Egyptian local banks generated over 152 billion Egyptian Pounds (EGP) in net profits during the first quarter of 2025, according to the Central Bank of Egypt (CBE).
This performance, equivalent to approximately $3 billion, confirms the sector’s resilience despite a challenging economic environment.
A report published by the CBE indicates that banks operating in Egypt recorded net profits of EGP 152.76 billion in Q1 2025. These results underscore notable stability within the Egyptian banking system amidst persistent economic pressures.
The banking sector’s net interest income reached EGP 253.45 billion, with net operating income amounting to EGP 331.33 billion. Total expenses for the period were EGP 178.58 billion. The country’s top ten banks alone contributed significantly, accounting for nearly 79 percent of the sector’s total profits, with EGP 120.74 billion. Furthermore, the five largest banks alone generated EGP 103.4 billion, representing approximately 68 percent of the total profit.
The CBE also noted that as of the end of March 2025, these top ten banks had generated EGP 196.15 billion in net interest income and EGP 262.3 billion in net operating income, with associated expenses of EGP 141.56 billion.
SL/ac/Sf/fss/abj/APA