Cairo, August 2025:
Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) achieved outstanding financial results for the first half of the year 2025 with Net Profit recording EGP 2.6 billion by the end of June 2025, reflecting an increase of 35% compared to EGP 1.9 billion for the same period last year, after excluding foreign exchange revaluation impact.
Net Interest Income grew by 28% to reach EGP 3.8 billion compared to EGP 3 billion in the first half of 2024.
Meanwhile, Total Assets grew by 15% to reach EGP 163.4 billion compared to EGP 141.6 billion at the end of 2024.
Total Customer Deposits increased by 16% reaching EGP 139.1 billion compared to EGP 119.9 billion in December 2024 and Total Gross Loans Portfolio increased by 20% to reach EGP 83.4 billion compared to EGP 69.3 billion at the end of 2024.
Moreover, Non-Performing Loans (NPL) ratio recorded 1.59 % at the end of June 2025 compared to 1.74% at the end of 2024.
Commenting on these results, Mr. Ali Marafi, Chairman of ABK-Egypt, said: “The Bank’s strong performance, particularly the significant growth in total assets demonstrates the strength of our financial position and the solid operational model across key business lines.
These results underscore our ability to continue on our successful journey despite global and regional economic turbulence.”
He also expressed his gratitude for the efforts exerted by the Executive Management team and their unwavering commitment to realizing the Bank’s ambitious growth strategy, which emphasizes agility and innovation to ensure adapting to the evolving economic landscape.
Mr. Ali Marafi also added, our ambitious vision focuses on boosting our geographical presence across Egyptian Governorates as well as diversifying our range of products and services that meet the rising needs of various customers to best attract new segments and expand our customer base.
He further stated that this expansion agenda is a fundamental pillar for supporting national directions and the Central Bank of Egypt’s (CBE) efforts in promoting financial inclusion, which is considered a cornerstone in Egypt’s Vision 2030 and a catalyst for achieving sustainable development goals and fostering a competitive and diversified economy.
In the same context, Mr. Khaled El Salawy, CEO and Managing Director of ABK-Egypt stated: “The Bank managed to achieve EGP 3.4 billion Profit Before Tax, representing a growth rate of 32% compared to the same period last year, after excluding foreign exchange revaluation impact.
This affirms the Bank’s efficiency in adapting to changing market conditions, seizing business opportunities for growth as well as its ongoing commitment to delivering added value to both customers and shareholders.”
Mr. Khaled El-Salawy added, over a period of ten years marking our presence in the Egyptian market, we have managed to build a strong track record of achievements in terms of revenues and market position.
This success is primarily attributed to the collective efforts of the entire team and the support of the Executive Management team, who were keen on orchestrating efforts to maximize performance efficiency and deliver innovative products and outstanding services to a diverse customer base.
We will continue on our digital transformation path to enhance operational efficiency and ultimately improve customer experience.
This can be attained through leveraging on data utilization and advanced technologies to personalize banking services, while upholding the highest standards of transparency and security in all financial transactions.
Mr. Khaled El-Salawy affirmed that ABK-Egypt is embarking on a new chapter in its journey in the Egyptian market aiming at achieving more ambitious milestones for growth and development.
The Bank looks to the future with a clear strategy and strong vision, supported by a solid track record of success.
ABK-Egypt also confirms its innate understanding of the crucial impact of Corporate Social Responsibility (CSR) in the development of local communities, through launching an array of social initiatives across Egyptian Governorates that promote economic empowerment for underprivileged segments.
The Bank also takes pride in supporting the development of key sectors such as health and education as part of its active role in driving Egypt’s economic and social progress.
It is worth mentioning that the Bank has recently received two prestigious awards from International Business Magazine.
ABK-Egypt was named “Best Corporate Banking Services Bank – Egypt”, in recognition of its outstanding efforts in delivering innovative and integrated financial solutions to its corporate customers.
In addition, Mr. Khaled El-Salawy was honored as “Best CEO – Egypt 2025”, in recognition of his distinguished professional career and exceptional leadership capabilities that were reflected through a solid track record.
This recognition reinforces the pivotal role he has played since assuming the position of CEO and Managing Director of ABK-Egypt.
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Al Ahli Bank of Kuwait – Egypt Reports Strong Results for the first Quarter of 2025
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