Emirates NBD Egypt achieves EGP 3 billion in profits in the first half of 2025

Emirates NBD Egypt achieves EGP 3 billion in profits in the first half of 2025

 

Emirates NBD Egypt achieves EGP 3 billion in profits in the first half of 2025

Emirates NBD Egypt announced strong financial results for the first half of 2025, with net profits reaching EGP 3 billion compared to EGP 2.5 billion during the same period in 2024, a 20% year-on-year growth.

The bank's profits before income tax increased by 16% to EGP 4.39 billion, compared to EGP 3.77 billion in the first half of 2024. Net interest income increased to EGP 6 billion compared to EGP 5 billion during the same period last year, a growth rate of 17%.

Net income from fees and commissions also grew to EGP 918 million, compared to EGP 809 million in the first half of 2024, a growth rate of 14%. Regarding shareholders' equity, it increased by 15% to EGP 20 billion by the end of June 2025, compared to EGP 17 billion by the end of December 2024.

The bank recorded significant growth in its total assets, reaching EGP 192 billion by the end of the first half of 2025, compared to EGP 159 billion by the end of December 2024, a growth rate of 21%. This reflects the strength of the financial position and the continued expansion of operational activity.

Loans and Deposits

On the credit side, the total loan portfolio increased to EGP 97 billion, compared to EGP 84 billion by the end of 2024, a growth rate of 15%. This is divided into EGP 76 billion for corporate and institutional loans and EGP 21 billion for personal loans. Total customer deposits also increased to EGP 148 billion, compared to EGP 128 billion by the end of 2024, a growth rate of 15%.

Deposits were distributed between EGP 85 billion for institutions and EGP 63 billion for individuals, reflecting growing public confidence and expanding banking activities. It's worth noting that Emirates NBD Egypt operates a network of 62 branches across various governorates, along with more than 345 ATMs, enabling communication with its customers across the country.