirm that we are moving forward with the right momentum and confidence towards achieving strong and balanced growth across all business segments. This growth is also reflected across all financial indicators, withNet Profit and Profit Before Tax recording EGP 1.52 billion and EGP 2.18 billion after excluding the impact of foreign exchange revaluation.” Khaled El Salawy further elaborated that the Bank’s achievements are the direct outcome of the unwavering efforts of its team coupled with the growing confidence of its customers, which serve as the best catalyst for achieving growth and operational excellence. He also emphasized the significant progress in digital transformation over the past period. referring to the recent upgrade of its digital platforms and the ongoing efforts towards reengineering internal processes and automating workflows to ensure speed and efficiency, all within ABK-Egypt’s broader vision to build a highly agile ecosystem that best serves our growing customer base. Khaled El Salawyconfirmed that despite global economic challenges and heightened geopolitical uncertainty, the coming period will witness further growth across all business segments driven by the ongoing efforts of the Egyptian government and the Central Bank of Egypt to support and guide the banking sector, as well as the constant efforts exerted by the Bank’s Executive Management team to identify and capitalize on strategic investment opportunities that accelerate growth and capture market share.He added that over the past decade, ABK-Egypt has successfully deployed an integrated strategy to diversify its business portfolio, reflecting its firm belief in aligning corporate synergy with national development plans and Egypt’s Vision 2030 to boost the national economy.Meanwhile, ABK-Egypt will continue to build on its position as a responsible institution within the Egyptian banking sector in 2026 through launching targeted community initiatives in full alignment with CBE directions and its well-articulated CSR strategy that aims at supporting underprivileged communities with special focus drawn to healthcare, education, and sustainable economic empowerment across various segments. In an increasingly dynamic banking landscape, ABK-Egypt reaffirms its commitment to facing these developments through a proactive approach that ensures its readiness for future market priorities. That said, the Bank will continue to develop its institutional capabilities and optimize its operational efficiency, while seizing new opportunities that reinforce its long-term growth trajectory.https://en.firstbankeg.com/12957https://en.firstbankeg.com/12957Suez Canal Bank, EGBANK, and ADIB Egypt are the fastest-growing banks listed on the EGX in terms of net interest income during Q1 2026Suez Canal Bank seizes the top position, rising third place in the Q1 2025 ranking, in a clear reflectionThu, 21 May 2026 10:45:48 +02002026-05-20T10:45:48+02:00<h3 dir="ltr">Suez Canal Bank seizes the top position, rising from third place in the Q1 2025 ranking, in a clear reflection of its effective management of interest margins amid a high interest-rate environment</h3><h3 dir="ltr">«EGBANK» and «ADIB Egypt» maintained their positions among the top five during Q1 of both 2025 and 2026</h3><h3 dir="ltr">A 18.6% growth in net interest income was recorded across 10 banks listed on the Egyptian Stock Exchange</h3><h3 dir="ltr">«Commercial International Bank Egypt» ranked first in terms of net interest income, while QNB came in second.</h3>The «First Bank» ranking of the fastest-growing listed banks in net interest income during Q1 2026 revealed that Canal Bank topped the list with a growth rate of 54.8%, after recording net interest income of around EGP 2.60 bn in Q1 2026, compared to EGP 1.68 bn in Q1 2025, thus rising from third place in the Q1 2025 ranking.«EGBANK» ranked second, with a growth rate of 28.3% during Q1 2026, after reporting net interest income of about EGP 2.41 bn, compared to EGP 1.88 bn in the same period of 2025.ADIB Egypt came in third place, as its net interest income increased by 26% during Q1 2026, reaching EGP 5.80 bn, compared to EGP 4.60 bn in Q1 2025.The ranking, which included 10 banks out of 12 listed banks for which financial data were available, showed that all banks achieved positive growth rates in net interest income during Q1 2026.Canal Bank, EG Bank, and ADIB Egypt maintained their positions among the top five fastest-growing listed banks in net interest income for both Q1 2025 and Q1 2026.Foreign banks secured two positions among the top five out of the four foreign banks included in the ranking, namely ADIB Egypt, QNB, Al Baraka Bank Egypt, and Credit Agricole Egypt.Regarding Islamic banks included in the ranking, ADIB Egypt and Al Baraka Bank Egypt recorded a 19.8% growth in net interest income, reaching EGP 7.68 bn in Q1 2026, compared to EGP 6.41 bn in the same period of 2025.It is worth noting that all values and growth rates mentioned above are based on the standalone financial statements published by each bank as of March 2026.https://en.firstbankeg.com/12950https://en.firstbankeg.com/12950Faisal Islamic Bank, «EBank», and «EGBANK» Ranked as the Fastest-Growing EGX-Listed Banks in Net Profits During Q1 2026Wed, 20 May 2026 10:30:39 +02002026-05-20T10:30:39+02:00<h3 dir="ltr">Faisal Islamic seizes the top spot, climbing from last place in the Q1 2025 ranking</h3><h3 dir="ltr">«EGBANK» and Suez Canal Bank maintained their positions among the top five during Q1 2025 and Q1 2026</h3><h3 dir="ltr">Only one foreign bank appeared among the five fastest-growing banks, while three banks recorded relatively weak rankings</h3><h3 dir="ltr">Islamic banks secured only one seat among the top five out of three banks included in the ranking</h3><h3 dir="ltr">Three listed banks reported declines in net profits</h3>The First Bank ranking of the fastest-growing banks listed on the Egyptian Exchange in terms of net profit growth during the first quarter of 2026 revealed that Faisal Islamic Bank ranked first, recording a growth rate of 232.5%, The bank’s net profit reached approximately EGP 2.93 billion during Q1 2026, compared to EGP 881.64 million during the same period of 2025, thereby rising sharply from its ranking in Q1 2025.The Export Development Bank of Egypt «EBank» ranked second, achieving a 53.4% growth rate during Q1 2026. The bank reported net profits of approximately EGP 2.02 billion during Q1 2026, compared to EGP 1.32 billion in the corresponding period of 2025.Meanwhile, «EGBANK» secured third place, with net profits increasing by 35.9% during Q1 2026 to reach EGP 1.06 billion, compared to EGP 781.45 million during the same period of 2025.The ranking, which covered 11 banks out of 12 listed on the Egyptian Exchange for which the required financial data was available, showed that 8 banks achieved positive growth rates, while 3 banks recorded notable declines in net profits.The ranking also highlighted the dominance of private-sector banks, which captured all positions among the top five fastest-growing banks, including Faisal Islamic Bank, EBank, EGBANK, QNB Egypt, and Suez Canal Bank.At the level of foreign banking groups operating in Egypt, only one foreign-affiliated bank appeared among the top five fastest-growing listed banks in net profits, represented by QNB Egypt.As for Islamic banks, they secured only one position among the top five, with Faisal Islamic Bank ranking first.It is worth noting that all figures and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of March 2026.https://en.firstbankeg.com/12949https://en.firstbankeg.com/12949Foreign exchange rates at the beginning of Wednesday tradingWed, 20 May 2026 09:41:06 +02002026-05-20T09:41:06+02:00Foreign currency exchange rates witnessed a decline at the start of trading in Egyptian banks on Wednesday, May 20, 2026. The following report details the exchange rates in Egyptian banks:<h3 data-path-to-node="23">US Dollar</h3>The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 53.0691 for buying and EGP 53.1691 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at «ADIB» at EGP 53.29 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 53.07 at the start of trading today.<h3 data-path-to-node="26">Euro</h3>The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 61.6504 for buying and EGP 61.7772 for selling, according to the latest data from the Central Bank.The highest buying price was at «ADIB» at EGP 62.01 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 61.88 at the start of trading today.<h3 data-path-to-node="29">British Pound</h3>The British pound recorded a decrease against the Egyptian pound yesterday, reaching EGP 71.1286 for buying and EGP 71.2679 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 71.45 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 71.31 at the start of trading today.<h3 data-path-to-node="32">Saudi Riyal</h3>The Saudi riyal recorded a decrease by the close of yesterday's trading, reaching EGP 14.1416 for buying and EGP 14.1690 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 14.20 at the start of trading today.The lowest selling price was at First Abu Dhabi Bank «FAB» at EGP 14.15 at the start of trading today.<h3 data-path-to-node="35">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded a decrease by the close of yesterday's trading in Egypt, reaching EGP 172.9482 for buying and EGP 173.3305 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «AIB» at EGP 173.26 at the start of trading today.The lowest selling price was at First Abu Dhabi Bank «FAB» at EGP 172.19 at the start of trading today.<h3 data-path-to-node="38">UAE Dirham</h3>The UAE dirham also recorded a decrease by the close of yesterday's trading in Egypt, reaching EGP 14.4481 for buying and EGP 14.4481 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 14.51 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 14.46 at the start of trading today.https://en.firstbankeg.com/12948https://en.firstbankeg.com/12948Egypt’s banking sector performance on EGX at TuesdayThe banking sector in the Egyptian Stock Exchange closed in todays trading session on Tuesday , May 18, 2026,Tue, 19 May 2026 16:28:06 +02002026-05-19T16:28:06+02:00The banking sector in the Egyptian Stock Exchange closed in today’s trading session on Tuesday , May 18, 2026, recording a increased in its market capitalization by 1.43%, reaching EGP 881.925 billion at the end of today’s session, compared to 869.533 the previous day’s closing.The sector’s market capitalization accounted for 24.14% of the total market capitalization, the highest share among all listed sectors on the exchange.Trading value on banking sector stocks reached EGP 707.476  million, representing 7.45%  of the total trading value on the exchange today. A total of 10.007  million shares were traded in the sector, accounting for 0.48% of the overall trading volume of the market.The Egyptian Exchange closed today’s trading session on a collective rise across its main indices, amid foreign investors’ tendency toward buying, recording net purchases of EGP 258.8 million.The main index “EGX30” rose by 1.48% to 52.774 points, while the “EGX70” index increased by 0.71% to 14.771 points, and the “EGX100” index increase by 0.72%  to reach 20.579 points.https://en.firstbankeg.com/12947https://en.firstbankeg.com/12947EGP index rose against a basket of major currencies to 35.410 points at today's tradingTue, 19 May 2026 16:26:37 +02002026-05-19T16:26:37+02:00The Egyptian pound index recorded gains against major currencies by the close of trading on Tuesday, May 19, with the index rising to 35.410 points, compared with 35.262 points at the close of Monday’s session.The increase in the Egyptian pound index was driven by its appreciation against the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan at the end of today’s trading.The average selling price of the U.S. dollar declined to EGP 53.17 from EGP 53.37 by the close of trading, while the average buying price fell from EGP 53.27 to EGP 53.17.The average selling price of the euro also decreased to EGP 61.78 from EGP 62.13, while the average buying price dropped from EGP 62.01 to EGP 61.65.Meanwhile, the average selling price of the British pound declined to EGP 71.27 from EGP 71.39, while the average buying price edged down to EGP 71.13 from EGP 71.23.The average selling price of the Japanese yen fell to EGP 33.41 from EGP 33.60, while the average buying price decreased to EGP 33.35 from EGP 33.54.The average selling price of the UAE dirham dropped to EGP 14.48 from EGP 14.53, while the average buying price declined to EGP 14.45 from EGP 14.50.Similarly, the average selling price of the Saudi riyal eased to EGP 14.17 from EGP 14.22, while the average buying price fell to EGP 14.14 from EGP 14.19.The average selling price of the Chinese yuan also declined to EGP 7.81 from EGP 7.85, while the average buying price edged down to EGP 7.80 from EGP 7.83 by the end of trading.https://en.firstbankeg.com/12946https://en.firstbankeg.com/12946Foreign exchange rates at the end of Tuesday tradingTue, 19 May 2026 15:49:36 +02002026-05-19T15:49:36+02:00The foreign exchange rates witnessed decreases at the close of Tuesday 19 May 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:<h3 data-path-to-node="2">US Dollar</h3>The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 53.0691 for buying and EGP 53.1691 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at ADIB at EGP 53.29 at the close of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD at EGP 53.07 at the close of Egyptian bank trading today.<h3 data-path-to-node="5">Euro</h3>The euro recorded a decrease against the Egyptian pound today, reaching EGP 61.6504 for buying and EGP 61.7772 for selling, according to the latest data from the Central Bank.The highest buying price was at ADIB at EGP 62.01 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 61.88 at the close of Egyptian bank trading today.<h3 data-path-to-node="8">British Pound</h3>The British pound also recorded a decrease against the Egyptian pound today, reaching EGP 71.1286 for buying and EGP 71.2679 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 71.45 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 71.31 at the close of Egyptian bank trading today.<h3 data-path-to-node="11">Saudi Riyal</h3>The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 14.1416 for buying and EGP 14.1690 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.20 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 14.15 at the close of Egyptian bank trading today.<h3 data-path-to-node="14">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 172.9482 for buying and EGP 173.3305 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at AIB at EGP 173.26 at the close of Egyptian bank trading today.The lowest selling price was at FAB at EGP 172.19 at the close of Egyptian bank trading today.<h3 data-path-to-node="17">UAE Dirham</h3>The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 14.4481 for buying and EGP 14.4481 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.51 at the close of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD at EGP 14.46 at the close of Egyptian bank trading today.https://en.firstbankeg.com/12977https://en.firstbankeg.com/12977Strong Competition Between Warba Bank and CIH Bank Over the Largest Arab Banks by Deposits RankingTue, 26 May 2026 04:22:28 +02002026-05-19T15:14:00+02:00The First Bank  ranking of the largest 100 Arab banks by deposits at the end of 2025 revealed the continued intensity of competition among Arab banks within the mid-tier segment, amid the relative convergence in deposit portfolio sizes among several closely ranked banks.In this context, strong competition has emerged between Warba Bank and CIH Bank to break into the list of the top 50 Arab banks by deposit size.According to the ranking, Warba Bank came in 50th place after recording deposits of approximately $11.40 billion by the end of 2025, while CIH Bank ranked 51st with a deposit portfolio totaling $10.91 billion, leaving a gap of no more than $488 million between the two banks, reflecting the close proximity in size between them.To anticipate the potential direction of competition by the end of 2026, customer deposit growth at both banks was analyzed over the period from 2022 to 2025. Warba Bank recorded a compound annual growth rate (CAGR) of approximately 9%, with its deposit portfolio rising from $8.74 billion at the end of 2022 to $11.40 billion by the end of 2025.In contrast, CIH Bank achieved a faster growth pace, recording a CAGR of around 22%, as its deposits jumped from approximately $5.99 billion at the end of 2022 to $10.91 billion by the end of 2025. This rapid expansion significantly narrowed the gap with Warba Bank.Based on these figures, and assuming the continuation of the current growth rates, projections indicate that CIH Bank could overtake Warba Bank by the end of 2026. CIH Bank’s deposits are expected to rise to approximately $13.32 billion, compared with around $12.45 billion for Warba Bank, potentially leading to a shift in their positions within the ranking of the top 50 Arab banks by deposits.These indicators reflect the growing intensity of competition for mid-tier positions within the ranking, particularly given the narrow differences in deposit volumes among several banks. As a result, maintaining positions within the list is becoming increasingly tied to the ability to achieve sustainable growth and accelerate the expansion of deposit bases in the coming periods.https://en.firstbankeg.com/12976https://en.firstbankeg.com/12976Between Strong Growth and Stability… How Did UAE Banks Move in the «First Bank» Ranking of the Largest Arab Banks?Tue, 26 May 2026 04:19:45 +02002026-05-19T12:10:00+02:00 «First Bank» ranking of the largest 100 Arab banks by the end of 2025 revealed a state of relative stability in the performance of UAE banks within the ranking, with the Stability Index reaching nearly 71% compared with 2024 data.The UAE banking sector secured 18 spots in the ranking by the end of 2025, compared with 17 spots at the end of 2024, reflecting the continued strong presence of UAE banks among the largest Arab banking institutions.“First Bank” had previously launched the Stability Index to measure banks’ movements within the ranking based on four main categories. Banks that maintained their positions without change are classified under “Full Stability,” while banks that moved between one and three positions fall under the “Stable Movement” category.Banks whose rankings changed between four and ten positions are classified under “Moderate Movement,” while banks that shifted by more than ten places are categorized under “Major Movements,” reflecting sharp changes in their standings within the ranking.The index also divided Arab banks in the ranking into three main groups. The first group includes large banks with assets exceeding $50 billion, the second group includes mid-sized banks with assets ranging between $15 billion and $50 billion, while the third group includes emerging banks with assets below $15 billion.The ranking revealed the presence of six UAE banks within the first group — banks with assets exceeding $50 billion — which appeared to be the most stable segment. Three of these banks maintained their positions without change compared with 2024 data, placing them within the “Full Stability” category: Emirates NBD in fourth place, Abu Dhabi Commercial Bank in sixth place, and Dubai Islamic Bank in 12th place.Meanwhile, the other three banks recorded limited upward movements ranging between one and two positions, placing them within the “Stable Movement” category. First Abu Dhabi Bank climbed to the top of the ranking by the end of 2025, compared with second place at the end of 2024.Mashreq Bank also advanced to 13th place by the end of 2025, compared with 15th place at the end of 2024, while Abu Dhabi Islamic Bank rose to 19th place instead of 20th place at the end of 2024.As for the second group — banks with assets ranging between $15 billion and $50 billion — it included six UAE banks, where movements appeared more diverse compared with the first group. Four banks recorded movements ranging between one and three positions, placing them within the “Stable Movement” category.Commercial Bank of Dubai climbed to 31st place by the end of 2025, compared with 32nd place at the end of 2024, while National Bank of Ras Al Khaimah advanced to 40th place compared with 43rd place at the end of 2024.Sharjah Islamic Bank also rose to 43rd place by the end of 2025, compared with 46th place at the end of 2024, while National Bank of Fujairah advanced to 50th place at the end of last year instead of 52nd place.In contrast, Emirates Islamic recorded a moderate movement of five positions after climbing to 32nd place by the end of 2025, compared with 37th place at the end of 2024, placing it within the “Moderate Movement” category.Meanwhile, Wio Bank achieved the largest jump within the ranking after advancing 13 positions at once, supported by recording the highest asset growth rate among UAE banks in the ranking. Its assets increased by approximately 63.5% during 2025, allowing it to reach 59th place compared with 72nd place at the end of 2024.At the level of the third group — banks with assets below $15 billion — which included five UAE banks, movements appeared more volatile despite Bank of Sharjah maintaining its position in 67th place without change, placing it within the “Full Stability” category.Commercial International Bank UAE joined the “Stable Movement” category after advancing three positions to 83rd place by the end of 2025, compared with 86th place at the end of 2024.Two banks fell under the “Moderate Movement” category, as Ajman Bank advanced eight positions to 76th place by the end of 2025, compared with 84th place at the end of 2024, while United Arab Bank climbed five positions to 80th place compared with 85th place at the end of 2024. Meanwhile, National Bank of Umm Al Qaiwain joined the “Major Movements” category after advancing 12 positions at once to 81st place by the end of 2025, compared with 93rd place at the end of 2024.As for The Investment Bank, it joined the ranking by the end of 2025 after occupying 99th place, while it had been outside the list of the largest 100 Arab banks at the end of 2024.According to the data, the UAE banking sector continued strengthening its presence within the ranking of the largest 100 Arab banks amid a state of relative stability in rankings, especially among major banks. This reflects the strength of their capital bases and the continued balanced growth of UAE banks.The recorded movements within the ranking also carried an entirely positive tone, as all UAE banks either maintained or improved their positions within the list, with no bank recording a decline in ranking compared with 2024 data.https://en.firstbankeg.com/12956https://en.firstbankeg.com/12956ADIB Egypt, «QNB», and «EGBANK» are the fastest-growing banks listed on the EGX in terms of customer deposits during Q1 2026ADIB Egypt rises to the top of the ranking second place in the 2025 classificationForeign banking groupsThu, 21 May 2026 10:26:42 +02002026-05-19T10:26:42+02:00<h3 dir="ltr">ADIB Egypt rises to the top of the ranking from second place in the 2025 classification</h3><h3 dir="ltr">Foreign banking groups secured two positions among the top five fastest-growing listed banks in deposits, out of a total of four foreign banks included in the ranking</h3><h3 dir="ltr">Islamic banks captured two spots among the top five fastest-growing banks, out of a total of three Islamic banks covered in the ranking</h3>The «First Bank» ranking of the fastest-growing banks listed on the Egyptian Stock Exchange in terms of deposit growth during Q1 2026 revealed that ADIB Egypt topped the list with a growth rate of 15.5%, after its customer deposits portfolio increased to approximately EGP 321.31 bn by the end of March 2026, compared to EGP 278.09 bn at the end of 2025.«QNB» ranked second, posting a growth rate of 13.04%, with its customer deposits portfolio reaching approximately EGP 880.94 bn by the end of March 2026, compared to EGP 779.31 bn at the end of 2025.«EGBANK» came in third place, recording a growth rate of 12.96%, as its customer deposits portfolio rose to approximately EGP 120.45 bn by the end of March 2026, compared to EGP 106.64 bn at the end of 2025.The ranking, which covered 11 banks listed on the Egyptian Stock Exchange out of a total of 12 listed banks for which the required financial data were available, showed that all banks achieved positive growth rates in their total customer deposit portfolios during Q1 2026.At the level of foreign banking groups operating in Egypt, they secured two positions among the top five fastest-growing listed banks in deposits, namely: ADIB Egypt and QNB.Regarding the Islamic banks included in the ranking, ADIB Egypt, Al Baraka Bank Egypt, and Faisal Islamic Bank of Egypt recorded a combined growth of 11.68% in their customer deposit portfolios, reaching EGP 665.91 bn by the end of March 2026, compared to EGP 596.29 bn at the end of 2025.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 year-end 2025.https://en.firstbankeg.com/12945https://en.firstbankeg.com/12945Foreign exchange rates at the beginning of Tuesday tradingForeign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Tuesday, MaTue, 19 May 2026 10:03:11 +02002026-05-19T10:03:11+02:00Foreign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Tuesday, May 19, 2026. The following report details the exchange rates in Egyptian banks:<h3 data-path-to-node="23">US Dollar</h3>The average price of the US dollar recorded a slight increase against the Egyptian pound yesterday, reaching EGP 53.2640 for buying and EGP 53.4026 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at Egyptian Arab Land Bank «EALB» at EGP 53.50 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 53.27 at the start of trading today.<h3 data-path-to-node="26">Euro</h3>The euro recorded a slight increase against the Egyptian pound yesterday, reaching EGP 61.9354 for buying and EGP 62.1019 for selling, according to the latest data from the Central Bank.The highest buying price was at Egyptian Arab Land Bank «EALB» at EGP 62.11 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 62.03 at the start of trading today.<h3 data-path-to-node="29">British Pound</h3>The British pound recorded an increase against the Egyptian pound yesterday, reaching EGP 71.1021 for buying and EGP 71.2924 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «MID Bank» at EGP 71.17 at the start of trading today.The lowest selling price was at Commercial International Bank «CIB» at EGP 71.11 at the start of trading today.<h3 data-path-to-node="32">Saudi Riyal</h3>The Saudi riyal recorded a slight increase by the close of yesterday's trading, reaching EGP 14.1920 for buying and EGP 14.2297 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 14.23 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» and Faisal Islamic Bank at EGP 14.21 at the start of trading today.<h3 data-path-to-node="35">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded a slight increase by the close of yesterday's trading in Egypt, reaching EGP 173.5832 for buying and EGP 174.0915 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «AIB» at EGP 173.91 at the start of trading today.The lowest selling price was at First Abu Dhabi Bank «FAB» at EGP 173.14 at the start of trading today.<h3 data-path-to-node="38">UAE Dirham</h3>The UAE dirham also recorded an increase by the close of yesterday's trading in Egypt, reaching EGP 14.5011 for buying and EGP 14.5420 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 14.54 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 14.51 at the start of trading today.https://en.firstbankeg.com/12944https://en.firstbankeg.com/12944First Bank Ratings CenterADIB Egypt, ADCB, and Al Baraka are the fastest-growing banks in syndicated loans during 2025Mon, 18 May 2026 21:22:40 +02002026-05-18T21:22:40+02:00<h3>ADIB Egypt rises to lead the list coming from the fourth place in the 2024 ranking</h3><h3>ADCB, Al Baraka, QNB Egypt, ABK Egypt, and saib: 5 banks maintain their positions among the top 10 fastest-growing banks in syndicated loans for two consecutive years</h3><h3>Significant activity in syndicated loans for foreign banks leads them to secure 8 spots among the top ten </h3><h3>Islamic banks claim two spots among the top ten out of 3 Islamic banks included in the ranking</h3><h3>9 banks witnessed a decline in their syndicated loan portfolios, with Bank of Alexandria decreasing the most</h3>The First Bank list tracking the evolution of syndicated loan portfolios in banks operating in the Egyptian banking sector during 2025 showed that Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) took the first place. Its growth rate reached 126.5% last year, recording 3.31 billion EGP at the end of 2025, compared to 1.46 billion EGP at the end of 2024.Abu Dhabi Commercial Bank – Egypt (ADCB) secured the second place, as its total syndicated loan portfolio rose by about 83.9% during 2025, recording 11.78 billion EGP at the end of last December, compared to 6.40 billion EGP at the end of 2024.Al Baraka Bank claimed the third place with a growth rate of 62.3% during 2025. Its syndicated loans reached 11.98 billion EGP at the end of last December, compared to 7.38 billion EGP at the end of 2024.The First Bank list monitored the development of syndicated loan portfolios at 24 banks operating in the Egyptian banking system with available financial data. The list showed that 15 banks achieved positive growth rates, while 9 banks witnessed a noticeable decline during 2025.ADIB Egypt, ADCB, Al Baraka, QNB Egypt, ABK Egypt, and saib maintained their presence among the 10 fastest-growing banks in syndicated loans for 2025 and 2024 respectively.Foreign banks claimed 8 spots among the top ten out of 14 foreign banks included in the ranking, which are: ADIB Egypt, ADCB, Al Baraka, QNB Egypt, ABK Egypt, FABMISR, NBK, and Emirates NBD.Regarding the Islamic banks in the ranking, ADIB Egypt, Al Baraka, and Kuwait Finance House recorded a growth of 32.1% in syndicated loans, reaching 26.02 billion EGP at the end of 2025, compared to 19.69 billion EGP at the end of 2024.It is worth noting that all values and growth rates mentioned in the analysis above are according to the separate financial statements announced by each bank at the end of 2025.https://en.firstbankeg.com/12943https://en.firstbankeg.com/12943first bankAbu Dhabi Commercial Bank, Attijariwafa Bank and ADIB Egypt Lead Foreign Banks in Net Profit Growth Over the Past 5 YearsMon, 18 May 2026 15:33:57 +02002026-05-18T15:33:57+02:00<h3 dir="ltr">«ADCB» Seizes the Top Spot Backed by Record Profit Growth Gulf Banks Shine, Securing 4 Positions Among the Top 5 Fastest-Growing Foreign Banks in Net Profits Over the Past 5 Years Islamic Banks Capture a Sole Position Among the Top Five, Out of 3 Islamic Banks Included in the Ranking</h3>The “First Bank” ranking of the fastest-growing foreign banks operating in Egypt in terms of net profit growth over the past five years revealed that ADCB ranked first, recording a compound annual growth rate (CAGR) of 65.93%, with net profits rising to EGP 5.73 billion in 2025, compared to EGP 710.25 million in 2021.Attijariwafa Bank Egypt ranked second, posting a CAGR of 64.69% over the last five years, as net profits climbed to EGP 3.51 billion in 2025, up from EGP 544.34 million in 2021.Meanwhile, Abu Dhabi Islamic Bank Egypt (ADIB Egypt) secured third place, with a CAGR of 64.04% during the same period, after net profits surged to EGP 12.22 billion in 2025, compared to EGP 1.38 billion in 2021.The “First Bank” ranking monitored the evolution of net profits across 12 foreign banks operating within the Egyptian banking sector for which financial data was available. The data showed that all banks achieved positive growth rates in their average net profit growth over the past five years.At the level of Gulf banks, the data highlighted their dominance by capturing four positions among the top five banks in the ranking. ADCB came in first place, followed by ADIB in third, Emirates NBD in fourth, while ABK-Egypt ranked fifth.As for Islamic banks, only one bank secured a position among the top five out of the three Islamic banks included in the ranking, namely ADIB Egypt.It is worth noting that all figures and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank for 2025.https://en.firstbankeg.com/12942https://en.firstbankeg.com/12942First Bank«First Bank» Reveals the Latest Edition of the 100 most profitable Arab BanksMon, 18 May 2026 12:08:43 +02002026-05-18T12:08:43+02:00<div class="full-width clearfix"><img src="https://en.firstbankeg.com/UserFiles/NewsInnerImages/2026/05/18/$Id$/WhatsApp_Image_2026-05-18_at_11_38_27_AM_20260518120824.jpg"><div class="caption"> </div></div>https://en.firstbankeg.com/12941https://en.firstbankeg.com/12941Foreign exchange rates at the beginning of Monday tradingMon, 18 May 2026 11:46:42 +02002026-05-18T11:46:42+02:00Foreign currency exchange rates witnessed an increase at the start of trading in Egyptian banks on Monday, May 18, 2026. The following report details the exchange rates in Egyptian banks:<h3 data-path-to-node="23">US Dollar</h3>The average price of the US dollar recorded an increase against the Egyptian pound yesterday, reaching EGP 53.2237 for buying and EGP 53.3637 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at «ADIB» at EGP 53.35 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 52.45 at the start of trading today.<h3 data-path-to-node="26">Euro</h3>The euro recorded a slight increase against the Egyptian pound yesterday, reaching EGP 61.8726 for buying and EGP 62.0460 for selling, according to the latest data from the Central Bank.The highest buying price was at «HSBC» at EGP 62.32 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 61.22 at the start of trading today.<h3 data-path-to-node="29">British Pound</h3>The British pound recorded a decrease against the Egyptian pound yesterday, reaching EGP 70.8993 for buying and EGP 71.1285 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «HSBC» at EGP 71.93 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 70.32 at the start of trading today.<h3 data-path-to-node="32">Saudi Riyal</h3>The Saudi riyal recorded an increase by the close of yesterday's trading, reaching EGP 14.1828 for buying and EGP 14.2208 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 14.22 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 13.99 at the start of trading today.<h3 data-path-to-node="35">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded an increase by the close of yesterday's trading in Egypt, reaching EGP 173.4519 for buying and EGP 173.9648 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «AIB» at EGP 173.82 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 172.76 at the start of trading today.<h3 data-path-to-node="38">UAE Dirham</h3>The UAE dirham also recorded an increase by the close of yesterday's trading in Egypt, reaching EGP 14.4878 for buying and EGP 14.5302 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 14.52 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 14.29 at the start of trading today.https://en.firstbankeg.com/12940https://en.firstbankeg.com/12940First Bank Ratings Center«First Bank» Reveals the Latest Edition of the 100 most profitable Arab BanksSaudi National Bank leads the list with a net profit of 6.66 billion dollars, and Al Rajhi Bank comes in seconMon, 18 May 2026 11:41:35 +02002026-05-18T11:41:35+02:00<h3 data-path-to-node="1">Saudi National Bank leads the list with a net profit of 6.66 billion dollars, and Al Rajhi Bank comes in second with profits of 6.62 billion dollars</h3><h3 data-path-to-node="1">The UAE banking sector participates with 18 banks and controls 31% of the list's profits</h3><h3 data-path-to-node="1">Notable appearance of 13 Egyptian banks on the list, with National Bank of Egypt, Banque Misr, CIB, and AAIB being the most prominent</h3>The First Bank ranking for the top 100 most profitable banks in the Arab world during 2025 revealed that the UAE banking sector took the lead, participating with 18 banks and acquiring around 31% of the list's profits, while Egyptian banks secured 13 spots, acquiring around 11% of the profits.The Saudi banking sector outperformed in terms of its share of net profits, despite being equal in the number of banks with the Jordanian banking sector at 10 spots each, as it captured around 30% of the list's profits, compared to 2.7% for the Jordanian banking sector.Although Qatar and Kuwait were equal in the number of banks with 9 spots for each country, Qatari banks captured around 10% of the net profits, compared to around 7% for Kuwaiti banks during 2025.Bahraini banks recorded a presence with 8 spots, acquiring around 2% of the list's profits, and Moroccan banks occupied 7 spots to acquire 3.7% of the net profits, while the Sultanate of Oman recorded a presence with 6 banks, with a share of around 1.7% of the net profits during the same year.On the level of countries with limited contributions, whose shares did not exceed 1% of the list's profits, Tunisian banks came with 4 spots, while the representation of Algeria and Iraq was limited to only two spots each, whereas Palestine and Lebanon recorded a limited presence with one spot each.The ranking relied on ordering the banks according to the announced net profit valued in US dollars, providing a unified comparison tool between different banking institutions. The ranking also excluded banks for which official data was not available, to ensure the accuracy of the results and the reliability of the adopted methodology.On the level of the top 10 banks' ranking, the classification revealed some movements in the top three positions, while banks from the fourth to the tenth position maintained their places without change, compared to the First Bank list for the top 100 most profitable banks during the first 9 months of 2025.The ranking witnessed an exchange of positions among Saudi National Bank, Al Rajhi Bank, and Emirates NBD; as Saudi National Bank came at the forefront, and Al Rajhi Bank advanced to take the second place, outperforming Emirates NBD which declined to the third place compared to the third quarter data of 2025.Saudi National Bank occupied the first place, with a net profit of 6.66 billion dollars during 2025.Al Rajhi Bank came in second place with a net profit of 6.62 billion dollars during the same year.Emirates NBD controlled the third place with a net profit of around 6.54 billion dollars last year.First Abu Dhabi Bank secured the fourth place with a net profit of around 5.77 billion dollars during 2025.Qatar National Bank took the fifth place with a net profit reaching around 4.75 billion dollars during 2025.National Bank of Egypt came in sixth place with a net profit of 3.68 billion dollars during the same year.Abu Dhabi Commercial Bank occupied the seventh place after its profits recorded around 3.12 billion dollars during 2025.Riyad Bank acquired the eighth place, as its profits recorded around 2.78 billion dollars by the end of last year.Kuwait Finance House came ninth, after its net profit recorded around 2.34 billion dollars during 2025.As for the tenth place, it went to SAB bank with a net profit of 2.25 billion dollars during 2025.It is worth noting that the ranking included the parent banking groups in various Arab countries and did not include their foreign subsidiaries.https://en.firstbankeg.com/12939https://en.firstbankeg.com/12939EGP index decreased against a basket of major currencies to 35.344 points at today's tradingSun, 17 May 2026 17:20:41 +02002026-05-17T17:20:41+02:00The Egyptian pound index declined against major currencies at the close of trading on Sunday, May 15, falling to 35.344 points, compared to 35.499 points at the close of trading last Thursday.The pound's decline was attributed to its weakness against the US dollar, the euro, the Japanese yen, the UAE dirham, the Saudi riyal, and the Chinese yuan, while it strengthened against the British pound at the close of trading.The average selling price of the US dollar rose from EGP 52.95 to EGP 53.34 at the close of trading, while the average buying price increased from EGP 52.85 to EGP 53.24.Similarly, the average selling price of the euro rose from EGP 61.96 to EGP 62.02 at the close of trading, and the average buying price increased from EGP 61.83 to EGP 61.89. The average selling price of the Chinese yuan rose from EGP 7.80 to EGP 7.83 at the close of trading today, while the average buying price increased from EGP 7.78 to EGP 7.82.The average selling price of the Japanese yen rose from EGP 33.52 to EGP 33.60 at the close of trading today, and the average buying price increased from EGP 33.46 to EGP 33.53.The average selling price of the UAE dirham rose from EGP 14.42 to EGP 14.52 at the close of trading today, and the average buying price increased from EGP 14.39 to EGP 14.49.The average selling price of the Saudi riyal also rose from EGP 14.11 to EGP 14.22 at the close of trading today, and the average buying price increased from EGP 14.09 to EGP 14.19.  The average selling price of the British pound fell from 71.57 Egyptian pounds to 71.10 Egyptian pounds at the close of trading today, while the average buying price fell from 71.39 Egyptian pounds to 70.92 Egyptian pounds at the end of trading today.https://en.firstbankeg.com/12938https://en.firstbankeg.com/12938The philosophy of Amr El-Shafie has helped shape a strong presence for Emirates NBD in the retail banking market.Sun, 17 May 2026 16:06:21 +02002026-05-17T16:06:21+02:00The retail banking market in Egypt is witnessing a deep structural transformation, driven by changing customer behavior, accelerating digital transformation, and growing demand for more flexible and customized financing products. This has pushed banks to fundamentally redesign their competitive strategies in order to expand market share and strengthen their presence in an increasingly competitive environment.Within this context, the philosophy of Amr El-Shafie, CEO of Emirates NBD Egypt, who took office in early 2023, stands out in redefining growth within retail banking. His approach is based on operational flexibility, expanding the target customer base, and maximizing the use of digital solutions and innovation, rather than relying on traditional branch expansion and geographic spread.This vision has been clearly reflected in a series of decisive executive moves, including a comprehensive restructuring of the retail banking division and the appointment of Mostafa Ramzy as Head of Retail Banking and Wealth Management in early 2023, which enhanced management efficiency and improved the speed and quality of decision-making within one of the bank’s most critical sectors.The strategy also extended to reshaping the operational infrastructure of the division by developing distribution channels, accelerating digital transformation, and launching more advanced financing products closely aligned with customers’ actual needs, strengthening the bank’s ability to compete in a highly dynamic and saturated market.Financial indicators since El-Shafie assumed leadership clearly reflect the impact of this strategy, as the retail loan portfolio surged by 93.8% to reach EGP 24.22 billion by the end of March 2026, compared to EGP 12.50 billion at the end of 2022—an increase of EGP 11.72 billion.This expansion did not come at the expense of portfolio quality, as asset quality slightly improved to 99.54% by March 2026, compared to 99.16% in 2022, supported by a decline in the non-performing loans ratio for individuals to 0.46% from 0.84%, reflecting strong risk management and sound credit policies.The bank’s retail loan portfolio is structured according to a well-balanced framework that reflects a diversification strategy and return optimization, including personal loans, auto loans, and credit cards as the main growth drivers in retail banking.Personal loans remain the largest component of the portfolio, growing by 70.8% during the period to reach EGP 18.57 billion by March 2026, compared to EGP 10.87 billion at the end of 2022.Auto loans delivered exceptional growth, rising from EGP 1.07 billion in 2022 to EGP 3.39 billion by March 2026, a 217.5% increase, reflecting an aggressive expansion into one of the fastest-growing consumer finance segments.Credit card balances also increased significantly by 305.2%, reaching EGP 2.25 billion by March 2026, compared to EGP 556.49 million in 2022.Overall, the performance of Emirates NBD Egypt reflects a successful and balanced expansion strategy in retail banking under the leadership of Amr El-Shafie and his team, combining strong growth in retail lending with sustained portfolio quality.As the market continues to evolve and competition intensifies, the key challenge for the bank remains maintaining this momentum while further enhancing innovation and digital expansion.https://en.firstbankeg.com/12937https://en.firstbankeg.com/1293726 banks operating in the Egyptian market ranked among First Bank’s Top 100 Most Profitable Arab Banks.A recent ranking issued by First Bank for the Top 100 Most Profitable Arab Banks in 2025 revealed the presenceSun, 17 May 2026 15:59:07 +02002026-05-17T15:59:07+02:00A recent ranking issued by First Bank for the Top 100 Most Profitable Arab Banks in 2025 revealed the presence of 26 banks operating in the Egyptian market during 2025, including 13 local banks carrying Egyptian brands and 13 banks affiliated with foreign banking groups operating in Egypt.The ranking was based on banks’ reported net profits converted into U.S. dollars, providing a unified comparison tool among different banking institutions. The ranking also excluded banks with unavailable official data to ensure the accuracy of the results and the reliability of the adopted methodology.<h3>Egyptian Banks in the Ranking</h3>National Bank of Egypt secured the sixth position among Arab banks and ranked first among Egyptian banks after recording net profits of approximately $3.68 billion during 2025.Banque Misr came in 14th place among Arab banks and second among Egyptian banks, with net profits totaling $1.90 billion during 2025.CIB ranked 16th among Arab banks and third among Egyptian banks after posting net profits of $1.72 billion during 2025.Arab African International Bank ranked 36th among Arab banks and sixth among Egyptian banks, with net profits of $362.12 million. It was followed by Housing and Development Bank in 37th place among Arab banks and seventh among Egyptian banks after reporting net profits of approximately $360.71 million during 2025.Banque du Caire captured 41st place among Arab banks and ninth among Egyptian banks with net profits of $338.21 million during 2025, while Bank of Alexandria ranked 45th among Arab banks and 10th among Egyptian banks with net profits of $289.08 million during the same year.Suez Canal Bank ranked 70th among Arab banks and 14th among Egyptian banks with net profits of $134.62 million, followed by Export Development Bank of Egypt in 75th place among Arab banks and 16th among Egyptian banks after recording net profits of $125.91 million during 2025.Faisal Islamic Bank of Egypt ranked 83rd among Arab banks and 19th among Egyptian banks after posting net profits of $90.78 million, followed by EGBANK in 85th place among Arab banks and 20th among Egyptian banks with net profits of $85.65 million during 2025.BANK NXT secured 89th place among Arab banks and 24th among Egyptian banks with net profits totaling $66.64 million during 2025.United Bank of Egypt came in 96th place among Arab banks and 26th among Egyptian banks with net profits of $48.34 million during 2025.<h3>Foreign Banking Groups Operating in Egypt Included in the Ranking</h3>Emirates NBD ranked third among Arab banks after recording approximately $6.54 billion in profits during 2025, while the group’s subsidiary in Egypt posted net profits of around $127.52 million during the same year.First Abu Dhabi Bank ranked fourth among Arab banks with profits of approximately $5.77 billion during 2025, while its Egyptian subsidiary recorded net profits of about $349.25 million during the same year.QNB ranked fifth among Arab banks after generating approximately $4.75 billion in profits during 2025, while the group’s Egyptian subsidiary recorded net profits of around $610.49 million during the same year.Abu Dhabi Commercial Bank ranked seventh among Arab banks after posting approximately $3.12 billion in profits during 2025, while its Egyptian subsidiary achieved net profits of around $120.04 million during the same year.Kuwait Finance House ranked ninth among Arab banks after generating approximately $2.34 billion in profits during 2025, while its Egyptian subsidiary posted net profits of around $85.62 million during the same year.National Bank of Kuwait ranked 12th among Arab banks after generating approximately $2 billion in profits during 2025, while its Egyptian subsidiary recorded net profits of approximately $169.60 million during the same year.Abu Dhabi Islamic Bank ranked 13th among Arab banks after recording approximately $1.93 billion in profits during 2025, while its Egyptian subsidiary posted net profits of around $256.27 million during the same year.Attijariwafa Bank ranked 20th among Arab banks after recording approximately $1.36 billion in profits during 2025, while its Egyptian subsidiary generated net profits of around $73.61 million during the same year.Al Baraka Group ranked 39th among Arab banks after posting approximately $356.82 million in profits during 2025, while its Egyptian subsidiary recorded net profits of around $84.28 million during the same year.Bank ABC ranked 44th among Arab banks after generating approximately $327 million in profits during 2025, while its Egyptian subsidiary posted net profits of around $50.51 million during the same year.Al Ahli Bank of Kuwait ranked 59th among Arab banks after generating approximately $204.51 million in profits during 2025, while its Egyptian subsidiary recorded net profits of around $102.70 million during the same year.It is worth noting that both Mashreq Bank and Arab Bank were included in the ranking in 15th and 22nd places among Arab banks, respectively. Mashreq Bank recorded net profits of $1.9 billion, while Arab Bank posted net profits of $1.13 billion during 2025. However, neither bank disclosed the profits generated from their operations in Egypt.https://en.firstbankeg.com/12936https://en.firstbankeg.com/12936QNB Egypt positions itself at the forefront of private-sector banks in personal lendingQNB Egypt successfully regained its position as the leading private-sectorbankin personal lending by the endSun, 17 May 2026 15:47:18 +02002026-05-17T15:47:18+02:00QNB Egypt successfully regained its position as the leading private-sector bank in personal lending by the end of March 2026, after an absence that lasted nearly five years since losing the top spot in 2020 and falling to second place, reflecting the bank’s strong performance and accelerating growth within one of the most competitive banking segments.This shift comes supported by a clear expansion strategy led by Mohamed Bedeir and his executive team, as part of the bank’s ongoing efforts to strengthen its presence in the retail banking market and expand its ability to attract new customer segments.Previously, First Bank published a report on April 15 highlighting the narrowing gap between CIB and QNB Egypt in personal lending, under the headline: “The gap between CIB and QNB Egypt in personal lending reaches its lowest level in 5 years.”According to the standalone financial statements of both banks, QNB Egypt’s personal lending portfolio rose to EGP 68.07 billion by the end of March 2026, compared to EGP 62.14 billion at the end of 2025, recording a quarterly growth rate of 9.5%.Meanwhile, CIB recorded a personal lending portfolio of approximately EGP 66.26 billion by the end of March 2026, compared to EGP 62.99 billion at the end of 2025, reflecting quarterly growth of 5.2%.This competitive performance in personal lending by QNB Egypt comes as part of broader improvements across its key indicators during the first quarter of 2026, which was clearly reflected in the bank’s profitability and expansion of its operating positions.The bank posted net profits of around EGP 8.86 billion during the first quarter of 2026, compared to EGP 6.95 billion during the same period of 2025, marking a growth rate of 27%.Net interest income also increased by approximately 24% during the first three months of 2026, reaching EGP 13.68 billion, compared to EGP 11 billion during the corresponding period of 2025, while net fees and commissions income amounted to approximately EGP 1.63 billion.On the balance sheet side, total assets grew by around 12% during the first quarter of the year, reaching EGP 1.03 trillion by the end of March 2026, compared to EGP 915.56 billion at the end of 2025.Customer deposits also climbed by around 13% during the same period, reaching EGP 880.94 billion by the end of March 2026, compared to EGP 779.31 billion at the end of 2025, while customer loans increased by around 6% to EGP 465.92 billion, compared to EGP 440.65 billion at the end of 2025https://en.firstbankeg.com/12935https://en.firstbankeg.com/12935Foreign exchange rates at the end of Sunday tradingSun, 17 May 2026 15:40:13 +02002026-05-17T15:40:13+02:00The foreign exchange rates witnessed increases at the close of Sunday 17 May 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:<h3 data-path-to-node="2">US Dollar</h3>The average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP 53.2237 for buying and EGP 53.3637 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at ADIB at EGP 53.35 at the close of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD at EGP 52.45 at the close of Egyptian bank trading today.<h3 data-path-to-node="5">Euro</h3>The euro recorded a slight increase against the Egyptian pound today, reaching EGP 61.8726 for buying and EGP 62.0460 for selling, according to the latest data from the Central Bank.The highest buying price was at HSBC at EGP 62.32 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 61.22 at the close of Egyptian bank trading today.<h3 data-path-to-node="8">British Pound</h3>The British pound witnessed a decrease against the Egyptian pound today, reaching EGP 70.8993 for buying and EGP 71.1285 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at HSBC at EGP 71.93 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 70.32 at the close of Egyptian bank trading today.<h3 data-path-to-node="11">Saudi Riyal</h3>The Saudi riyal recorded an increase by the close of trading today, reaching EGP 14.1828 for buying and EGP 14.2208 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.22 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 13.99 at the close of Egyptian bank trading today.<h3 data-path-to-node="14">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded an increase by the close of trading in Egypt today, reaching EGP 173.4519 for buying and EGP 173.9648 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at AIB at EGP 173.82 at the close of Egyptian bank trading today.The lowest selling price was at Emirates NBD at EGP 172.76 at the close of Egyptian bank trading today.<h3 data-path-to-node="17">UAE Dirham</h3>The UAE dirham recorded an increase by the close of trading in Egypt today, reaching EGP 14.4878 for buying and EGP 14.5302 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at ADIB at EGP 14.52 at the close of Egyptian bank trading today.The lowest selling price was recorded at Emirates NBD at EGP 14.29 at the close of Egyptian bank trading today.https://en.firstbankeg.com/12934https://en.firstbankeg.com/12934first bank«ADCB»,«ADIB Egypt», and «Attijariwafa Bank Egypt» Lead Foreign Banks in Customer Deposit Growth Over the Past 5 YearsADCB Tops the Ranking Driven by Strong Growth in Attracting Customer DepositsGulf Banks Shine, Securing 4 SpSun, 17 May 2026 15:28:40 +02002026-05-17T15:28:40+02:00<h3 dir="ltr">“ADCB” Tops the Ranking Driven by Strong Growth in Attracting Customer Deposits</h3><h3 dir="ltr">Gulf Banks Shine, Securing 4 Spots Among the Fastest-Growing Foreign Banks in Customer Deposits Over the Past 5 Years</h3><h3 dir="ltr">Islamic Banks Claim a Single Spot Among the Top Five Out of 3 Islamic Banks Included in the Ranking</h3>The "First Bank" list of the fastest-growing foreign banks operating in Egypt in terms of customer deposits over the last five years (end of 2020 to end of 2025) revealed that ADCB topped the list with a compound annual growth rate of 38.9%. Its portfolio increased to EGP 150.49 billion by the end of 2025, compared to EGP 29.08 billion at the end of 2020, thanks to its strong expansion in attracting savings. Abu Dhabi Islamic Bank (ADIB-Egypt) ranked second, with a compound annual growth rate (CAGR) of 34.7% over the past five years. Its customer deposit portfolio rose to EGP 278.09 billion by the end of 2025, compared to EGP 62.83 billion at the end of 2020.Commercial Bank of Egypt (CBE) secured third place, with a CAGR of 33.5% over the past five years. Its customer deposit portfolio increased to EGP 131.51 billion by the end of 2025, compared to EGP 30.98 billion at the end of 2020.The First Bank list tracked the development of customer deposits at 12 foreign banks operating within the Egyptian banking system for which financial data was available, and showed that all banks achieved positive growth rates over the past five years. At the Gulf banking level, data showed that four Gulf banks secured positions within the top five. ADCB ranked first, ADIB Egypt second, ABK Egypt fourth, and NBK Egypt fifth.As for Islamic banks, only one Islamic bank, ADIB Egypt, secured a place among the top five out of a total of three Islamic banks included in the ranking.It is worth noting that all the values and growth rates mentioned in the above analysis are based on the independent financial statements published by each bank at the end of 2025.https://en.firstbankeg.com/12975https://en.firstbankeg.com/12975First BankRelative Stability Dominates the Ranking of Largest Arab Banks by Deposits in Q4 2025Tue, 26 May 2026 04:12:19 +02002026-05-17T15:16:00+02:00«First Bank» ranking of the largest 100 Arab banks by deposits at the end of 2025 revealed a state of stability among the top 20 banks, with the Stability Index reaching nearly 100%. The banks maintained their positions within the top 20 club, despite some minor reshuffling in rankings compared with September 2025 data.«First Bank» had previously launched the Stability Index to measure banks’ movements within the ranking based on four key categories. Banks that maintained their positions without change are classified under “Full Stability,” while those that moved between one and three positions fall under the “Stable Movement” category.Banks whose rankings changed between four and ten positions are classified under “Moderate Movement,” while banks whose positions shifted by more than ten places are categorized under “Major Movements,” reflecting sharp changes in their standings within the ranking.The data showed that the list of the top 10 banks by deposits was the most stable segment within the ranking, as banks from first to eighth place maintained their positions without any change, placing them within the “Full Stability” category.Despite this stability, the top 10 list witnessed an exchange in the final two positions, as Dubai Islamic Bank succeeded in capturing the ninth position, while Saudi Awwal Bank SAB slipped to tenth place. This movement falls within the “Stable Movement” category, given that it involved only a limited ranking shift.As for banks ranked from 11th to 20th, the pace of movement appeared more diverse compared with the top 10, although it still remained within the range of relative stability.Both National Bank of Kuwait and Kuwait Finance House maintained their 11th and 12th positions respectively without any change compared with September 2025 data, allowing them to remain within the “Full Stability” category. This reflects the stability of their business volumes and their ability to preserve positions within the tier closest to entering the top 10.Meanwhile, most of the other banks within this segment fell under the “Stable Movement” category, as eight banks recorded slight movements ranging between one and two positions upward or downward, reflecting the continued convergence in business volumes among major banks.Banque Misr advanced to 13th place by the end of 2025, compared with 14th place at the end of last September, while Abu Dhabi Islamic Bank moved up to 14th place from 15th during the same period.In contrast, Alinma Bank slipped to 15th place by the end of 2025 after occupying 13th place at the end of last September.The ranking also witnessed an exchange in positions between Attijariwafa Bank and Arab National Bank, with the former rising to 16th place while the latter retreated to 17th by the end of 2025.Meanwhile, Mashreq Bank advanced to 18th place by the end of 2025, compared with 20th place at the end of last September, while Arab Bank fell to 19th place from 18th during the same period.As for Banque Saudi Fransi, it declined to 20th place by the end of 2025, compared with 19th place at the end of September 2025.https://en.firstbankeg.com/12973https://en.firstbankeg.com/1297326 Banks Operating in Egypt Included in «First Bank» Ranking of the Top 100 Most Profitable Arab BanksTue, 26 May 2026 03:59:04 +02002026-05-17T14:16:00+02:00A recent ranking issued by «First Bank» for the Top 100 Most Profitable Arab Banks in 2025 revealed the presence of 26 banks operating in the Egyptian market, including 13 local banks carrying Egyptian brands and 13 banks affiliated with foreign banking groups operating in Egypt.The ranking was based on banks’ reported net profits converted into U.S. dollars, providing a unified comparison tool among different banking institutions. The ranking also excluded banks that did not disclose official financial data, in order to ensure the accuracy and reliability of the adopted methodology.<h3 data-end="742" data-section-id="som8qh" data-start="701">Egyptian Banks Included in the Ranking</h3>National Bank of Egypt secured the 6th position among Arab banks and ranked first among Egyptian banks after recording net profits of approximately $3.68 billion during 2025.Banque Misr came in 14th place regionally and second among Egyptian banks, with net profits amounting to $1.90 billion during 2025.Meanwhile, Commercial International Bank “CIB” ranked 16th among Arab banks and third among Egyptian banks after posting net profits of $1.72 billion during 2025.Arab African International Bank ranked 36th regionally and sixth among Egyptian banks with net profits of $362.12 million, followed by Housing and Development Bank in 37th place regionally and seventh locally after generating net profits of approximately $360.71 million during 2025.Banque du Caire captured the 41st position regionally and ninth among Egyptian banks with net profits of $338.21 million during 2025, while Bank of Alexandria ranked 45th regionally and tenth locally with net profits totaling $289.08 million during the same year.Suez Canal Bank secured the 70th position regionally and 14th among Egyptian banks with net profits of $134.62 million, followed by Export Development Bank of Egypt in 75th place regionally and 16th locally after recording net profits of $125.91 million during 2025.Faisal Islamic Bank of Egypt ranked 83rd regionally and 19th among Egyptian banks after posting net profits of $90.78 million, followed by EGBANK in 85th place regionally and 20th locally with net profits of $85.65 million during 2025.BANK NXT came in 89th place regionally and 24th among Egyptian banks with net profits amounting to $66.64 million during 2025.Meanwhile, The United Bank ranked 96th regionally and 26th among Egyptian banks with net profits of $48.34 million during 2025.<h3 data-end="2828" data-section-id="2nnhg7" data-start="2758">Banks Operating in Egypt with Parent Groups Included in the Ranking</h3>Emirates NBD ranked third among Arab banking groups after recording profits of approximately $6.54 billion during 2025, while the group’s Egyptian subsidiary generated net profits of about $127.52 million during the same year.First Abu Dhabi Bank captured the 4th position regionally with profits totaling approximately $5.77 billion during 2025, while its Egyptian subsidiary posted net profits of around $349.25 million during the same year.Qatar National Bank ranked 5th among Arab banking groups after recording profits of approximately $4.75 billion during 2025, while its Egyptian subsidiary achieved net profits of about $610.49 million during the same year.Abu Dhabi Commercial Bank came in 7th place regionally with profits totaling approximately $3.12 billion during 2025, while its Egyptian subsidiary generated net profits of about $120.04 million during the same year.Kuwait Finance House secured the 9th position regionally after recording profits of approximately $2.34 billion during 2025, while its Egyptian subsidiary achieved net profits of about $85.62 million during the same year.National Bank of Kuwait ranked 12th regionally with profits of nearly $2 billion during 2025, while its Egyptian subsidiary posted net profits of approximately $169.60 million during the same year.Abu Dhabi Islamic Bank came in 13th place regionally after generating profits of around $1.93 billion during 2025, while its Egyptian subsidiary recorded net profits of approximately $256.27 million during the same year.Attijariwafa Bank ranked 20th regionally with profits totaling approximately $1.36 billion during 2025, while its Egyptian subsidiary posted net profits of around $73.61 million during the same year.Al Baraka Group ranked 39th regionally after recording profits of approximately $356.82 million during 2025, while its Egyptian subsidiary generated net profits of about $84.28 million during the same year.Bank ABC occupied the 44th position regionally with profits of approximately $327 million during 2025, while its Egyptian subsidiary posted net profits of about $50.51 million during the same year.Al Ahli Bank of Kuwait ranked 59th regionally after recording profits of approximately $204.51 million during 2025, while its Egyptian subsidiary generated net profits of around $102.70 million during the same year.It is worth noting that both Mashreq Bank and Arab Bank were also included in the ranking, occupying the 15th and 22nd positions respectively among Arab banks. Mashreq Bank recorded net profits of $1.9 billion, while Arab Bank posted net profits of $1.13 billion during 2025. However, neither bank disclosed the profitability of its Egyptian operations.https://en.firstbankeg.com/12933https://en.firstbankeg.com/12933First Bank Ratings CenterSuez Canal Bank, EGBANK, and Kuwait Finance House are the fastest-growing banks in personal loans during 2025Suez Canal Bank takes the lead rising the fifth place in the 2024 rankingEGBANK, Kuwait Finance House, ADSun, 17 May 2026 13:40:13 +02002026-05-17T13:40:13+02:00<h3>Suez Canal Bank takes the lead rising from the fifth place in the 2024 ranking</h3><h3>EGBANK, Kuwait Finance House, ADIB, BANK NXT, saib, and Al Baraka: 6 banks maintain their positions among the top 10 fastest-growing banks in personal loans for two consecutive years</h3><h3>Relatively weak performance by foreign banks on the list after securing only 4 spots among the top ten out of 13 foreign banks included in the ranking</h3><h3>Strong activity in personal loans for Islamic banks after securing 3 spots among the 10 fastest-growing banks in 2025</h3>The First Bank list tracking the evolution of personal loan portfolios in banks operating in the Egyptian banking sector during 2025 showed that Suez Canal Bank took the first place. Its growth rate reached 112.4% last year, recording 11.29 billion EGP at the end of 2025, compared to 5.32 billion EGP at the end of 2024.Egyptian Gulf Bank (EGBANK) secured the second place, as its total personal loan portfolio rose by about 92.5% during 2025, recording 25.1 billion EGP at the end of last December, compared to 13.04 billion EGP at the end of 2024.Kuwait Finance House – Egypt claimed the third place with a growth rate of 87.3% during 2025. Its personal loans reached 7.97 billion EGP at the end of last December, compared to 4.25 billion EGP at the end of 2024.The First Bank list monitored the development of personal loan portfolios at 23 banks operating in the Egyptian banking system with available financial data. The list showed that all banks achieved positive growth rates during 2025.Suez Canal Bank, EGBANK, Kuwait Finance House, ADIB, BANK NXT, saib, and Al Baraka maintained their presence among the 10 fastest-growing banks in personal loans for 2025 and 2024 respectively.Foreign banks claimed 4 spots among the top ten out of 13 foreign banks included in the ranking, which are: Kuwait Finance House, ADIB, Al Baraka, and NBK.Regarding the Islamic banks in the ranking, ADIB Egypt, Al Baraka, and Kuwait Finance House recorded a growth of 69.4% in personal loans, reaching 71.48 billion EGP at the end of 2025, compared to 42.20 billion EGP at the end of 2024.It is worth noting that all values and growth rates mentioned in the analysis above are according to the separate financial statements announced by each bank at the end of 2025.https://en.firstbankeg.com/12932https://en.firstbankeg.com/12932First Bank«First Advice»: National Bank of Egypt Chases Standard Bank… The Battle for African Leadership Reveals the Other Side of Exchange Rates!Sun, 17 May 2026 12:18:41 +02002026-05-17T12:18:41+02:00In one of the hottest banking races across the African continent, the National Bank of Egypt (NBE) continues to pursue Standard Bank Group for leadership of Africa’s banking sector, amid rapid transformations reshaping the map of banking power.Over the past three years — specifically from the end of 2022 until the end of 2025 — Standard Bank Group succeeded in capturing the top position in Africa after its total assets rose to $218.55 billion by the end of 2025, compared to $169.89 billion at the end of 2022, achieving a compound annual growth rate (CAGR) of 8.6%.Meanwhile, the National Bank of Egypt ranked second in Africa, despite increasing its total assets to approximately $191.03 billion by the end of 2025, compared to around $176.55 billion at the end of 2022, recording a CAGR of 2.7%. This reflects an apparent gap in dollar-denominated growth compared to its South African rival.However, reading these figures solely in U.S. dollar terms does not present the full picture of actual performance.Analyzing the asset size in local currencies for both banks reveals a different reality, highlighting the National Bank of Egypt’s clear superiority in terms of operational growth momentum.NBE’s assets in local currency increased to EGP 9.1 trillion by the end of 2025, compared to EGP 4.37 trillion at the end of 2022, reflecting a strong CAGR of 27.7%. This demonstrates substantial and genuine expansion in banking activity within the Egyptian market.In contrast, Standard Bank Group recorded lower growth in its local currency, as its assets rose to ZAR 3.62 trillion by the end of 2025, compared to ZAR 2.88 trillion at the end of 2022, achieving a CAGR of 7.9%.Here lies the key paradox: while dollar-based measurement gives Standard Bank Group the advantage in leading the continent, measurement in local currencies reveals the National Bank of Egypt’s clear superiority in terms of real operational growth strength and expansion within its domestic market.This divergence is largely linked to exchange rate fluctuations during the analyzed period. The Egyptian pound lost a significant portion of its value after the U.S. dollar surged by 92.7% from the end of 2022 until the end of 2025, placing heavy pressure on the dollar valuation of NBE’s assets despite its strong domestic growth.On the other hand, the South African rand appreciated by around 2.4% against the U.S. dollar during the same period, supporting the dollar valuation of Standard Bank Group’s assets and giving it a clear advantage in rankings denominated in U.S. currency.Accordingly, the competition between the two banks appears to go beyond a simple numerical comparison of dollar-denominated assets. At its core, it reflects structural differences in the economic and monetary environments of the two largest banking sectors on the African continent.It also confirms that assessing the true strength of banks should not rely solely on dollar-based valuations, but should extend to analyzing real growth in local currencies and measuring each bank’s ability to sustain expansion and maintain operational momentum despite sharp disparities in economic conditions and foreign exchange markets.In light of the above, if exchange rates in Egypt stabilize while the National Bank of Egypt maintains its strong growth momentum, these developments could strengthen its chances of reaching the top of Africa’s banking sector by the end of 2026.https://en.firstbankeg.com/12927https://en.firstbankeg.com/12927Foreign exchange rates at the beginning of Sunday tradingSun, 17 May 2026 10:48:23 +02002026-05-17T10:48:23+02:00Foreign currency exchange rates witnessed stability at the start of trading in Egyptian banks on Sunday, May 17, 2026. The following report details the exchange rates in Egyptian banks:<h3 data-path-to-node="23">US Dollar</h3>The average price of the US dollar recorded stability against the Egyptian pound yesterday, reaching EGP 52.8491 for buying and EGP 52.9491 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at National Bank of Egypt (NBE), Commercial International Bank (CIB), and Banque Misr at EGP 52.85 at the start of trading today.The lowest selling price was recorded at Bank of Alexandria at EGP 52.85 at the start of trading today.<h3 data-path-to-node="26">Euro</h3>The euro recorded stability against the Egyptian pound yesterday, reaching EGP 61.8335 for buying and EGP 61.9608 for selling, according to the latest data from the Central Bank.The highest buying price was at Kuwait Finance House (KFH) at EGP 61.87 at the start of trading today.The lowest selling price was at National Bank of Egypt (NBE) at EGP 61.81 at the start of trading today.<h3 data-path-to-node="29">British Pound</h3>The British pound recorded stability against the Egyptian pound yesterday, reaching EGP 71.3939 for buying and EGP 71.5710 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at Housing and Development Bank (HDB) at EGP 71.37 at the start of trading today.The lowest selling price was at National Bank of Egypt (NBE) at EGP 71.00 at the start of trading today.<h3 data-path-to-node="32">Saudi Riyal</h3>The Saudi riyal recorded stability yesterday, reaching EGP 14.0852 for buying and EGP 14.1125 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at Kuwait Finance House (KFH) - Egypt at EGP 14.09 at the start of trading today.The lowest selling price was at Bank of Alexandria at EGP 14.09 at the start of trading today.<h3 data-path-to-node="35">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded stability by the close of yesterday's trading in Egypt, reaching EGP 172.4841 for buying and EGP 172.8660 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «HSBC» at EGP 172.54 at the start of trading today.The lowest selling price was at «FABMISR» at EGP 171.64 at the start of trading today.<h3 data-path-to-node="38">UAE Dirham</h3>The UAE dirham also recorded stability by the close of yesterday's trading in Egypt, reaching EGP 14.3878 for buying and EGP 14.4181 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «HSBC» at EGP 14.39 at the start of trading today.The lowest selling price was recorded at Bank of Alexandria at EGP 14.39 at the start of trading today.https://en.firstbankeg.com/12924https://en.firstbankeg.com/12924«ABK – Egypt», «Al Baraka», and «ADCB» Among the Least Exposed Banks to Exchange Rate Fluctuation Risks in the Egyptian MarketFirst Banks Ratings Center has launched a specialized index to measure banks exposure to exchange rate fluctThu, 14 May 2026 16:51:25 +02002026-05-14T16:51:25+02:00First Bank’s Ratings Center has launched a specialized index to measure banks’ exposure to exchange rate fluctuation risks, in a move aimed at providing an accurate quantitative assessment of the balance of foreign currency positions within banks’ financial structures.The methodology of this index is based on measuring the degree of balance between a bank’s foreign currency assets and liabilities, through the ratio of total foreign currency assets to total foreign currency liabilities.A ratio that approaches one (1.0) reflects a relatively balanced position between the two sides, indicating a neutral foreign exchange position and a lower level of exposure to exchange rate volatility risks.Conversely, a ratio that deviates from one — whether above or below — indicates a gap in the structure of foreign currency assets and liabilities. Ratios above one suggests that foreign currency assets exceed liabilities, potentially exposing the bank to risks associated with exchange rate declines, while ratios below one indicates liabilities exceeding assets, increasing exposure to risks arising from exchange rate appreciation.Accordingly, a ratio close to one (1.0) is considered the optimal position from a foreign exchange risk management perspective, as it reflects greater efficiency in matching assets with liabilities and reducing market risk exposure.Regarding the performance of Egyptian banks on the index by the end of 2025, ABK – Egypt ranked first, recording an exchange rate risk exposure ratio of 0.9999, supported by foreign currency assets worth dollars 672.19 million, compared with foreign currency liabilities of dollars 672.22 million at the end of 2025.Al Baraka Bank Egypt ranked second, with a ratio of 1.0007, benefiting from the strong alignment between its foreign currency assets and liabilities, which reached approximately dollars 780.43 million and dollars 779.90 million, respectively, by year-end 2025.ADCB Egypt came in third, posting a ratio of 0.9989, reflecting an almost perfect balance between foreign currency assets and liabilities, with foreign currency assets totaling around dollars 660.91 million, against liabilities of dollars 661.60 million at the end of 2025.Emirates NBD Egypt secured fourth place, with a ratio of 1.0019, backed by foreign currency assets worth dollars 1.02 billion, compared with foreign currency liabilities of dollars 1.01 billion at the end of 2025.HSBC Egypt ranked fifth, posting a ratio of 0.9978, supported by the close balance between its foreign currency assets and liabilities, which stood at approximately dollars 2.67 billion and dollars 2.68 billion, respectively, by the end of 2025.The Export Development Bank of Egypt (EBank) claimed sixth place, recording a ratio of 1.0030, with foreign currency assets amounting to dollars 1.40 billion, versus liabilities of approximately dollars 1.40 billion at the end of 2025.NBK Egypt ranked seventh, with a ratio of 1.0062, benefiting from the close alignment between foreign currency assets and liabilities, which totaled around dollars 1.34 billion and dollars 1.33 billion, respectively, by year-end 2025.Banque du Caire also ranked seventh, recording a ratio of 1.0116, supported by foreign currency assets worth dollars 3.14 billion, compared with foreign currency liabilities of dollars 3.11 billion at the end of 2025.It is worth noting that all figures mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of 2025.https://en.firstbankeg.com/12923https://en.firstbankeg.com/12923First BankEGX30 End Thursday with 0.49% Decrease in benchmark indexThe market capitalization of listed equities on the Egyptian Exchanges main market reached EGP 3.806trillionThu, 14 May 2026 16:40:36 +02002026-05-14T16:40:36+02:00The market capitalization of listed equities on the Egyptian Exchange’s main market reached EGP 3.806 trillion at the close of trading on Thursday , May 14, 2026.The benchmark EGX30 Decreased by 0.49% to close at 53.154 points.Investors traded 220 stocks, with approximately 92 gaining, 109 declining, and 19 remaining unchanged.Trading volume reached around 2.64 billion shares executed through 244.41 thousand transactions, bringing the total trading value to approximately EGP 12.43 billion.https://en.firstbankeg.com/12922https://en.firstbankeg.com/12922EGP index rose against a basket of major currencies to 35.500 points at today's tradingThu, 14 May 2026 15:50:00 +02002026-05-14T15:50:00+02:00The Egyptian pound index recorded an increase against major currencies at the end of trading on Thursday, May 14, reaching 35.500 points, compared to 35.480 points at the end of trading on Wednesday’s session.The rise in the Egyptian pound index came as it appreciated against the US dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal, while remaining stable against the Chinese yuan by the end of today’s trading.The average selling price of the US dollar declined from 53.00 EGP to 52.97 EGP at the end of trading today, while the average buying price fell from 52.86 EGP to 52.83 EGP.The average selling price of the euro decreased from 62.09 EGP to 62.02 EGP, while the buying price dropped from 62.91 EGP to 61.85 EGP.The average selling price of the British pound declined from 71.59 EGP to 71.57 EGP, while the buying price remained stable at 71.38 EGP.The average selling price of the Japanese yen fell from 33.58 EGP to 33.54 EGP, while the buying price also declined from 33.49 EGP to 33.45 EGP.The average selling price of the UAE dirham decreased from 14.33 EGP to 14.42 EGP, while the buying price fell from 14.39 EGP to 14.38 EGP.The average selling price of the Saudi riyal declined from 14.12 EGP to 14.11 EGP, while the buying price remained stable at 14.08 EGP.Meanwhile, the average selling price of the Chinese yuan remained stable at 7.80 EGP, and the buying price also remained steady at 7.78 EGP.https://en.firstbankeg.com/12921https://en.firstbankeg.com/12921First BankEgypt’s banking sector performance on EGX at ThursdayThu, 14 May 2026 15:30:05 +02002026-05-14T15:30:05+02:00 The banking sector in the Egyptian Stock Exchange closed in today’s trading session on thursday , May 14, 2026, recording a decreased in its market capitalization by 1.16%, reaching EGP 895.541  billion at the end of today’s session, compared to 906.040   the previous day’s closing.The sector’s market capitalization accounted for  24.26%of the total market capitalization, the highest share among all listed sectors on the exchange.Trading value on banking sector stocks reached EGP 950.68  million, representing 7.64%  of the total trading value on the exchange today. A total of 13.11  million shares were traded in the sector, accounting for 0.50%of the overall trading volume of the market.The Egyptian Exchange closed today’s session with the main index “EGX30” declining, while both “EGX70” and “EGX100” indices rose, amid foreign investors’ tendency toward buying with a net inflow of EGP 258.8 million.The main index “EGX30” fell by 0.49% to 53.154  points, while the “EGX70” index rose by 0.12%to 15.087points, and the “EGX100” index increased by 0.23% to reach 20.990points.https://en.firstbankeg.com/12920https://en.firstbankeg.com/12920EGX30 beginning Thuresday with 0.29% decrease in benchmark indexThu, 14 May 2026 13:19:31 +02002026-05-14T13:19:31+02:00The market capitalization of listed stocks on the Egyptian Exchange’s main market opened inside the session at the beginning of trading on Thursday, May 14, recording EGP 3.823 trillion.The main index EGX30 opened today’s session at 53,416 points and declined at the start of trading by 0.29% to reach 53,259 points.Investors traded on 217 stocks, of which 109 rose, 69 declined, while 39 remained unchanged.Trading volume reached around 536 billion securities executed through 62 thousand transactions, with total trading value amounting to approximately EGP 2.44 billion.https://en.firstbankeg.com/12919https://en.firstbankeg.com/12919A historic leap in «CIB»deposits over five years, with growth reaching 359%, and the portfolio surpassing EGP 1.56 trillion by the end of March 2026.Thu, 14 May 2026 12:54:55 +02002026-05-14T12:54:55+02:00«CIB»boosted its deposit base significantly over the past five years, as reflected in the portfolio rising to EGP 1.56 trillion by the end of March 2026, compared to EGP 340.09 billion at the end of 2020, representing a growth rate of 359% and an absolute increase of EGP 1.22 trillion.Tracking its performance over the analysis period shows that 2024 recorded the highest annual growth rate and the largest increase in the portfolio, with customer deposits rising to EGP 967.9 billion by the end of 2024, compared to EGP 675.31 billion at the end of 2023, representing a growth rate of 43.3% and an increase of EGP 292.59 billion.During the current year, the deposit portfolio continued its upward trajectory, reaching EGP 1.21 trillion by the end of March 2026, compared to EGP 1.11 trillion at the end of 2025, reflecting a quarterly growth rate of 9.5%.Alongside deposit growth, CIB delivered strong profitability performance during the current year, recording net profits of EGP 17.74 billion in Q1 2026, compared to EGP 16.60 billion in the same period of 2025, representing a growth rate of 6.9% and an absolute increase of EGP 1.14 billion.Pre-tax profit rose to EGP 25.46 billion in Q1 2026, compared to EGP 22.70 billion in the same period of 2025, reflecting growth of around 12.2%.Net interest income increased to EGP 29.53 billion in the first three months of 2026, compared to EGP 25.30 billion in the same period of 2025, representing a growth rate of 16.7%.Net fees and commissions income jumped by 13.6% to reach EGP 2.19 billion in Q1 2026, compared to EGP 1.92 billion in the same period of 2025.On the balance sheet side, total assets rose to EGP 1.56 trillion by the end of March 2026, compared to EGP 1.44 trillion at the end of 2025, representing quarterly growth of 8.6%.Customer loan portfolio increased to EGP 545.90 billion by the end of March 2026, compared to EGP 503.36 billion at the end of 2025, reflecting growth of approximately 8.5% on a quarterly basis.https://en.firstbankeg.com/12918https://en.firstbankeg.com/12918Foreign exchange rates at the beginning of Thursday tradingThu, 14 May 2026 10:45:51 +02002026-05-14T10:45:51+02:00Foreign currency exchange rates witnessed a decline at the start of trading in Egyptian banks on Thursday, May 14, 2026. The following report details the exchange rates in Egyptian banks:<h3 data-path-to-node="1">US Dollar</h3>The average price of the US dollar recorded a slight decrease against the Egyptian pound yesterday, reaching EGP 52.8720 for buying and EGP 52.9720 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was recorded at «ABK» at EGP 52.95 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 52.78 at the start of trading today.<h3 data-path-to-node="4">Euro</h3>The euro recorded a slight decrease against the Egyptian pound yesterday, reaching EGP 61.9290 for buying and EGP 62.0514 for selling, according to the latest data from the Central Bank.The highest buying price was at «Suez Canal Bank» at EGP 61.93 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 61.97 at the start of trading today.<h3 data-path-to-node="7">British Pound</h3>The British pound recorded a slight decrease against the Egyptian pound yesterday, reaching EGP 71.3983 for buying and EGP 71.5546 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «Suez Canal Bank» at EGP 71.56 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 71.52 at the start of trading today.<h3 data-path-to-node="10">Saudi Riyal</h3>The Saudi riyal recorded stability by the close of yesterday's trading, reaching EGP 14.0913 for buying and EGP 14.1187 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ABK» at EGP 14.11 at the start of trading today.The lowest selling price was at «Emirates NBD» at EGP 14.08 at the start of trading today.<h3 data-path-to-node="13">Kuwaiti Dinar</h3>The Kuwaiti dinar recorded a decrease by the close of yesterday's trading in Egypt, reaching EGP 172.5587 for buying and EGP 172.9416 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «HSBC» at EGP 172.61 at the start of trading today.The lowest selling price was at «FABMISR» at EGP 171.98 at the start of trading today.<h3 data-path-to-node="16">UAE Dirham</h3>The UAE dirham also recorded stability by the close of yesterday's trading in Egypt, reaching EGP 14.3944 for buying and EGP 14.4220 for selling, according to the latest data from the Central Bank of Egypt.The highest buying price was at «ADIB» at EGP 14.40 at the start of trading today.The lowest selling price was recorded at «Emirates NBD» at EGP 14.38 at the start of trading today.