<?xml version="1.0" encoding="utf-8"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"><channel><title>FirstBank</title><link>https://en.firstbankeg.com/</link><description>First digital institution in Egypt for financial and banking ratings </description><language>ar</language><copyright>جميع الحقوق محفوظة © 2026 FirstBank</copyright><lastBuildDate>Thu, 18 Jun 2026 02:57:15 +0200</lastBuildDate><image><url>https://en.firstbankeg.com/UserFiles/SiteImages/Logo.png</url><title>FirstBank</title><link>https://en.firstbankeg.com/</link></image><item><guid isPermaLink="true">https://en.firstbankeg.com/13069</guid><link>https://en.firstbankeg.com/13069</link><title>The Big Numbers Race: Fierce Battle Between »Alinma« and »BSF« for Membership in the Saudi Market's Big Five Club</title><description /><pubDate>Wed, 17 Jun 2026 17:19:28 +0200</pubDate><a10:updated>2026-06-17T17:19:28+02:00</a10:updated><a10:content type="html">&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The competition between Banque Saudi Fransi and Alinma Bank is no longer merely a comparison between two closely ranked banks; over recent years, it has evolved into a direct race for a place among the top five in the Saudi banking sector, amid a clear convergence in the size of their balance sheets, with a fundamental difference in growth strategy.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;While Banque Saudi Fransi possesses a well-established banking base and a historical presence among the Kingdom&amp;rsquo;s largest banks, Alinma Bank has, in recent years, succeeded in building strong growth momentum that enabled it to rapidly narrow the gap, and even surpass its competitor in a number of key indicators, making the competition between the two sides more intense for leading positions.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;According to March 2026 data, Banque Saudi Fransi ranks fifth among Saudi banks, while Alinma Bank comes sixth.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;At the level of financial position, Banque Saudi Fransi&amp;rsquo;s total assets reached approximately $86.55 billion by the end of March 2026, compared to $86.41 billion for Alinma Bank during the same period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;In the deposits market, Alinma Bank&amp;rsquo;s portfolio reached approximately $63.84 billion by the end of March 2026, compared to $53.18 billion for Banque Saudi Fransi during the same period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;In financing, Alinma Bank&amp;rsquo;s portfolio reached approximately $63.50 billion by the end of March 2026, compared to $59.13 billion for Banque Saudi Fransi at the end of the same period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;When analyzing growth trends over the past three years&amp;mdash;specifically from the end of 2022 to the end of March 2026&amp;mdash;clear shifts in the balance of competition between the two banks appear; Alinma Bank&amp;rsquo;s asset portfolio increased by 62% during that period, compared to a growth of 40.1% for Banque Saudi Fransi.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;This difference in growth pace led to a significant narrowing of the gap between the two banks, after it stood at about $8.42 billion at the end of 2022, declining to approximately $138.44 million by the end of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Alinma Bank succeeded in surpassing Banque Saudi Fransi in total assets specifically by the end of 2025, before Banque Saudi Fransi regained the lead by a slight margin during the first quarter of 2026, reflecting the intensity of competition and the close positioning of both parties in terms of size.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;This trend extends to the deposit base, as Alinma Bank achieved growth of about 65.3% over the past three years, compared to 26.8% for Banque Saudi Fransi during the same period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;This growth enabled Alinma Bank to surpass its competitor in the deposit portfolio by the end of 2024, and even widen the gap between them to reach approximately $10.66 billion by the end of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;With regard to financing, Alinma Bank recorded strong growth in net loans of 62.9% over the past three years, compared to 39.8% for Banque Saudi Fransi, enabling it to surpass its competitor in this indicator by the end of 2025, with the gap widening between them to approximately $4.47 billion.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;At the profitability level, Alinma Bank recorded net profits of $447.25 million during the first quarter of 2026, with a return on average assets of 2.11% and a return on average equity of 13.72%.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;In contrast, Banque Saudi Fransi recorded net profits of $368.01 million, with a return on average assets of 1.74% and a return on average equity of 10.81% during the same period.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;At the level of the capital base, data shows that both banks have the same level of capital at approximately $6.66 billion by the end of March 2026, reflecting parity in the capital base between the two sides.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Based on the above data, the competition between Banque Saudi Fransi and Alinma Bank has gone beyond the current ranking to become a reflection of a fundamental difference in growth models; while Banque Saudi Fransi maintains its position based on a strong banking base and a long history within the market, Alinma Bank continues to strengthen its presence through faster growth rates that have enabled it to narrow the gap in size and strongly approach leading positions.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;With the continued convergence in performance indicators, competition for a place among the top five banks in the Kingdom has become linked to each party&amp;rsquo;s ability to maintain growth momentum and transform it into sustainable expansion and more efficient profitability.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13069.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13068</guid><link>https://en.firstbankeg.com/13068</link><title>United Bank, ADIB Egypt, and ADCB Lead as Fastest-Growing Banks in Customer Financing in Q1 2026</title><description>United Bank tops the list, rising 13th place in the 2025 ranking5 banks maintain their presence among the</description><pubDate>Wed, 17 Jun 2026 17:08:36 +0200</pubDate><a10:updated>2026-06-17T17:08:36+02:00</a10:updated><a10:content type="html">&lt;h3 data-end="223" data-section-id="25hbha" data-start="150"&gt;&lt;span style="color:#cc9933;"&gt;United Bank tops the list, rising from 13th place in the 2025 ranking&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="297" data-section-id="15mp0sy" data-start="225"&gt;&lt;span style="color:#cc9933;"&gt;5 banks maintain their presence among the top 10 in Q1 2026 and 2025&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="412" data-section-id="v21v42" data-start="299"&gt;&lt;span style="color:#cc9933;"&gt;CIB retains its position as the largest private-sector bank in financing volume, while QNB Egypt ranks second&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="483" data-section-id="11ao4px" data-start="414"&gt;&lt;span style="color:#cc9933;"&gt;EGP 3.27 trillion in deposits across 25 banks, up 7.3% in Q1 2026&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="575" data-section-id="srf14s" data-start="485"&gt;&lt;span style="color:#cc9933;"&gt;Foreign banks capture half of the top 10 spots out of 14 banks included in the ranking&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="919" data-start="577"&gt;The &amp;ldquo;First Bank&amp;rdquo; ranking, which tracks the development of customer financing portfolios among banks operating in the Egyptian banking sector during Q1 2026, revealed that United Bank ranked first, supported by an 18.3% increase in its portfolio to reach EGP 43.29 billion by the end of March, compared to EGP 36.59 billion at the end of 2025.&lt;/p&gt;&lt;p data-end="1173" data-start="921"&gt;Abu Dhabi Islamic Bank &amp;ndash; Egypt (ADIB) secured second place, with its customer financing portfolio rising by 15.8% during the first three months of 2026, reaching EGP 170.81 billion by the end of March, compared to EGP 147.48 billion at the end of 2025.&lt;/p&gt;&lt;p data-end="1419" data-start="1175"&gt;Abu Dhabi Commercial Bank &amp;ndash; Egypt (ADCB) ranked third, as its customer financing portfolio grew by approximately 15.5% on a quarterly basis, recording EGP 77.73 billion by the end of March 2026, compared to EGP 67.32 billion at the end of 2025.&lt;/p&gt;&lt;p data-end="1652" data-start="1421"&gt;The &amp;ldquo;First Bank&amp;rdquo; ranking monitored customer financing portfolios across 25 banks operating in the Egyptian banking system for which financial data was available, showing that all banks achieved positive growth rates during Q1 2026.&lt;/p&gt;&lt;p data-end="1901" data-start="1654"&gt;The list also showed that five banks succeeded in maintaining their presence among the top 10 fastest-growing banks in customer financing during both Q1 2026 and 2025: ADIB, ADCB, Bank NXT, Suez Canal Bank, and Commercial International Bank (CIB).&lt;/p&gt;&lt;p data-end="2199" data-start="1903"&gt;In terms of size, Commercial International Bank &amp;ndash; Egypt (CIB) continued to solidify its position as the largest private-sector bank in financing volume, with its portfolio reaching approximately EGP 545.9 billion, compared to EGP 503.36 billion at the end of 2025, achieving growth of about 4.5%.&lt;/p&gt;&lt;p data-end="2494" data-start="2201"&gt;Qatar National Bank (QNB) Egypt also maintained its position as the second-largest private-sector bank in customer financing by the end of March 2026, with its portfolio reaching EGP 465.92 billion, compared to EGP 440.65 billion at the end of 2025, reflecting a quarterly growth rate of 5.7%.&lt;/p&gt;&lt;p data-end="2729" data-start="2496"&gt;At the sector level, customer deposits across 25 banks operating in the Egyptian banking sector increased by about 7.3% during Q1 2026, reaching EGP 3.27 trillion by the end of March, compared to EGP 3.05 trillion at the end of 2025.&lt;/p&gt;&lt;p data-end="2925" data-start="2731"&gt;The ranking also revealed that five foreign banks appeared among the top 10, out of a total of 14 foreign banks included in the list: ADIB, ADCB, Emirates NBD, National Bank of Kuwait, and HSBC.&lt;/p&gt;&lt;p data-end="3111" data-is-last-node="" data-is-only-node="" data-start="2927"&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13068.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13067</guid><link>https://en.firstbankeg.com/13067</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«ADIB Egypt», «EBank», and «EGBANK» were the fastest-growing listed banks on the Egyptian Stock Exchange in financial investment portfolios during Q1 2026</title><description>The First Bank Depositor Confidence Index for Q1 2026 showed that ADIB Egypt continued to lead the ranking, wh</description><pubDate>Wed, 17 Jun 2026 16:15:28 +0200</pubDate><a10:updated>2026-06-17T16:15:28+02:00</a10:updated><a10:content type="html">&lt;h3 dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:#cc9900"&gt;The &amp;laquo;First Bank&amp;raquo; Depositor Confidence Index for Q1 2026 showed that &amp;laquo;ADIB Egypt&amp;raquo; continued to lead the ranking, while &amp;laquo;EBank&amp;raquo; moved up to second place from fifth place in 2025&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:#cc9900"&gt;&amp;laquo;CIB&amp;raquo; recorded the largest volume of financial investments, followed by &amp;laquo;QNB Egypt&amp;raquo; in second place&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:#cc9900"&gt;Total financial investments at banks listed on the Egyptian Stock Exchange reached EGP 1.75 trillion at the end of March 2026, compared with EGP 1.60 trillion at the end of 2025&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:#cc9900"&gt;Foreign banks held two positions among the top five, out of the four banks included in the ranking&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The &amp;laquo;First Bank&amp;raquo; ranking of the fastest-growing banks listed on the Egyptian Stock Exchange in financial investment portfolios during Q1 2026 showed that Abu Dhabi Islamic Bank Egypt &amp;laquo;ADIB-Egypt&amp;raquo; topped the list with a growth rate of 25.37%, as its portfolio increased to EGP 129.09 bn at the end of March 2026, compared with EGP 102.97 bn at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Export Development Bank of Egypt &amp;laquo;EBank&amp;raquo; ranked second after its financial investment portfolio grew by 23.77% during Q1 2026, reaching EGP 81.65 bn at the end of March 2026, compared with EGP 65.98 bn at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;EGBANK ranked third, with its financial investment portfolio increasing by 23.21% during Q1 2026 to EGP 63.84 bn at the end of March 2026, compared with EGP 51.81 bn at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The ranking covered all listed banks on the Egyptian Stock Exchange for which financial data were available. The data showed that 11 banks recorded positive growth rates in their financial investment portfolios, while one bank recorded a decline during Q1 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Private-sector banks accounted for two positions among the top five fastest-growing banks in financial investments, represented by ADIB-Egypt and Cr&amp;eacute;dit Agricole Egypt.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The ranking also showed stability for some banks in their positions, with Faisal Islamic Bank maintaining seventh place, while &amp;laquo;QNB Egypt&amp;raquo; ranked last in both classifications. &amp;laquo;ADIB-Egypt&amp;raquo; maintained first place in the fastest-growing banks category, while &amp;laquo;EBank&amp;raquo; moved up to second place from fifth place in 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;New entrants to the top five in Q1 2026 included Egyptian Gulf Bank, Cr&amp;eacute;dit Agricole Egypt, and Saib Bank.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Among Gulf banking groups operating in Egypt, &amp;laquo;ADIB-Egypt&amp;raquo; led the ranking, reinforcing its position as the only foreign and Islamic bank among the top five.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p dir="ltr"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;All figures and growth rates mentioned are based on the standalone financial statements of each bank as of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13067.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13066</guid><link>https://en.firstbankeg.com/13066</link><title>Egyptian Pound Index rose to 37.696 Points Against Major Currencies at the Close of wednesday, June 17 Trading</title><description /><pubDate>Wed, 17 Jun 2026 16:03:13 +0200</pubDate><a10:updated>2026-06-17T16:03:13+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index increased against major currencies at the close of trading on wednesday, June 17, with the index increased to 37.696 points, compared to 37.450 points at the end of tuesday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise was driven by the Egyptian pound&amp;rsquo;s increase against the U.S. dollar, euro, British pound, UAE dirham, Saudi riyal, and Chinese yuan, the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar decreased from EGP&amp;nbsp;50.44 to EGP 49.96 by the end of the day, while the average buying price fell from EGP&amp;nbsp;50.17 to EGP 49.86.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro edged down from EGP 58.32 to EGP 57.9, while the average buying price fell from EGP 58.2 to EGP 57.77.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound decreased from EGP 67.45 to EGP 66.96, while the average buying price fell from EGP 67.3 to EGP 66.81.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham fell from EGP 13.69 to EGP 13.60, while the average buying price decreased from EGP 13.66 to EGP 13.57.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal decreased from EGP 13.40 to EGP 13.31, while the average buying price fell from EGP 13.37 to EGP 13.29.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan decreased from EGP 7.44 to EGP 7.39, while the average buying price fell from EGP 7.43 to EGP 7.38 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen decreased from EGP 31.35 to 31.19, while the average buying price fell from EGP 31.28 to EGP 31.10 by the end of the day.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13066.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13065</guid><link>https://en.firstbankeg.com/13065</link><title>Egypt’s banking sector performance on EGX at Wednesday</title><description /><pubDate>Wed, 17 Jun 2026 15:40:37 +0200</pubDate><a10:updated>2026-06-17T15:40:37+02:00</a10:updated><a10:content type="html">&lt;h1 data-end="186" data-section-id="1p44699" data-start="130"&gt;&amp;nbsp;&lt;/h1&gt;&lt;p data-end="479" data-start="188"&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Wednesday, June 17, 2026, recording an increase in its market capitalization by 0.91%, reaching EGP 891.79 billion at the end of today&amp;rsquo;s session, compared to 883.71 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p data-end="632" data-start="481"&gt;The sector&amp;rsquo;s market capitalization accounted for 24.63% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p data-end="895" data-start="634"&gt;Trading value on banking sector stocks reached EGP 1.519 billion, representing 12.56% of the total trading value on the exchange today. A total of 15.591 million shares were traded in the sector, accounting for 0.55% of the overall trading volume of the market.&lt;/p&gt;&lt;p data-end="1171" data-start="897"&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with an increase in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p data-end="1359" data-start="1173"&gt;The benchmark EGX30 index rose by 1.10% to close at 52.621 points, while the EGX70 index increased by 0.39% to 15.543 points, and the EGX100 index gained 0.43% to close at 21.354 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13065.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13064</guid><link>https://en.firstbankeg.com/13064</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Wednesday, June 17, 2026</title><description /><pubDate>Wed, 17 Jun 2026 15:34:01 +0200</pubDate><a10:updated>2026-06-17T15:34:01+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Wednesday 17 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 49.86 for buying and EGP 49.96 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 50.18 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 49.90 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 57.77 for buying and EGP 57.8986 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 58.25 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 57.96 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 66.8074 for buying and EGP 66.9614 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 67.35 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 67.04 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.2857 for buying and EGP 13.3131 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.36 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FABMISR&amp;raquo; at EGP 13.30 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 162.4104&amp;nbsp;for buying and EGP 162.7892&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;SAIB&amp;raquo; at EGP 162.68 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 161.98 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.5740 for buying and EGP 13.6020&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.66 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;FAB&amp;raquo; at EGP 13.59&amp;nbsp;at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13064.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13063</guid><link>https://en.firstbankeg.com/13063</link><title>Egyptian Exchange Closes wednesday, June 17 Session with EGX30 Up 1.10%</title><description /><pubDate>Wed, 17 Jun 2026 15:21:09 +0200</pubDate><a10:updated>2026-06-17T15:21:09+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market closed trading on wednesday, June 17, 2026, at EGP 3.741 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index fell by 1.10% to close at 52.621 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 222 stocks, of which 110 advanced, 94 declined, while 18 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 2.85 billion shares executed through 206.4 thousand transactions, with total trading value amounting to EGP 12.1 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13063.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13062</guid><link>https://en.firstbankeg.com/13062</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Wednesday trading</title><description /><pubDate>Wed, 17 Jun 2026 10:26:38 +0200</pubDate><a10:updated>2026-06-17T10:26:38+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Wednesday 17 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 50.1723 for buying and EGP 50.2723&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;IDB&amp;raquo; at EGP 50.40 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 50.17at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 58.1948 for buying and EGP 58.3159&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 58.33 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 58.26 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 67.2961 for buying and EGP 67.4503 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 67.48 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 67.38 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.3693 for buying and EGP 13.3967&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.43 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; &amp;nbsp;at EGP 13.38 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 163.4276&amp;nbsp;for buying and EGP 163.8067&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 163.82 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 162.90 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.6601 for buying and EGP 13.6881 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.72 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.67 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/17/13062.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13060</guid><link>https://en.firstbankeg.com/13060</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>«HSBC», «ADIB- Egypt», and «NBK – Egypt» Lead Customer Deposit Growth Among Egyptian Banks During Q1 2026</title><description /><pubDate>Tue, 16 Jun 2026 16:28:54 +0200</pubDate><a10:updated>2026-06-16T16:28:54+02:00</a10:updated><a10:content type="html">&lt;h3 data-end="81" data-start="0" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&amp;laquo;HSBC-Egypt&amp;raquo;&amp;nbsp;Claims the Top Spot, Rising from Seventh Place in the 2025 Ranking&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="185" data-start="83" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Four Banks Maintain Their Presence Among the Top 10 Fastest-Growing Banks in Both Q1 2026 and 2025&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="301" data-start="187" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&amp;laquo;CIB&amp;raquo;&amp;nbsp;Retains Its Position as the Largest Private-Sector Bank by Customer Deposits, While &amp;laquo;QNB&amp;raquo; Egypt Ranks Second&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="401" data-start="303" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Customer Deposits at 25 Egyptian Banks Reach EGP 6.99 Trillion, Growing by 9.4% During Q1 2026&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="509" data-start="403" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Islamic Banks Secure Two Positions Among the Top 10, Out of Four Islamic Banks Included in the Ranking&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="926" data-start="511" dir="ltr"&gt;&amp;laquo;First Bank&amp;rsquo;s&amp;raquo; ranking tracking the development of customer deposit portfolios among banks operating in the Egyptian banking sector during the first quarter of 2026 revealed that &amp;laquo;HSBC-Egypt&amp;raquo; topped the list. The bank&amp;rsquo;s strong performance was supported by a 21.3% increase in its customer deposit portfolio, which reached EGP 322.78 billion by the end of March 2026, compared with EGP 266.11 billion at the end of 2025.&lt;/p&gt;&lt;p data-end="1175" data-start="928" dir="ltr"&gt;Abu Dhabi Islamic Bank Egypt &amp;laquo;ADIB&amp;raquo;&amp;nbsp;ranked second after its customer deposit portfolio grew by 15.5% during the first three months of 2026, reaching EGP 321.31 billion by the end of March, compared with EGP 278.09 billion at the end of 2025.&lt;/p&gt;&lt;p data-end="1434" data-start="1177" dir="ltr"&gt;National Bank of Kuwait &amp;ndash; Egypt &amp;laquo;NBK-Egypt&amp;raquo;&amp;nbsp;secured third place, as its customer deposit portfolio jumped by approximately 13.1% on a quarterly basis, reaching EGP 203.64 billion by the end of March 2026, compared with EGP 180.01 billion at the end of 2025.&lt;/p&gt;&lt;p data-end="1707" data-start="1436" dir="ltr"&gt;&amp;laquo;First Bank&amp;rsquo;s&amp;raquo; ranking monitored customer deposit portfolios at 25 banks operating within the Egyptian banking sector for which financial statements were available. The analysis showed that all surveyed banks achieved positive growth rates during the first quarter of 2026.&lt;/p&gt;&lt;p data-end="1972" data-start="1709" dir="ltr"&gt;The ranking also highlighted the success of four banks in maintaining their positions among the ten fastest-growing banks in customer deposits during both 2025 and the first quarter of 2026. These banks were &amp;laquo;HSBC&amp;raquo;, &amp;laquo;ADIB&amp;raquo;, &amp;laquo;The United Bank&amp;raquo;&amp;nbsp;and &amp;laquo;Suez Canal Bank&amp;raquo;.&lt;/p&gt;&lt;p data-end="2277" data-start="1974" dir="ltr"&gt;In terms of size, Commercial International Bank &amp;ndash; Egypt &amp;laquo;CIB&amp;raquo;&amp;nbsp;continued to strengthen its position as the largest private-sector bank by customer deposits. Its deposit portfolio reached EGP 1.21 trillion, compared with EGP 1.11 trillion at the end of 2025, recording a growth rate of approximately 9.5%.&lt;/p&gt;&lt;p data-end="2484" data-start="2279" dir="ltr"&gt;This performance placed &amp;laquo;CIB&amp;raquo; tenth among the ten fastest-growing banks in customer deposits during the first quarter of 2026, reflecting its ability to combine a large balance sheet with sustainable growth.&lt;/p&gt;&lt;p data-end="2622" data-start="2486" dir="ltr"&gt;&amp;laquo;QNB&amp;raquo; Egypt also maintained its position as the second-largest private-sector bank in terms of customer deposits by the end of March 2026.&lt;/p&gt;&lt;p data-end="2921" data-start="2624" dir="ltr"&gt;The bank&amp;rsquo;s customer deposit portfolio reached EGP 880.94 billion, compared with EGP 779.31 billion at the end of 2025, recording a quarterly growth rate of 13.04%, which secured fourth place in the ranking of the ten fastest-growing banks in customer deposits during the first quarter of the year.&lt;/p&gt;&lt;p data-end="3184" data-start="2923" dir="ltr"&gt;At the sector level, customer deposits at the 25 banks operating in the Egyptian banking sector increased by approximately 9.4% during the first quarter of 2026, reaching EGP 6.99 trillion by the end of March, compared with EGP 6.39 trillion at the end of 2025.&lt;/p&gt;&lt;p data-end="3414" data-start="3186" dir="ltr"&gt;The ranking also revealed that two Islamic banks appeared among the top ten fastest-growing banks, out of the four Islamic banks included in the analysis. &amp;laquo;ADIB&amp;raquo;&amp;nbsp;ranked second, while Faisal Islamic Bank secured eighth place.&lt;/p&gt;&lt;p data-end="3600" data-is-last-node="" data-is-only-node="" data-start="3416" dir="ltr"&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/16/13060.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13059</guid><link>https://en.firstbankeg.com/13059</link><title>Egyptian Pound Index rose to 37.450 Points Against Major Currencies at the Close of tuesday, June 16 Trading </title><description /><pubDate>Tue, 16 Jun 2026 16:25:34 +0200</pubDate><a10:updated>2026-06-16T16:25:34+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index increased against major currencies at the close of trading on tuesday, June 16, with the index increased to 37.450 points, compared to 37.315 points at the end of monday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise was driven by the Egyptian pound&amp;rsquo;s increase against the U.S. dollar, euro, British pound, UAE dirham, Saudi riyal, and Chinese yuan, the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar decreased from EGP&amp;nbsp;50.44 to EGP 50.27 by the end of the day, while the average buying price fell from EGP&amp;nbsp;50.34 to EGP 50.17.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro edged down from EGP 58.57 to EGP 58.32, while the average buying price fell from EGP 58.45 to EGP 58.2.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound decreased from EGP 67.71 to EGP 67.45, while the average buying price fell from EGP 67.56 to EGP 67.3.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham fell from EGP 13.73 to EGP 13.69, while the average buying price decreased from EGP 13.71 to EGP 13.66.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal decreased from EGP 13.44 to EGP 13.40, while the average buying price fell from EGP 13.42 to EGP 13.37.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan decreased from EGP 7.47 to EGP 7.44, while the average buying price fell from EGP 7.45 to EGP 7.43 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen decreased from EGP 31.49 to 31.35, while the average buying price fell from EGP 31.43 to EGP 31.28 by the end of the day.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/16/13059.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13058</guid><link>https://en.firstbankeg.com/13058</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Tuesday, June 16, 2026</title><description /><pubDate>Tue, 16 Jun 2026 16:04:09 +0200</pubDate><a10:updated>2026-06-16T16:04:09+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Tuesday 16 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 50.1723&amp;nbsp;for buying and EGP 50.2723&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;IDB&amp;raquo; at EGP 50.40 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 50.17 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 58.1948 for buying and EGP 58.3159 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 58.33 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 58.26 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 67.2961 for buying and EGP 67.4503 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 67.48 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 67.38 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.3693 for buying and EGP 13.3967 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.43 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.38 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 163.4276 for buying and EGP 163.8067&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 163.82 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 162.90 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.6601 for buying and EGP 13.6881 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.72 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Faisal&amp;raquo; at EGP 13.67 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/16/13058.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13057</guid><link>https://en.firstbankeg.com/13057</link><title>Egyptian Exchange Closes Tuesday, June 16 Session with EGX30 Up 0.50%</title><description /><pubDate>Tue, 16 Jun 2026 15:38:18 +0200</pubDate><a10:updated>2026-06-16T15:38:18+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market closed trading on tuesday, June 16, 2026, at EGP 3.720 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index fell by 0.50% to close at 52.047 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 220 stocks, of which 102 advanced, 104 declined, while 14 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 3.27 billion shares executed through 193.4 thousand transactions, with total trading value amounting to EGP 10.15 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/16/13057.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13056</guid><link>https://en.firstbankeg.com/13056</link><title>Egypt’s banking sector performance on EGX at Tuesday</title><description /><pubDate>Tue, 16 Jun 2026 15:13:47 +0200</pubDate><a10:updated>2026-06-16T15:13:47+02:00</a10:updated><a10:content type="html">&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Tuesday, June 16, 2026, recording a decrease in its market capitalization by 0.08%, reaching EGP 883.71 billion at the end of today&amp;rsquo;s session, compared to 884.42 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.59% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 680.259 million, representing 6.70% of the total trading value on the exchange today. A total of 8.546 million shares were traded in the sector, accounting for 0.26% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a decrease in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index declined by 0.50% to close at 52.047 points, while the EGX70 index increased by 0.23% to 15.483 points, and the EGX100 index gained 0.15% to close at 21.262 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/16/13056.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13055</guid><link>https://en.firstbankeg.com/13055</link><title>CIB, QNB Egypt, and ADIB Lead Egyptian Listed Banks in Strengthening Their Financial Positions During Q1 2026</title><description /><pubDate>Tue, 16 Jun 2026 13:16:09 +0200</pubDate><a10:updated>2026-06-16T13:16:09+02:00</a10:updated><a10:content type="html">&lt;section data-testid="conversation-turn-2" data-turn="assistant" data-turn-id="request-WEB:51a95e0b-bf5f-48fa-892d-a0052cbb6443-0" data-turn-id-container="request-WEB:51a95e0b-bf5f-48fa-892d-a0052cbb6443-0" dir="auto"&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="153" data-start="146"&gt;CIB&lt;/strong&gt; maintained its top position, underscoring the strength of its financial standing and its ability to continue expanding despite intensifying competition.&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;Four banks retained their places among the top five in both Q1 2026 and full-year 2025 rankings, while &lt;strong data-end="435" data-start="412"&gt;Faisal Islamic Bank&lt;/strong&gt; entered the top five as a new entrant.&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;The total financial position (assets) of banks listed on the Egyptian Exchange reached &lt;strong data-end="584" data-start="564"&gt;EGP 4.8 trillion&lt;/strong&gt;, an increase of &lt;strong data-end="623" data-start="601"&gt;EGP 431.96 billion&lt;/strong&gt; during the first quarter of 2026.&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;Foreign banking groups captured two of the top five positions among the four foreign-owned banks included in the ranking.&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="1208" data-start="783"&gt;According to the &lt;strong data-end="814" data-start="800"&gt;First Bank&lt;/strong&gt; ranking of the Egyptian Exchange-listed banks that achieved the greatest enhancement in their financial positions during the first quarter of 2026, &lt;strong data-end="1010" data-start="963"&gt;Commercial International Bank (CIB)&lt;/strong&gt; ranked first. Its asset portfolio increased by approximately &lt;strong data-end="1094" data-start="1072"&gt;EGP 124.64 billion&lt;/strong&gt;, reaching &lt;strong data-end="1126" data-start="1105"&gt;EGP 1.56 trillion&lt;/strong&gt; at the end of March 2026, compared with &lt;strong data-end="1188" data-start="1167"&gt;EGP 1.44 trillion&lt;/strong&gt; at the end of 2025.&lt;/p&gt;&lt;p data-end="1446" data-start="1210"&gt;&lt;strong data-end="1251" data-start="1210"&gt;QNB Egypt&lt;/strong&gt; secured second place, with its assets rising by around &lt;strong data-end="1329" data-start="1307"&gt;EGP 112.15 billion&lt;/strong&gt; during Q1 2026 to &lt;strong data-end="1369" data-start="1348"&gt;EGP 1.03 trillion&lt;/strong&gt; at the end of March 2026, up from &lt;strong data-end="1426" data-start="1404"&gt;EGP 915.56 billion&lt;/strong&gt; at the end of 2025.&lt;/p&gt;&lt;p data-end="1738" data-start="1448"&gt;&lt;strong data-end="1502" data-start="1448"&gt;Abu Dhabi Islamic Bank Egypt (ADIB Egypt)&lt;/strong&gt; ranked third, recording an increase of &lt;strong data-end="1560" data-start="1542"&gt;EGP 48 billion&lt;/strong&gt; in assets during the first quarter of 2026. Its asset portfolio reached &lt;strong data-end="1655" data-start="1633"&gt;EGP 392.15 billion&lt;/strong&gt; at the end of March 2026, compared with &lt;strong data-end="1718" data-start="1696"&gt;EGP 344.15 billion&lt;/strong&gt; at the end of 2025.&lt;/p&gt;&lt;p data-end="2023" data-start="1740"&gt;The ranking measures the increase in the financial position of all &lt;strong data-end="1851" data-start="1807"&gt;12 banks listed on the Egyptian Exchange&lt;/strong&gt; for which financial data were available during the period under review. The analysis showed that all listed banks recorded growth in their asset portfolios during Q1 2026.&lt;/p&gt;&lt;p data-end="2341" data-start="2025"&gt;Listed banks on the Egyptian Exchange posted notable growth in their financial positions during the first quarter of 2026, reaching approximately &lt;strong data-end="2191" data-start="2171"&gt;EGP 4.8 trillion&lt;/strong&gt; by the end of March, compared with &lt;strong data-end="2248" data-start="2227"&gt;EGP 4.37 trillion&lt;/strong&gt; at the end of 2025, representing an increase of &lt;strong data-end="2319" data-start="2297"&gt;EGP 431.96 billion&lt;/strong&gt; in just three months.&lt;/p&gt;&lt;p data-end="2618" data-start="2343"&gt;&lt;strong data-end="2416" data-start="2343"&gt;CIB, QNB Egypt, ADIB Egypt, and Suez Canal Bank&lt;/strong&gt; maintained their positions among the top five banks in both Q1 2026 and 2025. Meanwhile, &lt;strong data-end="2547" data-start="2506"&gt;Faisal Islamic Bank of Egypt&lt;/strong&gt; climbed to fifth place after ranking tenth in the 2025 classification.&lt;/p&gt;&lt;p data-end="2839" data-start="2620"&gt;Among foreign-owned banking groups listed on the Egyptian Exchange, two banks ranked among the top five institutions that strengthened their financial positions the most during Q1 2026: &lt;strong data-end="2819" data-start="2806"&gt;QNB Egypt&lt;/strong&gt; and &lt;strong data-end="2838" data-start="2824"&gt;ADIB Egypt&lt;/strong&gt;.&lt;/p&gt;&lt;p data-end="3131" data-start="2841"&gt;In addition, Islamic banks listed on the Egyptian Exchange increased their combined financial position by approximately &lt;strong data-end="2982" data-start="2961"&gt;EGP 80.85 billion&lt;/strong&gt; during Q1 2026. Their total assets reached &lt;strong data-end="3048" data-start="3026"&gt;EGP 828.82 billion&lt;/strong&gt; at the end of March 2026, compared with &lt;strong data-end="3111" data-start="3089"&gt;EGP 747.97 billion&lt;/strong&gt; at the end of 2025.&lt;/p&gt;&lt;p data-end="3300" data-is-last-node="" data-is-only-node="" data-start="3133"&gt;&lt;strong data-end="3142" data-start="3133"&gt;Note:&lt;/strong&gt; All figures and growth rates mentioned in the analysis are based on the standalone financial statements publicly announced by each bank as of March 31, 2026.&lt;/p&gt;&lt;/section&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/16/13055.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13054</guid><link>https://en.firstbankeg.com/13054</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Tuesday trading</title><description /><pubDate>Tue, 16 Jun 2026 10:43:15 +0200</pubDate><a10:updated>2026-06-16T10:43:15+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Tuesday 16 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 50.3394 for buying and EGP 50.4394 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 51.09 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 50.37 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 58.4488 for buying and EGP 58.5743 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 59.15 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 58.54 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 67.5602 for buying and EGP 67.7138 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 68.51 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 68.91&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.4148&amp;nbsp;for buying and EGP 13.4420&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.61 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; &amp;nbsp;at EGP 13.42 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 163.9711&amp;nbsp;for buying and EGP 164.3486 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;saib&amp;raquo; at EGP 164.06 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 163.47 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.7056 for buying and EGP 13.7334&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.91&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.71 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/16/13054.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13053</guid><link>https://en.firstbankeg.com/13053</link><title>Egyptian Pound Index rose to 37.315 Points Against Major Currencies at the Close of sunday, June 15 Trading</title><description /><pubDate>Mon, 15 Jun 2026 17:25:31 +0200</pubDate><a10:updated>2026-06-15T17:25:31+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index increased against major currencies at the close of trading on monday, June 15, with the index falling to 37.315 points, compared to 36.824 points at the end of sunday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise was driven by the Egyptian pound&amp;rsquo;s increase against the U.S. dollar, euro, British pound, UAE dirham, Saudi riyal, and Chinese yuan, the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar decreased from EGP&amp;nbsp;51.16 to EGP 50.44 by the end of the day, while the average buying price fell from EGP&amp;nbsp;51.06 to EGP 50.34.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro edged down from EGP 59.19 to EGP 58.57, while the average buying price fell from EGP&amp;nbsp;59.07 to EGP 58.45.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound decreased from EGP 68.60 to EGP 67.71, while the average buying price fell from EGP 68.45 to EGP 67.56.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham fell from EGP 13.93 to EGP 13.73, while the average buying price decreased from EGP 13.90 to EGP 13.71.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal decreased from EGP 13.63 to EGP 13.44, while the average buying price fell from EGP 13.61 to EGP 13.42.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan decreased from EGP 7.57 to EGP 7.47, while the average buying price fell from EGP 7.55 to EGP 7.45 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen decreased from EGP 31.93 to 31.49, while the average buying price fell from EGP 31.87 to EGP 31.43 by the end of the day.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/15/13053.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13052</guid><link>https://en.firstbankeg.com/13052</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«HSBC», «NBK – Egypt», and «Emirates NBD» Lead Asset Growth Among Egyptian Banks in Q1 2026</title><description>HSBC Tops the List, Climbing Eighth Place in the 2025 Ranking.</description><pubDate>Mon, 15 Jun 2026 17:25:17 +0200</pubDate><a10:updated>2026-06-15T17:25:17+02:00</a10:updated><a10:content type="html">&lt;h3 data-end="70" data-start="0" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;HSBC Tops the List, Climbing from Eighth Place in the 2025 Ranking&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="174" data-start="72" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Total Assets of 25 Banks Operating in Egypt Reach EGP 9.06 Trillion, Growing by 10% During Q1 2026&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="309" data-start="176" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;&amp;laquo;CIB&amp;raquo; Maintains Its Position as the Largest Private-Sector Bank by Total Assets, While Arab African International Bank Ranks Second&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="489" data-start="311" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Total Assets of Islamic Banks Reach EGP 1.01 Trillion by the End of March 2026, Up from EGP 919.78 Billion at the End of 2025, Recording a Growth Rate of 10.2% During Q1 2026&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="817" data-start="491" dir="ltr"&gt;First Bank&amp;rsquo;s ranking of the fastest-growing banks in Egypt&amp;rsquo;s banking sector by assets during the first quarter of 2026 revealed that HSBC topped the list, recording an asset growth rate of 18%. The bank&amp;rsquo;s asset portfolio reached EGP 416.04 bn by the end of March 2026, compared with EGP 352.49 bn at the end of 2025.&lt;/p&gt;&lt;p data-end="1069" data-start="819" dir="ltr"&gt;National Bank of Kuwait &amp;ndash; Egypt &amp;laquo;NBK Egypt&amp;raquo; secured second place after its asset portfolio increased by 14.6% during the first quarter of 2026, reaching EGP 257.71 bn by the end of March 2026, compared with EGP 224.86 bn at the end of 2025.&lt;/p&gt;&lt;p data-end="1249" data-start="1071" dir="ltr"&gt;Emirates NBD Egypt ranked third, with its asset portfolio rising by approximately 14.4% to EGP 237.47 bn during Q1 2026, compared with EGP 207.53 bn at the end of 2025.&lt;/p&gt;&lt;p data-end="1513" data-start="1251" dir="ltr"&gt;First Bank&amp;rsquo;s ranking tracked the asset portfolios of 25 banks operating within the Egyptian banking sector for which financial statements were available. The analysis showed that all surveyed banks achieved positive growth rates during the first quarter of 2026.&lt;/p&gt;&lt;p data-end="1742" data-start="1515" dir="ltr"&gt;At the sector level, the combined assets of the 25 banks operating in the Egyptian market reached EGP 9.06 tn by the end of March 2026, representing a growth rate of 10% compared with EGP 8.23 tn at the end of 2025.&lt;/p&gt;&lt;p data-end="2038" data-start="1744" dir="ltr"&gt;Commercial International Bank &amp;laquo;CIB&amp;raquo; maintained its position as the largest private-sector bank in Egypt by total assets, recording EGP 1.56 tn by the end of March 2026. Arab African International Bank ranked second, with total assets amounting to EGP 1.03 tn during the same period.&lt;/p&gt;&lt;p data-end="2259" data-start="2040" dir="ltr"&gt;Regarding Islamic banks, their combined assets reached EGP 1.01 tn by the end of March 2026, compared with EGP 919.78 bn at the end of 2025, reflecting a growth rate of 10.2% during the first quarter of 2026.&lt;/p&gt;&lt;p data-end="2445" data-is-last-node="" data-is-only-node="" data-start="2261" dir="ltr"&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of the end of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/15/13052.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13051</guid><link>https://en.firstbankeg.com/13051</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>CIB, QNB-Egypt, and ADIB Ranked as the Best EGX-Listed Banks on «First Bank» Credit Competitiveness Index during Q1 2026</title><description /><pubDate>Mon, 15 Jun 2026 17:07:08 +0200</pubDate><a10:updated>2026-06-15T17:07:08+02:00</a10:updated><a10:content type="html">&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;CIB maintains its dominance on &lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;laquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;First Bank&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;raquo;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;Credit Competitiveness Index, reflecting its success in achieving strong and sustainable growth in its loan portfolio at a pace exceeding that of its peers&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;Four banks retained their positions among the top five during both Q1 2026 and FY2025, while EBank emerged as a new entrant&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;Total customer financing at EGX-listed banks reached EGP 1.81 trillion, up by EGP 129.72 billion during Q1 2026.&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;A slight decline in the loan-to-deposit ratio was recorded, falling to 47.45% at the end of March 2026 from 48.62% at year-end 2025, reflecting slower growth in financing compared with deposits&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;Foreign-owned banks captured two positions among the top five, out of four banks included in the ranking&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;&amp;laquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;First Bank&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;&amp;raquo;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt; Credit Competitiveness Index for EGX-listed banks in the first quarter of 2026 revealed that Commercial International Bank &amp;ndash; Egypt (CIB) ranked first, after its customer financing portfolio increased by approximately EGP 42.54 billion, reaching EGP 545.9 billion at the end of March 2026, compared with EGP 503.36 billion at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;QNB Egypt secured second place, with its customer financing portfolio expanding by approximately EGP 25.27 billion during Q1 2026, reaching EGP 465.92 billion at the end of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Meanwhile, Abu Dhabi Islamic Bank &amp;ndash; Egypt (ADIB Egypt) ranked third after recording an increase of EGP 23.34 billion in its customer financing portfolio during the first quarter of 2026, bringing the portfolio balance to EGP 170.81 billion at the end of March 2026, compared with EGP 147.48 billion at year-end 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The First Bank Credit Competitiveness Index tracked the absolute increase in customer financing portfolios across all 12 banks listed on the Egyptian Exchange (EGX) for which financial statements were available as of March 2026. The data showed that all banks succeeded in expanding their customer financing portfolios during the period under review.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The index measures banks&amp;rsquo; ability to offer credit products and loan facilities that attract both retail and corporate customers. It is based on the absolute growth in net customer loans, which reflects each bank&amp;rsquo;s success in expanding its financing portfolio.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;EGX-listed banks recorded notable growth in net customer financing during the first quarter of 2026, with total financing reaching approximately EGP 1.81 trillion at the end of March, compared with EGP 1.68 trillion at the end of 2025, representing an increase of EGP 129.72&lt;b&gt;&lt;/b&gt;billion in just three months.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;CIB, QNB Egypt, ADIB Egypt, and Suez Canal Bank maintained their positions among the top five banks in both Q1 2026 and FY2025. Meanwhile, EBank climbed to fifth place after ranking eighth in the 2025 edition of the index.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Among foreign banking groups listed on the Egyptian Exchange, two institutions secured positions within the top five banks on the First Bank Credit Competitiveness Index: QNB Egypt and ADIB Egypt.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;On the other hand, the loan-to-deposit ratio among listed banks recorded a slight decline, reaching 47.45% at the end of March 2026, compared with 48.62% at year-end 2025. This indicates that financing activities expanded at a relatively slower pace than deposit growth.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;It is worth noting that all figures and growth rates presented in this analysis are based on the separate financial statements announced by each bank as of March 31, 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/15/13051.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13050</guid><link>https://en.firstbankeg.com/13050</link><title>Egypt’s banking sector performance on EGX at Monday</title><description>the banking sector in the Egyptian Stock Exchange closed in todays trading session on Monday, June 15, 2026,</description><pubDate>Mon, 15 Jun 2026 16:40:58 +0200</pubDate><a10:updated>2026-06-15T16:40:58+02:00</a10:updated><a10:content type="html">&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Monday, June 15, 2026, recording an increase in its market capitalization by 1%, reaching EGP 884.42 billion at the end of today&amp;rsquo;s session, compared to 875.66 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.53% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 1.121 billion, representing 9.80% of the total trading value on the exchange today. A total of 2.822 million shares were traded in the sector, accounting for 0.34% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with an increase in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index rose by 0.60% to close at 52.306 points, while the EGX70 index increased by 0.33% to 15.447 points, and the EGX100 index gained 0.25% to close at 21.231 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/15/13050.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13049</guid><link>https://en.firstbankeg.com/13049</link><title>Egyptian Exchange Closes Tuesday, June 15 Session with EGX30 Up 0.6%</title><description /><pubDate>Mon, 15 Jun 2026 15:59:22 +0200</pubDate><a10:updated>2026-06-15T15:59:22+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market closed trading on monday, June 15, 2026, at EGP 3.726 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index rose by 0.60% to close at 52.306 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 223 stocks, of which 96 advanced, 103 declined, while 24 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 3.72 billion shares executed through 224.23 thousand transactions, with total trading value amounting to EGP 11.45 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/15/13049.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13048</guid><link>https://en.firstbankeg.com/13048</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Foreign Currency Rates at the Close of Trading in Egyptian Banks on Monday, June 15, 2026</title><description>The foreign exchange rates witnessed decreases at the close of Monday 15 June 2026 trading at Egyptian banks.</description><pubDate>Mon, 15 Jun 2026 15:52:25 +0200</pubDate><a10:updated>2026-06-15T15:52:25+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed decreases at the close of Monday 15 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 50.4394 for buying and EGP 50.3394 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 51.09 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 50.37 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 58.4488 for buying and EGP 58.57438 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 59.15 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 58.54at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 67.5602 for buying and EGP 67.7138 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 68.51 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 68.91 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.4148 for buying and EGP 13.4420 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.61 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 13.42 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 163.9711 for buying and EGP 164.3486 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;AIB&amp;raquo; at EGP 164.06 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 163.47 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.7056 for buying and EGP 13.7334&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.91 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Faisal&amp;raquo; at EGP 13.71 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/15/13048.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13046</guid><link>https://en.firstbankeg.com/13046</link><a10:author><a10:name>Kerolous Marzouk</a10:name></a10:author><title>Currency rates at the start of Monday trading</title><description>The foreign exchange rates witnessed stability at the start of Monday 15 June 2026 trading at Egyptian banks.</description><pubDate>Mon, 15 Jun 2026 13:08:21 +0200</pubDate><a10:updated>2026-06-15T13:08:21+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1" dir="ltr"&gt;The foreign exchange rates witnessed stability at the start of Monday 15 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2" dir="ltr"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 51.0477 for buying and EGP 51.1869&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3" dir="ltr"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 51.95&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 51.10&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5" dir="ltr"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 59.0520&amp;nbsp;for buying and EGP 59.2181&amp;nbsp;for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 60.03&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 59.22&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8" dir="ltr"&gt;The British pound also decrease against the Egyptian pound yesterday, reaching EGP 68.4346&amp;nbsp;for buying and EGP 68.6365 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 69.51 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10" dir="ltr"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 68.61&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11" dir="ltr"&gt;The Saudi riyal recorded a decrease by the close of trading yesterday, reaching EGP 13.6018&amp;nbsp;for buying and EGP 13.6396&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.84 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; &amp;nbsp;at EGP 13.62 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14" dir="ltr"&gt;The Kuwaiti dinar recorded an decrease by the close of trading in Egypt yesterday, reaching EGP 168.4078 for buying and EGP 166.7053&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15" dir="ltr"&gt;The highest buying price was at &amp;laquo;saib&amp;raquo; at EGP 166.1980&amp;nbsp;at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16" dir="ltr"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 166.34 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17" dir="ltr"&gt;&lt;span style="color:#cc9900;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17" dir="ltr"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt yesterday, reaching EGP 13.8973&amp;nbsp;for buying and EGP 13.9360&amp;nbsp;for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18" dir="ltr"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.14 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19" dir="ltr"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.91 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/15/13046.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13045</guid><link>https://en.firstbankeg.com/13045</link><title>Egyptian Pound Index rose to 36.249 Points Against Major Currencies at the Close of sunday, June 14 Trading </title><description /><pubDate>Sun, 14 Jun 2026 20:01:52 +0200</pubDate><a10:updated>2026-06-14T20:01:52+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index increased against major currencies at the close of trading on sunday, June 14, with the index falling to 36.824 points, compared to 36.249 points at the end of Thursday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise was driven by the Egyptian pound&amp;rsquo;s increase against the U.S. dollar, euro, British pound, UAE dirham, Saudi riyal, and Chinese yuan, the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar decreased from EGP 52.03 to EGP 51.16 by the end of the day, while the average buying price fell from EGP&amp;nbsp;51.78 to EGP 51.06.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro edged down from EGP 60.04 to EGP 59.19, while the average buying price fell from EGP&amp;nbsp;59.92 to EGP 59.07.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound decreased from EGP 69.54 to EGP 68.60, while the average buying price fell from EGP 69.39 to EGP 68.45.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham fell from EGP 14.17 to EGP 13.93, while the average buying price decreased from EGP 14.14 to EGP 13.90.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal decreased from EGP 13.86 to EGP 13.63, while the average buying price fell from EGP 13.83 to EGP 13.61.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan decreased from EGP 7.68 to EGP 7.57, while the average buying price fell from EGP 7.66 to EGP 7.55 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen decreased from EGP 32.42 to 31.93, while the average buying price fell from EGP 32.35 to EGP 31.87 by the end of the day.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/14/13045.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13044</guid><link>https://en.firstbankeg.com/13044</link><title>Faisal Islamic Bank, ABK Egypt, and Kuwait Finance House Egypt Lead Profit Growth in Q1 2026</title><description /><pubDate>Sun, 14 Jun 2026 18:00:04 +0200</pubDate><a10:updated>2026-06-14T18:00:04+02:00</a10:updated><a10:content type="html">&lt;section data-scroll-anchor="false" data-testid="conversation-turn-2" data-turn="assistant" data-turn-id="request-WEB:94ce41d1-c71d-4432-8bbc-af4e7edf529a-2" data-turn-id-container="request-WEB:94ce41d1-c71d-4432-8bbc-af4e7edf529a-2" dir="auto"&gt;&lt;h3 data-end="289" data-start="116"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="139" data-start="116"&gt;Faisal Islamic Bank&lt;/strong&gt; topped the ranking, climbing from last place in the Q1 2025 classification, benefiting in part from a lower profit base during the comparison period.&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="450" data-start="291"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="312" data-start="291"&gt;EGP 82.16 billion&lt;/strong&gt; in net profits were generated by 25 banks operating in the Egyptian market, representing &lt;strong data-end="416" data-start="402"&gt;20% growth&lt;/strong&gt; during the first quarter of 2026.&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="562" data-start="452"&gt;&lt;span style="color:#cc9933;"&gt;&lt;strong data-end="459" data-start="452"&gt;CIB&lt;/strong&gt; maintained its position as the most profitable private-sector bank, while &lt;strong data-end="547" data-start="534"&gt;QNB Egypt&lt;/strong&gt; ranked second.&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="779" data-start="564"&gt;&lt;span style="color:#cc9933;"&gt;Net profits of Islamic banks reached &lt;strong data-end="621" data-start="601"&gt;EGP 9.09 billion&lt;/strong&gt;, growing by &lt;strong data-end="643" data-start="634"&gt;59.1%&lt;/strong&gt; in Q1 2026, compared with a &lt;strong data-end="689" data-start="672"&gt;50.1% decline&lt;/strong&gt; during the corresponding period of 2025, reflecting a strong acceleration in performance.&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="894" data-start="781"&gt;&lt;span style="color:#cc9933;"&gt;A notable decline in net profits was recorded by &lt;strong data-end="845" data-start="830"&gt;eight banks&lt;/strong&gt; operating in the Egyptian market during Q1 2026.&lt;/span&gt;&lt;/h3&gt;&lt;p data-end="1406" data-start="896"&gt;According to &lt;strong data-end="925" data-start="909"&gt;First Bank&amp;rsquo;s&lt;/strong&gt; report tracking net profit developments among banks operating in Egypt&amp;rsquo;s banking sector during Q1 2026, &lt;strong data-end="1062" data-start="1030"&gt;Faisal Islamic Bank of Egypt&lt;/strong&gt; ranked first after achieving a strong growth rate of &lt;strong data-end="1126" data-start="1116"&gt;232.5%&lt;/strong&gt;. Its net profit rose to &lt;strong data-end="1171" data-start="1151"&gt;EGP 2.93 billion&lt;/strong&gt; during the period, compared with &lt;strong data-end="1227" data-start="1205"&gt;EGP 881.64 million&lt;/strong&gt; in the corresponding period of 2025. This significant growth enabled the bank to move to the top of the ranking after placing &lt;strong data-end="1362" data-start="1354"&gt;24th&lt;/strong&gt; among the fastest-growing banks in Q1 2025.&lt;/p&gt;&lt;p data-end="1631" data-start="1408"&gt;&lt;strong data-end="1452" data-start="1408"&gt;Al Ahli Kuwaiti Bank &amp;ndash; Egypt (ABK Egypt)&lt;/strong&gt; secured second place with a growth rate of &lt;strong data-end="1504" data-start="1496"&gt;100%&lt;/strong&gt;, as its net profit reached &lt;strong data-end="1552" data-start="1532"&gt;EGP 2.49 billion&lt;/strong&gt; in Q1 2026, compared with &lt;strong data-end="1599" data-start="1579"&gt;EGP 1.25 billion&lt;/strong&gt; during the same period in 2025.&lt;/p&gt;&lt;p data-end="1848" data-start="1633"&gt;&lt;strong data-end="1665" data-start="1633"&gt;Kuwait Finance House &amp;ndash; Egypt&lt;/strong&gt; ranked third, with net profits increasing by approximately &lt;strong data-end="1734" data-start="1725"&gt;87.4%&lt;/strong&gt; to &lt;strong data-end="1758" data-start="1738"&gt;EGP 1.76 billion&lt;/strong&gt; in Q1 2026, compared with &lt;strong data-end="1807" data-start="1785"&gt;EGP 937.78 million&lt;/strong&gt; during the corresponding period of 2025.&lt;/p&gt;&lt;p data-end="2115" data-start="1850"&gt;The &lt;strong data-end="1868" data-start="1854"&gt;First Bank&lt;/strong&gt; ranking monitored the net profits of &lt;strong data-end="1918" data-start="1906"&gt;25 banks&lt;/strong&gt; in the Egyptian banking system for which financial data were available. It found that &lt;strong data-end="2048" data-start="2005"&gt;17 banks recorded positive growth rates&lt;/strong&gt;, while &lt;strong data-end="2099" data-start="2056"&gt;8 banks experienced noticeable declines&lt;/strong&gt; during Q1 2026.&lt;/p&gt;&lt;p data-end="2315" data-start="2117"&gt;At the sector level, the combined net profits of the 25 banks reached &lt;strong data-end="2208" data-start="2187"&gt;EGP 82.16 billion&lt;/strong&gt; in Q1 2026, representing &lt;strong data-end="2248" data-start="2234"&gt;20% growth&lt;/strong&gt; compared with &lt;strong data-end="2283" data-start="2263"&gt;EGP 68.5 billion&lt;/strong&gt; during the same period in 2025.&lt;/p&gt;&lt;p data-end="2563" data-start="2317"&gt;&lt;strong data-end="2324" data-start="2317"&gt;CIB&lt;/strong&gt; retained its title as the most profitable private-sector bank, reporting &lt;strong data-end="2419" data-start="2398"&gt;EGP 17.74 billion&lt;/strong&gt; in net profits during the first quarter of the year. &lt;strong data-end="2486" data-start="2473"&gt;QNB Egypt&lt;/strong&gt; came second with net profits of &lt;strong data-end="2539" data-start="2519"&gt;EGP 8.86 billion&lt;/strong&gt; during the same period.&lt;/p&gt;&lt;p data-end="2788" data-start="2565"&gt;Net profits of Islamic banks reached &lt;strong data-end="2622" data-start="2602"&gt;EGP 9.09 billion&lt;/strong&gt;, growing by &lt;strong data-end="2644" data-start="2635"&gt;59.1%&lt;/strong&gt; in Q1 2026, compared with a &lt;strong data-end="2690" data-start="2673"&gt;50.1% decline&lt;/strong&gt; during the corresponding period in 2025, indicating a relative acceleration in their performance.&lt;/p&gt;&lt;p data-end="3036" data-start="2790"&gt;On the other hand, &lt;strong data-end="2824" data-start="2809"&gt;eight banks&lt;/strong&gt; recorded significant declines in net profits during Q1 2026: &lt;strong data-end="3035" data-start="2886"&gt;National Bank of Kuwait (NBK Egypt), Bank of Alexandria, Cr&amp;eacute;dit Agricole Egypt, United Bank, Al Baraka Bank Egypt, ADCB Egypt, ABC Bank, and SAIB&lt;/strong&gt;.&lt;/p&gt;&lt;p data-end="3231" data-is-last-node="" data-is-only-node="" data-start="3038"&gt;It should be noted that all figures and growth rates mentioned in the analysis above are based on the &lt;strong data-end="3186" data-start="3140"&gt;separate (standalone) financial statements&lt;/strong&gt; announced by each bank as of &lt;strong data-end="3230" data-start="3216"&gt;March 2026&lt;/strong&gt;.&lt;/p&gt;&lt;/section&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/14/13044.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13043</guid><link>https://en.firstbankeg.com/13043</link><title>Egypt’s banking sector performance on EGX at Sunday</title><description /><pubDate>Sun, 14 Jun 2026 17:44:49 +0200</pubDate><a10:updated>2026-06-14T17:44:49+02:00</a10:updated><a10:content type="html">&lt;p&gt;
the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Sunday, June 14, 2026, recording an increase in its market capitalization by 2.16%, reaching EGP 875.66 billion at the end of today&amp;rsquo;s session, compared to 857.13 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.10% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 735.110 million, representing 7.13% of the total trading value on the exchange today. A total of 9.135 million shares were traded in the sector, accounting for 0.32% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with an increase in the main index EGX30, while the EGX70 and EGX100 indices rose, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index rose by 2.31% to close at 51.994 points, while the EGX70 index increased by 2.73% to 15.396 points, and the EGX100 index gained 2.73% to close at 21.179 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/14/13043.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13042</guid><link>https://en.firstbankeg.com/13042</link><a10:author><a10:name>First Bank</a10:name></a10:author><title>«CIB», «QNB Egypt», and «ADIB» are the best listed banks on the Egyptian Stock Exchange under the «First Bank» index for depositor confidence during Q1 2026</title><description>CIB maintains its leadership in the First Bank Depositor Confidence Index, reflecting its strong ability to</description><pubDate>Sun, 14 Jun 2026 16:01:26 +0200</pubDate><a10:updated>2026-06-14T16:01:26+02:00</a10:updated><a10:content type="html">&lt;div class="flex max-w-full flex-col gap-4 grow"&gt;&lt;div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;amp;]:mt-1" data-message-author-role="assistant" data-message-id="42beadf0-4da9-4e48-a5b7-cc8f562369fa" data-message-model-slug="gpt-5-3-mini" dir="auto"&gt;&lt;div class="flex w-full flex-col gap-1 empty:hidden"&gt;&lt;div class="markdown prose dark:prose-invert wrap-break-word w-full light markdown-new-styling"&gt;&lt;h3 data-end="585" data-is-last-node="" data-is-only-node="" data-start="59"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong data-end="585" data-is-last-node="" data-start="59"&gt;CIB maintains its leadership in the &amp;laquo;First Bank&amp;raquo; Depositor Confidence Index, reflecting its strong ability to attract different segments of customers&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="585" data-is-last-node="" data-is-only-node="" data-start="59"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong data-end="585" data-is-last-node="" data-start="59"&gt;Four banks retained their positions among the top five during Q1 2026 and 2025, with Faisal Islamic Bank as the new entrant&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="585" data-is-last-node="" data-is-only-node="" data-start="59"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong data-end="585" data-is-last-node="" data-start="59"&gt;Customer deposits at listed banks on the Egyptian Stock Exchange reached EGP 3.81 trillion, up by EGP 357.99 billion during Q1 2026&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;h3 data-end="585" data-is-last-node="" data-is-only-node="" data-start="59"&gt;&lt;span style="color:#cc9900;"&gt;&lt;strong data-end="585" data-is-last-node="" data-start="59"&gt;Islamic banks secured two seats among the top five out of a total of three banks included in the ranking&lt;/strong&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The &amp;laquo;First Bank&amp;raquo;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt; ranking of the best banks listed on the Egyptian Stock Exchange according to the &amp;laquo;First Bank&amp;raquo; Depositor Confidence Index for Q1 2026 revealed that Commercial International Bank &amp;ndash; Egypt &amp;laquo;CIB&amp;raquo; topped the list after its deposit portfolio increased by EGP 104.70 bn, reaching EGP 1.21 tn at the end of March 2026, compared with EGP 1.11 tn at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;laquo;QNB Egypt&amp;raquo; secured second place, as its customer deposit portfolio grew by approximately EGP 101.63 billion during Q1 2026, reaching EGP 880.94 billn at the end of March 2026, compared with EGP 779.31 billion at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Abu Dhabi Islamic Bank &amp;ndash; Egypt &amp;laquo;ADIB&amp;raquo; captured third place, recording an increase of EGP 43.22 bn during Q1 2026. Its customer deposit portfolio reached EGP 321.31 bn at the end of March 2026, up from EGP 278.09 bn at the end of 2025.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The &amp;laquo;First Bank&amp;raquo; Depositor Confidence Index tracked the increase in customer deposit portfolios across all banks listed on the Egyptian Stock Exchange (12 banks), for which financial data were available as of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The data showed that all banks succeeded in increasing the size of their customer deposit portfolios during the period under review.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The &amp;laquo;First Bank&amp;raquo; Depositor Confidence Index was launched to measure savers&amp;rsquo; preferences and confidence in placing deposits and certificates with Egyptian banks over a specific period. The index is based on the value of the increase in banks&amp;rsquo; deposit balances, with the bank receiving the largest volume of new deposits during Q1 2026 ranking first on the index.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&amp;laquo;CIB&amp;raquo;, &amp;laquo;QNB Egypt&amp;raquo;, &amp;laquo;ADIB Egypt&amp;raquo;, and Suez Canal Bank maintained their positions among the top five banks during both Q1 2026 and 2025, while Faisal Islamic Bank advanced to fourth place after ranking seventh in the 2025 classification.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The ranking also highlighted the dominance of the private banking sector, with private-sector banks occupying all top five positions: &amp;laquo;CIB&amp;raquo;, &amp;laquo;QNB Egypt&amp;raquo;, &amp;laquo;ADIB Egypt&amp;raquo;, Suez Canal Bank, and Faisal Islamic Bank.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Among Gulf banking groups operating in Egypt, two banks secured positions within the top five of the &amp;laquo;First Bank&amp;raquo; Depositor Confidence Index: &amp;laquo;QNB Egypt&amp;raquo; and &amp;laquo;ADIB Egypt&amp;raquo;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;As for Islamic banks, they captured two places within the top five, with ADIB Egypt ranking third and Faisal Islamic Bank ranking fourth.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;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.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/14/13042.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13041</guid><link>https://en.firstbankeg.com/13041</link><title>Currency rates at the close of Sunday trading</title><description /><pubDate>Sun, 14 Jun 2026 15:40:02 +0200</pubDate><a10:updated>2026-06-14T15:40:02+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed decreases at the close of Sunday 14 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 51.0477 for buying and EGP 51.1869 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 51.95 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 51.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 59.0520 for buying and EGP 59.2181 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 60.03 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 59.22 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound recorded a decrease against the Egyptian pound today, reaching EGP 68.4346 for buying and EGP 68.6365 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 69.51 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 68.61 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.6018 for buying and EGP 13.6396 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.84 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 13.62 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 168.4078 for buying and EGP 166.7053 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at &amp;laquo;saib&amp;raquo; at EGP 166.1980 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 166.34 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 13.8973 for buying and EGP 13.9360 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.14 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at &amp;laquo;FAB&amp;raquo; at EGP 13.91 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/14/13041.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13040</guid><link>https://en.firstbankeg.com/13040</link><title>Egyptian Exchange Closes Tuesday, June 14 Session with EGX30 Up 2.31%</title><description /><pubDate>Sun, 14 Jun 2026 15:23:37 +0200</pubDate><a10:updated>2026-06-14T15:23:37+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market closed trading on sunday, June 14, 2026, at EGP 3.762 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index rose by 2.31% to close at 51.994 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 222 stocks, of which 184 advanced, 28 declined, while 10 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 2.87 billion shares executed through 215.16 thousand transactions, with total trading value amounting to EGP 10.31 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/14/13040.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13039</guid><link>https://en.firstbankeg.com/13039</link><title>Currency rates at the start of Sunday trading</title><description /><pubDate>Sun, 14 Jun 2026 12:07:13 +0200</pubDate><a10:updated>2026-06-14T10:30:00+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed stability at the start of Sunday 14 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a slight increase against the Egyptian pound today, reaching EGP 51.9184 for buying and EGP 52.0551 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 52.16 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 51.93 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a slight increase against the Egyptian pound today, reaching EGP 59.8723 for buying and EGP 60.0352 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 60.12 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 60.01 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound witnessed stability against the Egyptian pound today, reaching EGP 69.3734 for buying and EGP 69.5613 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 69.64 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 69.54 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a slight increase by the close of trading today, reaching EGP 13.8309 for buying and EGP 13.8681 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.89 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; and &amp;laquo;Al Baraka&amp;raquo; at EGP 13.85 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded an increase by the close of trading in Egypt today, reaching EGP 168.9503 for buying and EGP 169.4503 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at &amp;laquo;saib&amp;raquo; at EGP 169.47 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 168.48 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a slight increase by the close of trading in Egypt today, reaching EGP 14.1359 for buying and EGP 14.1739 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.20 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.15 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/14/13039.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13038</guid><link>https://en.firstbankeg.com/13038</link><title>Egyptian Pound Index Falls to 36.249 Points Against Major Currencies at the Close of thursday, June 11 Trading</title><description>The Egyptian Pound Index declined against major currencies at the close of trading on Thursday, June 11, with</description><pubDate>Thu, 11 Jun 2026 16:41:44 +0200</pubDate><a10:updated>2026-06-11T16:41:44+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index declined against major currencies at the close of trading on Thursday, June 11, with the index falling to 36.249 points, compared to 36.345 points at the end of Wednesday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The decline was driven by the Egyptian pound&amp;rsquo;s depreciation against the U.S. dollar, euro, British pound, UAE dirham, Saudi riyal, and Chinese yuan, the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar rose from EGP 51.88 to EGP 52.03&amp;nbsp;by the end of the day, while the average buying price increased from EGP&amp;nbsp;51.78 to EGP 51.93.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro edged up from EGP 59.91 to EGP 60.04, while the average buying price rose from EGP&amp;nbsp;59.79 to EGP 59.92.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound increased from EGP 69.47 to EGP 69.54, while the average buying price climbed from EGP 69.32 to EGP 69.39.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham rose from EGP 14.13 to EGP 14.17, while the average buying price increased from EGP 14.09 to EGP 14.14.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal advanced from EGP 13.82 to EGP 13.86, while the average buying price rose from EGP 13.79 to EGP 13.83.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan increase&amp;nbsp;from EGP 7.65 to EGP 7.68, while the average buying price rose from EGP 7.64 to EGP 7.66 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen increase&amp;nbsp;from EGP 32.33 to 32.42, while the average buying price rose from EGP 32.26 to EGP 32.35 by the end of the day.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/11/13038.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13037</guid><link>https://en.firstbankeg.com/13037</link><title>Currency rates at the close of Thursday trading</title><description /><pubDate>Thu, 11 Jun 2026 16:35:05 +0200</pubDate><a10:updated>2026-06-11T16:35:05+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed increases at the close of Thursday 11 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a slight increase against the Egyptian pound today, reaching EGP 51.9184 for buying and EGP 52.0551 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 52.16 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 51.93 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a slight increase against the Egyptian pound today, reaching EGP 59.8723 for buying and EGP 60.0352 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 60.12 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 60.01 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound witnessed stability against the Egyptian pound today, reaching EGP 69.3734 for buying and EGP 69.5613 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 69.64 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 69.54 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a slight increase by the close of trading today, reaching EGP 13.8309 for buying and EGP 13.8681 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.89 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; and &amp;laquo;Al Baraka&amp;raquo; at EGP 13.85 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded an increase by the close of trading in Egypt today, reaching EGP 168.9503 for buying and EGP 169.4503 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at &amp;laquo;saib&amp;raquo; at EGP 169.47 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 168.48 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a slight increase by the close of trading in Egypt today, reaching EGP 14.1359 for buying and EGP 14.1739 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.20 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.15 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/11/13037.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13036</guid><link>https://en.firstbankeg.com/13036</link><title>Egypt’s banking sector performance on EGX at Thursday</title><description /><pubDate>Thu, 11 Jun 2026 15:58:40 +0200</pubDate><a10:updated>2026-06-11T15:58:40+02:00</a10:updated><a10:content type="html">&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Thursday, June 11, 2026, recording a decrease in its market capitalization by 0.47%, reaching EGP 857.13 billion at the end of today&amp;rsquo;s session, compared to 861.16 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.31% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 629.408 million, representing 5.87% of the total trading value on the exchange today. A total of 8.619 million shares were traded in the sector, accounting for 0.23% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a collective decline in the main stock market indices, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index declined by 0.85% to close at 50.818 points, while the EGX70 index fell by 1.44% to 14.986 points, and the EGX100 index decreased by 1.41% to close at 20.616 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/11/13036.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13035</guid><link>https://en.firstbankeg.com/13035</link><title>EGX30 End Thursday with 0.85% Decrease in benchmark index </title><description /><pubDate>Thu, 11 Jun 2026 15:35:57 +0200</pubDate><a10:updated>2026-06-11T15:35:57+02:00</a10:updated><a10:content type="html">&lt;div class="paragraph-list" dir="ltr"&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The market capitalization of listed equities on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.648 trillion at the close of trading on Thursday ,11 June, 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;The benchmark EGX30 Decreased&amp;nbsp;by 0.85% to close at 50.818 points.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;Investors traded 223 stocks, with approximately 49 gaining, 157 declining, and 17 remaining unchanged.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:black"&gt;Trading volume reached around 3.7 billion shares executed through 224.44 thousand&amp;nbsp;transactions, bringing the total trading value to approximately EGP 10.72 billion.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;/div&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/11/13035.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13034</guid><link>https://en.firstbankeg.com/13034</link><title>Currency rates at the start of Thursday trading</title><description /><pubDate>Thu, 11 Jun 2026 11:01:14 +0200</pubDate><a10:updated>2026-06-11T11:01:14+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="0"&gt;The foreign exchange rates witnessed stability at the start of Thursday 11 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound yesterday, reaching EGP 51.7766 for buying and EGP 51.8766 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at &amp;laquo;BANK NXT&amp;raquo; and Suez Canal Bank at EGP 51.82 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 51.77 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound yesterday, reaching EGP 59.7864 for buying and EGP 59.9071 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at Suez Canal Bank at EGP 59.77 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 59.82 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound recorded a slight increase against the Egyptian pound yesterday, reaching EGP 69.3185 for buying and EGP 69.4731 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at Suez Canal Bank at EGP 69.28 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 69.33 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal witnessed stability by the close of yesterday&amp;#39;s trading, reaching EGP 13.7927 for buying and EGP 13.8204 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.80 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.81 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded an increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 168.4887 for buying and EGP 168.8690 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 168.62 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 167.59 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham witnessed an increase by the close of yesterday&amp;#39;s trading in Egypt, reaching EGP 14.0973 for buying and EGP 14.1253 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.10 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.11 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/11/13034.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13032</guid><link>https://en.firstbankeg.com/13032</link><title>The Battle of Big Numbers: Emirates NBD and ADCB Compete for Second Place in the UAE Banking Sector</title><description /><pubDate>Wed, 10 Jun 2026 16:46:27 +0200</pubDate><a10:updated>2026-06-10T16:46:27+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;Amid intensifying competition among the UAE&amp;rsquo;s banking giants, a new edition of the &amp;ldquo;Battle of Big Numbers&amp;rdquo; series examines the rivalry between Emirates NBD and Abu Dhabi Commercial Bank (ADCB) for the position of the country&amp;rsquo;s second-largest banking institution.&lt;/p&gt;&lt;p dir="ltr"&gt;According to March 2026 financial data, Emirates NBD continues to rank as the UAE&amp;rsquo;s second-largest bank by assets, while ADCB maintains its position as the third-largest lender, making their competition one of the most notable features of the UAE banking landscape.&lt;/p&gt;&lt;p dir="ltr"&gt;An analysis of key financial indicators reveals Emirates NBD&amp;rsquo;s clear lead in terms of scale, with total assets rising to $331.24 billion at the end of March 2026, compared with $220.20 billion for ADCB during the same period.&lt;/p&gt;&lt;p dir="ltr"&gt;The advantage also extends to deposits, as Emirates NBD&amp;rsquo;s customer deposits reached $225.96 billion by the end of March 2026, compared with $142.41 billion for its rival, reflecting the bank&amp;rsquo;s stronger ability to attract savings and secure low-cost funding sources.&lt;/p&gt;&lt;p dir="ltr"&gt;On the lending front, Emirates NBD continued to dominate, reporting net customer loans of $184.53 billion at the end of March 2026, compared with $115.90 billion for ADCB during the same period.&lt;/p&gt;&lt;p dir="ltr"&gt;Despite Emirates NBD&amp;rsquo;s larger scale, growth metrics paint a more competitive picture over the past three years (from the end of 2022 to March 2026). Emirates NBD recorded asset growth of 63.9%, while ADCB posted a closely matched 62.4% increase, highlighting the latter&amp;rsquo;s ability to keep pace with the expansion of its larger competitor.&lt;/p&gt;&lt;p dir="ltr"&gt;However, the similarity in growth rates was not enough to narrow the gap between the two banks. The difference in total assets widened to $111.04 billion by the end of March 2026, up from $66.48 billion at the end of 2022.&lt;/p&gt;&lt;p dir="ltr"&gt;In the deposits race, ADCB outperformed with a 69.3% growth rate over the past three years, compared with 65.0% for Emirates NBD during the same period. Nevertheless, Emirates NBD&amp;rsquo;s larger deposit base pushed the gap between the two banks from $52.84 billion at the end of 2022 to $83.55 billion by March 2026.&lt;/p&gt;&lt;p dir="ltr"&gt;ADCB also achieved stronger growth in net customer loans, posting a 64.6% increase over the past three years, compared with 62.7% for Emirates NBD. Yet this was insufficient to reduce the lending gap between the two institutions, which widened to $68.63 billion by the end of March 2026, compared with $43.06 billion at the end of 2022.&lt;/p&gt;&lt;p dir="ltr"&gt;In terms of profitability, Emirates NBD continues to strengthen its lead, reporting net profit of $1.75 billion during the first quarter of 2026&amp;mdash;nearly double ADCB&amp;rsquo;s $915 million profit during the same period.&lt;/p&gt;&lt;p dir="ltr"&gt;The bank also demonstrated superior operating efficiency and profitability in the first quarter of 2026, achieving a return on average assets (ROAA) of 2.15%, compared with 1.70% for ADCB, reflecting a stronger ability to generate earnings from its asset base.&lt;/p&gt;&lt;p dir="ltr"&gt;Similarly, Emirates NBD posted a return on average equity (ROAE) of 17.73%, compared with 15.41% for ADCB, indicating greater efficiency in deploying shareholders&amp;rsquo; funds and generating returns on invested capital.&lt;/p&gt;&lt;p dir="ltr"&gt;Despite this, ADCB still retains an important competitive advantage in the form of a larger capital base. The bank&amp;rsquo;s capital stood at $2.15 billion at the end of March 2026, compared with $1.72 billion for Emirates NBD, providing greater flexibility to support future growth plans and strengthen its resilience against economic and operational challenges.&lt;/p&gt;&lt;p dir="ltr"&gt;These figures underscore that Emirates NBD has not only maintained its leadership in terms of size but has also continued to grow at a pace comparable to its competitor, resulting in a wider gap across its key financial portfolios by the end of March 2026.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13032.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13031</guid><link>https://en.firstbankeg.com/13031</link><title>Al Rajhi Bank Tops Global Islamic Banking Rankings at End-March 2026</title><description>According to the latest rankings released by First Bank, Al Rajhi Bank ranked first among the worlds 20 large</description><pubDate>Wed, 10 Jun 2026 16:39:53 +0200</pubDate><a10:updated>2026-06-10T16:39:53+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;According to the latest rankings released by First Bank, Al Rajhi Bank ranked first among the world&amp;rsquo;s 20 largest Islamic banks at the end of March 2026.&lt;/p&gt;&lt;p dir="ltr"&gt;The bank&amp;rsquo;s total assets reached $280.11 billion at the end of March 2026, compared to $278.15 billion at the end of 2025, representing a 0.7% quarter-on-quarter growth rate.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking was based on the size of reported assets denominated in U.S. dollars, providing a standardized comparison tool among Islamic banking institutions. Banks lacking officially disclosed financial data were excluded from the ranking to ensure the accuracy and reliability of the methodology.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking covered parent banking groups across various Arab countries and did not include their foreign subsidiaries.&lt;/p&gt;&lt;p dir="ltr"&gt;In addition to asset growth, Al Rajhi Bank delivered a strong financial performance during the current year. Net profit rose to $1.80 billion in the first quarter of 2026, compared to $1.58 billion during the same period in 2025, marking a 14.4% increase.&lt;/p&gt;&lt;p dir="ltr"&gt;Income from financing and investment activities surged by 18.4%, reaching $2.24 billion in the first quarter of 2026, up from $1.89 billion in the corresponding period of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;Banking service fees increased to $427.21 million during the first three months of 2026, compared to $365.96 million in the same period of 2025, reflecting a 16.7% growth rate.&lt;/p&gt;&lt;p dir="ltr"&gt;Customer deposits grew by approximately 1.7% during the first quarter of the year, reaching $180.85 billion at the end of March 2026, compared to $177.91 billion at the end of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;Net financing increased to $200.83 billion at the end of March 2026, compared to $200.69 billion at the end of 2025, representing a 0.1% quarter-on-quarter growth rate.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, shareholders&amp;rsquo; equity rose to $40.67 billion at the end of March 2026, compared to $38.10 billion at the end of 2025, reflecting a 6.7% quarter-on-quarter increase.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13031.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13033</guid><link>https://en.firstbankeg.com/13033</link><title>Currency rates at the close of Wednesday trading</title><description /><pubDate>Thu, 11 Jun 2026 09:23:12 +0200</pubDate><a10:updated>2026-06-10T16:11:44+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed changes at the close of Wednesday 10 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 51.7766 for buying and EGP 51.8766 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at &amp;laquo;NXT&amp;raquo; Bank and Suez Canal Bank at EGP 51.82 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 51.77 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 59.7864 for buying and EGP 59.9071 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at Suez Canal Bank at EGP 59.77 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 59.82 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound recorded a slight increase against the Egyptian pound today, reaching EGP 69.3185 for buying and EGP 69.4731 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at Suez Canal Bank at EGP 69.28 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 69.33 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal witnessed stability by the close of trading today, reaching EGP 13.7927 for buying and EGP 13.8209 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.80 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at &amp;laquo;Emirates NBD&amp;raquo; at EGP 13.81 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded an increase by the close of trading in Egypt today, reaching EGP 168.4887 for buying and EGP 168.8690 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 168.62 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 167.59 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded an increase by the close of trading in Egypt today, reaching EGP 14.0973 for buying and EGP 14.1253 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.10 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; at EGP 14.11 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/11/13033.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13030</guid><link>https://en.firstbankeg.com/13030</link><title>Egyptian Pound Index Falls to 36.345 Points Against Major Currencies at the Close of Wednesday, June 10 Trading</title><description /><pubDate>Wed, 10 Jun 2026 16:11:38 +0200</pubDate><a10:updated>2026-06-10T16:11:38+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index declined against major currencies at the close of trading on Wednesday, June 10, with the index falling to 36.345 points, compared to 36.398 points at the end of Tuesday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The decline was driven by the Egyptian pound&amp;rsquo;s depreciation against the U.S. dollar, euro, British pound, UAE dirham, Saudi riyal, and Chinese yuan, while it remained unchanged against the Japanese yen at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar rose from EGP 51.77 to EGP 51.88 by the end of the day, while the average buying price increased from EGP 51.67 to EGP 51.78.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro edged up from EGP 59.90 to EGP 59.91, while the average buying price rose from EGP 59.77 to EGP 59.79.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the British pound increased from EGP 69.37 to EGP 69.47, while the average buying price climbed from EGP 69.22 to EGP 69.32.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham rose from EGP 14.09 to EGP 14.13, while the average buying price increased from EGP 14.07 to EGP 14.09.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal advanced from EGP 13.79 to EGP 13.82, while the average buying price rose from EGP 13.76 to EGP 13.79.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan remained unchanged at EGP 7.65, while the average buying price held steady at EGP 7.64 at the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen also remained unchanged at EGP 32.33, while the average buying price was stable at EGP 32.26 by the end of the day.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13030.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13029</guid><link>https://en.firstbankeg.com/13029</link><title>Egyptian Stock Exchange Closes Wednesday, June 10 Session with EGX30 Down 2.13%</title><description /><pubDate>Wed, 10 Jun 2026 16:08:37 +0200</pubDate><a10:updated>2026-06-10T16:08:37+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange (EGX) closed Wednesday&amp;rsquo;s trading session, June 10, 2026, at EGP 3.687 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 Index declined by 2.13% to close at 51,256 points.&lt;/p&gt;&lt;p dir="ltr"&gt;A total of 221 stocks were traded during the session, with 23 stocks advancing, 191 stocks declining, and 7 stocks remaining unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 4.10 billion shares, executed through 221.94 thousand transactions, while the total value of trades amounted to EGP 10.78 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13029.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13028</guid><link>https://en.firstbankeg.com/13028</link><title>Egypt’s banking sector performance on EGX at Wednesday</title><description /><pubDate>Wed, 10 Jun 2026 15:20:56 +0200</pubDate><a10:updated>2026-06-10T15:20:56+02:00</a10:updated><a10:content type="html">&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Wednesday, June 10, 2026, recording a decrease in its market capitalization by 1.53%, reaching EGP 861.16 billion at the end of today&amp;rsquo;s session, compared to 874.58 the previous trading session&amp;#39;s closing.&lt;/p&gt;&lt;p&gt;The sector&amp;rsquo;s market capitalization accounted for 24.20% of the total market capitalization, the highest share among all listed sectors on the exchange.&lt;/p&gt;&lt;p&gt;Trading value on banking sector stocks reached EGP 759.233 million, representing 7.05% of the total trading value on the exchange today. A total of 10.446 million shares were traded in the sector, accounting for 0.26% of the overall trading volume of the market.&lt;/p&gt;&lt;p&gt;The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a collective decline in the main stock market indices, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.&lt;/p&gt;&lt;p&gt;The benchmark EGX30 index declined by 2.13% to close at 51.256 points, while the EGX70 index fell by 2.40% to 15.206 points, and the EGX100 index decreased by 2.55% to close at 20.911 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13028.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13027</guid><link>https://en.firstbankeg.com/13027</link><title>Currency rates at the start of Wednesday trading</title><description /><pubDate>Wed, 10 Jun 2026 11:55:45 +0200</pubDate><a10:updated>2026-06-10T11:55:45+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed stability at the start of Wednesday 10 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 51.6511 for buying and EGP 51.7891 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 51.72 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; and Bank of Alexandria at EGP 51.67 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 59.7397 for buying and EGP 59.9096 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 59.62 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at &amp;laquo;NBK&amp;raquo; and HDB at EGP 59.73 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded a decrease against the Egyptian pound today, reaching EGP 69.1919 for buying and EGP 69.3819 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at &amp;laquo;MID Bank&amp;raquo; at EGP 69.02 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at &amp;laquo;NBK&amp;raquo; and HDB at EGP 69.14 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.7571 for buying and EGP 13.7961 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.77 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at Bank of Alexandria at EGP 13.76 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 168.0805 for buying and EGP 168.5844 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 168.23 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 167.42 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham &lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 14.0632 for buying and EGP 14.1015 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.08 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Bank of Alexandria at EGP 14.07 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13027.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13026</guid><link>https://en.firstbankeg.com/13026</link><title>Egyptian Stock Exchange Opens Wednesday, June 10 Session with EGX30 Down 0.04%</title><description /><pubDate>Wed, 10 Jun 2026 11:33:14 +0200</pubDate><a10:updated>2026-06-10T11:33:14+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange (EGX) recorded EGP 3.750 trillion at the start of trading on Wednesday, June 10.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 Index opened the session at 52,374 points and edged down by 0.04% in early trading to reach 52,352 points.&lt;/p&gt;&lt;p dir="ltr"&gt;A total of 219 stocks were traded, with 86 stocks advancing, 90 declining, and 43 remaining unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 848 million shares executed through 53,000 transactions, while the total value of trades amounted to around EGP 2.290 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13026.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13024</guid><link>https://en.firstbankeg.com/13024</link><title>Housing &amp; Development Bank, CIB, and Faisal Islamic Bank Lead Listed Egyptian Banks in Capital Adequacy Ratio as of March 2026</title><description /><pubDate>Tue, 09 Jun 2026 16:04:22 +0200</pubDate><a10:updated>2026-06-09T16:04:22+02:00</a10:updated><a10:content type="html">&lt;h3&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;&lt;span style="color:#cc9933;"&gt;Housing &amp;amp; Development Bank maintains its top position, reflecting its exceptional ability to cover risks and absorb potential losses through a strong capital base.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;p&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;Stability among the top 5 listed banks in capital adequacy from end-2025 to March 2026, with a &amp;ldquo;musical chairs&amp;rdquo; shift between Faisal Islamic Bank and QNB Egypt&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="color:#cc9933;"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;&lt;b&gt;&lt;span&gt;&lt;span&gt;Islamic banks secure one seat among the top five, out of three banks included in the ranking&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;A recent ranking by &lt;em data-end="631" data-start="619"&gt;First Bank&lt;/em&gt; of the top listed banks on the Egyptian Exchange in terms of capital adequacy ratio (CAR) as of March 2026 revealed that &lt;strong data-end="783" data-start="753"&gt;&lt;span style="font-weight:normal"&gt;Housing &amp;amp; Development Bank&lt;/span&gt;&lt;/strong&gt; ranked first, recording a CAR of &lt;strong data-end="827" data-start="817"&gt;&lt;span style="font-weight:normal"&gt;38.49%&lt;/span&gt;&lt;/strong&gt;.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1027" data-start="830"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The bank maintained its leading position, having also topped the same ranking for 2025, reflecting its exceptional capacity to cover risks and absorb potential losses through a strong capital base.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1144" data-start="1029"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="1068" data-start="1029"&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Commercial International Bank (CIB)&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; ranked second with a capital adequacy ratio of &lt;strong data-end="1126" data-start="1116"&gt;&lt;span style="font-weight:normal"&gt;26.90%&lt;/span&gt;&lt;/strong&gt; as of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1246" data-start="1146"&gt;&lt;span&gt;&lt;span&gt;&lt;strong data-end="1178" data-start="1146"&gt;&lt;span&gt;&lt;span style="font-weight:normal"&gt;Faisal Islamic Bank of Egypt&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;span&gt; secured third place with a CAR of &lt;strong data-end="1223" data-start="1213"&gt;&lt;span style="font-weight:normal"&gt;26.29%&lt;/span&gt;&lt;/strong&gt; by the end of Q1 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1503" data-start="1248"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The ranking, which included all banks listed on the Egyptian Exchange, showed that only the top five banks achieved a capital adequacy ratio above the sector average of &lt;strong data-end="1426" data-start="1417"&gt;&lt;span style="font-weight:normal"&gt;19.6%&lt;/span&gt;&lt;/strong&gt; as of end-2025, according to the latest data from the Central Bank of Egypt.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1699" data-start="1505"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;In a related context, the list of the top 5 listed banks in terms of capital adequacy remained stable between end-2025 and March 2026, with the same banks continuing to occupy the top positions.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="1827" data-start="1701"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Housing &amp;amp; Development Bank retained first place, followed by CIB in second, while &lt;strong data-end="1802" data-start="1783"&gt;&lt;span style="font-weight:normal"&gt;The United Bank&lt;/span&gt;&lt;/strong&gt; remained in fifth place.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="2087" data-start="1829"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;The only change occurred in the third and fourth positions, where &lt;strong data-end="1927" data-start="1895"&gt;&lt;span style="font-weight:normal"&gt;Faisal Islamic Bank of Egypt&lt;/span&gt;&lt;/strong&gt; moved up to third place by March 2026, while &lt;strong data-end="1986" data-start="1973"&gt;&lt;span style="font-weight:normal"&gt;QNB Egypt&lt;/span&gt;&lt;/strong&gt; dropped to fourth, compared to end-2025 when QNB Egypt was third and Faisal Islamic Bank was fourth.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="2309" data-start="2089"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;Regarding Islamic banks, &lt;strong data-end="2146" data-start="2114"&gt;&lt;span style="font-weight:normal"&gt;Faisal Islamic Bank of Egypt&lt;/span&gt;&lt;/strong&gt; was the only Islamic bank among the top five in capital adequacy ratio as of March 2026, indicating the strength of its capital base compared to its listed peers.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p data-end="2484" data-start="2311"&gt;&lt;span&gt;&lt;span&gt;&lt;span&gt;It is worth noting that all values and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of March 2026.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/09/13024.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13025</guid><link>https://en.firstbankeg.com/13025</link><title>Currency rates at the close of Tuesday trading</title><description /><pubDate>Wed, 10 Jun 2026 01:11:47 +0200</pubDate><a10:updated>2026-06-09T15:44:00+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed decreases at the close of Tuesday 9 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded a decrease against the Egyptian pound today, reaching EGP 51.6511 for buying and EGP 51.7891 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at &amp;laquo;ADIB&amp;raquo; at EGP 51.72 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at &amp;laquo;Emirates NBD&amp;raquo; and Bank of Alexandria at EGP 51.67 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 59.7397 for buying and EGP 59.9096 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 59.62 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at &amp;laquo;NBK&amp;raquo; and HDB at EGP 59.73 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded a decrease against the Egyptian pound today, reaching EGP 69.1919 for buying and EGP 69.3819 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at &amp;laquo;MID Bank&amp;raquo; at EGP 69.02 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at &amp;laquo;NBK&amp;raquo; and HDB at EGP 69.14 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a decrease by the close of trading today, reaching EGP 13.7571 for buying and EGP 13.7961 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 13.77 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at Bank of Alexandria at EGP 13.76 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded a decrease by the close of trading in Egypt today, reaching EGP 168.0805 for buying and EGP 168.5844 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at &amp;laquo;HSBC&amp;raquo; at EGP 168.23 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at &amp;laquo;FAB&amp;raquo; at EGP 167.42 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded a decrease by the close of trading in Egypt today, reaching EGP 14.0632 for buying and EGP 14.1015 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at &amp;laquo;ADIB&amp;raquo; at EGP 14.08 at the close of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Bank of Alexandria at EGP 14.07 at the close of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/10/13025.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13023</guid><link>https://en.firstbankeg.com/13023</link><title>Egypt’s banking sector performance on EGX at Tuesday</title><description /><pubDate>Tue, 09 Jun 2026 15:23:48 +0200</pubDate><a10:updated>2026-06-09T15:23:48+02:00</a10:updated><a10:content type="html">&lt;p&gt;the banking sector in the Egyptian Stock Exchange closed in today&amp;rsquo;s trading session on Tuesday, June 9, 2026, recording an increase in its market capitalization by 0.92%, reaching EGP 874.58 billion at the end of today&amp;rsquo;s session, compared to 866.58 the previous trading session&amp;#39;s closing.
The sector&amp;rsquo;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 622.322 million, representing 7% of the total trading value on the exchange today. A total of 8.397 million shares were traded in the sector, accounting for 0.34% of the overall trading volume of the market.
The Egyptian Exchange closed at the end of today&amp;rsquo;s trading session with a collective increase in the main stock market indices, This came amid foreign investors&amp;rsquo; tendency toward buying, recording a net purchase value of approximately EGP 258.8 million.
The benchmark EGX30 index rose by 0.95% to close at 52.374 points, while the EGX70 index increased by 1.54% to 15.580 points, and the EGX100 index gained 0.31% to close at 21.458 points.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/09/13023.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13022</guid><link>https://en.firstbankeg.com/13022</link><title>Egyptian Pound Index Rises Against Major Currencies to 36.398 Points at the End of Tuesday, June 9 Trading</title><description /><pubDate>Tue, 09 Jun 2026 15:21:03 +0200</pubDate><a10:updated>2026-06-09T15:21:03+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The Egyptian Pound Index rose against major currencies at the end of trading on Tuesday, June 9, with the index value increasing to 36.398 points by the close of trading, compared to 36.134 points at the end of Monday&amp;rsquo;s session.&lt;/p&gt;&lt;p dir="ltr"&gt;The rise in the Egyptian Pound Index came as a result of its appreciation against the U.S. dollar, the euro, the British pound sterling, the Japanese yen, the UAE dirham, the Saudi riyal, and the Chinese yuan at the close of trading today.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the U.S. dollar declined from EGP 52.19 to EGP 51.77 by the end of today&amp;rsquo;s trading, while the average buying price fell from EGP 52.09 to EGP 51.67 by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the euro decreased from EGP 60.23 to EGP 59.90 by the end of today&amp;rsquo;s trading, while the average buying price declined from EGP 60.11 to EGP 59.77 by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Chinese yuan also fell from EGP 7.70 to EGP 7.65 by the end of today&amp;rsquo;s trading, while the average buying price declined from EGP 7.68 to EGP 7.63 by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Japanese yen decreased from EGP 32.63 to EGP 32.33 by the end of today&amp;rsquo;s trading, while the average buying price fell from EGP 32.56 to EGP 32.26 by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, the average selling price of the UAE dirham declined from EGP 14.21 to EGP 14.09 by the end of today&amp;rsquo;s trading, while the average buying price decreased from EGP 14.18 to EGP 14.07 by the close of trading.&lt;/p&gt;&lt;p dir="ltr"&gt;The average selling price of the Saudi riyal fell from EGP 13.90 to EGP 13.79 by the end of today&amp;rsquo;s trading, while the average buying price declined from EGP 13.87 to EGP 13.76 by the close of trading.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/09/13022.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13021</guid><link>https://en.firstbankeg.com/13021</link><title>Egyptian Exchange Closes Tuesday, June 9 Session with EGX30 Up 0.95%</title><description /><pubDate>Tue, 09 Jun 2026 15:04:15 +0200</pubDate><a10:updated>2026-06-09T15:04:15+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market closed trading on Tuesday, June 9, 2026, at EGP 3.762 trillion.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index rose by 0.95% to close at 52,374 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 221 stocks, of which 146 advanced, 59 declined, while 16 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume reached approximately 2.51 billion shares executed through 189.21 thousand transactions, with total trading value amounting to EGP 8.89 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/09/13021.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13019</guid><link>https://en.firstbankeg.com/13019</link><title>Egyptian Exchange Opens Tuesday, June 9 Session with EGX30 Up 1.11%</title><description /><pubDate>Tue, 09 Jun 2026 11:28:00 +0200</pubDate><a10:updated>2026-06-09T11:28:00+02:00</a10:updated><a10:content type="html">&lt;p dir="ltr"&gt;The market capitalization of listed shares on the Egyptian Exchange&amp;rsquo;s main market reached EGP 3.769 trillion at the start of trading on Tuesday, June 9.&lt;/p&gt;&lt;p dir="ltr"&gt;The benchmark EGX30 index opened the session at 51,882 points and rose by 1.11% in early trading to reach 52,458 points.&lt;/p&gt;&lt;p dir="ltr"&gt;Investors traded 216 stocks, of which 156 advanced, 23 declined, while 35 remained unchanged.&lt;/p&gt;&lt;p dir="ltr"&gt;Trading volume amounted to approximately 825 million shares executed through 64,000 transactions, with a total trading value of around EGP 2.89 billion.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/09/13019.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13018</guid><link>https://en.firstbankeg.com/13018</link><a10:author><a10:name>first bank</a10:name></a10:author><title>National Bank of Egypt, Banque Misr, and CIB Lead Household Deposits Market in Egypt</title><description /><pubDate>Tue, 09 Jun 2026 10:56:10 +0200</pubDate><a10:updated>2026-06-09T10:56:10+02:00</a10:updated><a10:content type="html">&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;National Bank of Egypt Maintains Market Leadership, Widening the Gap with Competitors&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Slight Decline in Retail Deposits&amp;rsquo; Share of Total Banking Sector Deposits to 56.3% at End-2025, Compared to 61.6% at End-2024&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Top 10 Banks Retain Their Rankings Amid Limited Changes Compared to 2024&lt;/span&gt;&lt;/h3&gt;&lt;h3 dir="ltr"&gt;&lt;span style="color:#cc9933;"&gt;Market Share of the Top Five Banks Declines to 73.85% of Total Retail Deposits at End-2025, Down from 77.29% in 2024, Creating More Room for Mid-Sized and Emerging Banks&lt;/span&gt;&lt;/h3&gt;&lt;p dir="ltr"&gt;The latest First Bank ranking of the largest banks by retail deposit market share at the end of 2025 revealed that the National Bank of Egypt (NBE) maintained its leading position, capturing a market share of 41.98%.&lt;/p&gt;&lt;p dir="ltr"&gt;Banque Misr ranked second with a market share of approximately 22.09% of total retail deposits in the Egyptian banking sector by the end of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;Meanwhile, Commercial International Bank &amp;ndash; Egypt (CIB) secured third place, holding a 6.77% market share of retail deposits across the banking sector.&lt;/p&gt;&lt;p dir="ltr"&gt;The First Bank ranking monitored the total retail deposit portfolios of 29 banks operating in the Egyptian banking sector for which financial statements were available as of the end of 2025.&lt;/p&gt;&lt;p dir="ltr"&gt;The ranking also showed relative stability among the top 10 banks in terms of retail deposits at the end of 2025 compared to the 2024 ranking, with Abu Dhabi Islamic Bank &amp;ndash; Egypt (ADIB-Egypt) moving up to ninth place from tenth.&lt;/p&gt;&lt;p dir="ltr"&gt;The five largest banks accounted for 73.85% of total retail deposits by the end of 2025, compared to 77.29% at the end of 2024.&lt;/p&gt;&lt;p dir="ltr"&gt;In addition, the retail deposit base across the banking sector expanded by more than EGP 570.92 billion during 2025, reaching EGP 8.88 trillion by year-end, compared to EGP 8.31 trillion at the end of 2024.&lt;/p&gt;&lt;p dir="ltr"&gt;As for Islamic banks (Abu Dhabi Islamic Bank &amp;ndash; Egypt, Faisal Islamic Bank of Egypt, Kuwait Finance House, and Al Baraka Bank Egypt), their combined market share recorded a slight increase, rising to 4.67% of total retail deposits in the banking sector at the end of 2025, compared to 4.43% in 2024, reflecting their continued expansion and stronger presence within the Egyptian banking market.&lt;/p&gt;&lt;p dir="ltr"&gt;On the other hand, the share of retail deposits in total banking sector deposits declined slightly to 56.3% at the end of 2025, compared to 61.6% at the end of 2024. This may indicate a relative shift in the deposit structure in favor of institutional deposits or changes in household saving behavior during the period under review, without diminishing the importance of retail deposits as a key component of liquidity within the banking sector.&lt;/p&gt;&lt;p dir="ltr"&gt;It is worth noting that all figures and market shares presented in this analysis are based on the standalone financial statements announced by each bank as of the end of 2025.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/09/13018.jpg"></enclosure></item><item><guid isPermaLink="true">https://en.firstbankeg.com/13020</guid><link>https://en.firstbankeg.com/13020</link><title>Currency rates at the start of Tuesday trading</title><description /><pubDate>Tue, 09 Jun 2026 12:09:05 +0200</pubDate><a10:updated>2026-06-09T10:00:00+02:00</a10:updated><a10:content type="html">&lt;p data-path-to-node="1"&gt;The foreign exchange rates witnessed changes at the start of Tuesday 9 June 2026 trading at Egyptian banks. First Bank monitors currency rates in Egyptian banks through the following report:&lt;/p&gt;&lt;h3 data-path-to-node="2"&gt;&lt;span style="color:#cc9933;"&gt;US Dollar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="2"&gt;The average price of the US dollar recorded an increase against the Egyptian pound today, reaching EGP 52.0900 for buying and EGP 52.2283 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="3"&gt;The highest buying price was recorded at ADIB at EGP 52.25 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="4"&gt;The lowest selling price was recorded at Emirates NBD and Bank of Alexandria at EGP 52.10 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="5"&gt;&lt;span style="color:#cc9933;"&gt;Euro&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="5"&gt;The euro recorded a decrease against the Egyptian pound today, reaching EGP 60.0337 for buying and EGP 60.2035 for selling, according to the latest data from the Central Bank.&lt;/p&gt;&lt;p data-path-to-node="6"&gt;The highest buying price was at ADIB at EGP 60.13 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="7"&gt;The lowest selling price was at Emirates NBD at EGP 60.14 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="8"&gt;&lt;span style="color:#cc9933;"&gt;British Pound&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="8"&gt;The British pound also recorded a decrease against the Egyptian pound today, reaching EGP 69.4933 for buying and EGP 69.6934 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="9"&gt;The highest buying price was at ADIB at EGP 69.59 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="10"&gt;The lowest selling price was at FAB and CIB at EGP 69.62 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="11"&gt;&lt;span style="color:#cc9933;"&gt;Saudi Riyal&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="11"&gt;The Saudi riyal recorded a slight increase by the start of trading today, reaching EGP 13.8696 for buying and EGP 13.9079 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="12"&gt;The highest buying price was at ADIB at EGP 13.91 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="13"&gt;The lowest selling price was at Bank of Alexandria at EGP 13.88 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="14"&gt;&lt;span style="color:#cc9933;"&gt;Kuwaiti Dinar&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="14"&gt;The Kuwaiti dinar recorded an increase by the start of trading in Egypt today, reaching EGP 169.5086 for buying and EGP 170.0140 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="15"&gt;The highest buying price was at saib at EGP 169.64 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="16"&gt;The lowest selling price was at FAB at EGP 168.72 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;h3 data-path-to-node="17"&gt;&lt;span style="color:#cc9933;"&gt;UAE Dirham&lt;/span&gt;&lt;/h3&gt;&lt;p data-path-to-node="17"&gt;The UAE dirham recorded an increase by the start of trading in Egypt today, reaching EGP 14.1799 for buying and EGP 14.2207 for selling, according to the latest data from the Central Bank of Egypt.&lt;/p&gt;&lt;p data-path-to-node="18"&gt;The highest buying price was at ADIB at EGP 14.22 at the start of Egyptian bank trading today.&lt;/p&gt;&lt;p data-path-to-node="19"&gt;The lowest selling price was recorded at Bank of Alexandria at EGP 14.19 at the start of Egyptian bank trading today.&lt;/p&gt;</a10:content><enclosure type="image/jpeg" url="https://en.firstbankeg.com/UserFiles/News/2026/06/09/13020.jpg"></enclosure></item></channel></rss>