Cairo, August 2026:
Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) announced outstanding financial results for the first half of 2026, with Net Profit recording EGP 3.1 billion for the period ending June 30, marking remarkable growth of 30% compared to EGP 2.4 billion for the same period last year. And Profit Before Tax increased by 40% compared to the same period last year to reach EGP 4.5 billion. Net Interest Income grew by 34% to reach EGP 5.1 billion, up from EGP 3.8 billion in the first half of 2025.

Building on the Bank's robust financial position, Total Assets grew in six months by 10% to reach EGP 196.7 billion, compared to EGP 178.1 billion in December 2025, Total Customers Deposits increased by 15% to EGP 161.6 billion compared to EGP 141 billion at the end of 2025. Meanwhile, the Bank’s Total Gross Loans Portfolio increased by 7% to reach EGP 93.5 billion, compared to EGP 87.6 billion in 2025.

Commenting on these strong results, Mr. Ali Marafi, Chairman of ABK-Egypt, said: “The outstanding performance of ABK-Egypt during the first half of the current year marks another milestone in the Bank’s ten-year journey and comes as part of our relentless pursuit of the Group’s vision of maximizing shareholders’ equity. During the coming period, we will continue to work on achieving sustainable growth in line with our ambitious strategy and vision to strengthen ABK-Egypt’s position among leading banks in the Egyptian market.”

Mr. Ali Marafi also added: “The Bank continued to reinforce its positive impact in the communities where we operate over the course of the year by launching impactful initiatives demonstrating our commitment to Corporate Social Responsibility. Our commitment to making positive change is one that we have proudly upheld since we started our operations in Egypt back in 2016 and is heavily supported by the Bank’s employees through their active participation in various volunteering programs that aim at achieving sustainable development through supporting and integrating vulnerable segments.

Reaffirming the Bank’s strong financial performance in the first half of 2026, Mr. Khaled El Salawy, CEO and Managing Director of ABK-Egypt, stated: "The Bank’s strong performance reinforced its solid financial position and its ability to navigate challenging market conditions. Our strategy has proven effective in mitigating risks and delivering strong growth rates across all key performance indicators amid the evolving local and global economic landscape."

Mr. Khaled El Salawy further affirmed that the Bank’s outlook remains positive, supported by Egypt’s ongoing economic reforms and the government’s continued efforts to enhance economic stability and attract investment opportunities. These efforts continue to support a favorable environment for the banking sector and reinforce banks’ vital role in supporting the national economy.

In the same context, Mr. Khaled El Salawy commended the Central Bank of Egypt’s (CBE) key role in driving Egypt’s digital transformation agenda and fostering financial innovation, with special focus driven towards financial inclusion objectives and broadening access to banking services among the unbanked segments. He also emphasized that ABK-Egypt remains committed to introducing innovative banking solutions and digital services in our attempt to deliver a seamless and efficient banking experience that meets the rising needs of both individual and corporate customers.

Mr. Khaled El Salawy, further stated that the Bank’s ambitious strategy is centered around achieving performance efficiency across all business lines, in addition to strengthening the Bank’s technology infrastructure, geographical presence, and service levels to ensure extending the best level of service to customers and expanding our market share.

Capitalizing on its stellar financial performance, ABK-Egypt recently received three prestigious awards from International Business Magazine for 2026. Mr. Khaled El Salawy, Chief Executive Officer and Managing Director of ABK-Egypt, was awarded "Best Visionary Banking Leader 2026" in recognition of his pivotal role in driving the Bank’s sustainable growth, fostering a culture of innovation and development, and enhancing institutional performance in line with global banking best practices. Additionally, the Bank was honored with the "Best Corporate Banking Services 2026" and "Best Retail Bank 2026" awards, reaffirming its excellence in delivering outstanding banking services to both corporate and retail customers. ABK-Egypt also received Deutsche Bank’s Client Excellence Award 2025 in recognition of the strong partnership between the two banks. This award reflects the Bank’s outstanding performance, operational excellence, and the successful collaboration in relationship management, cash management, trade finance, and institutional banking services, as well as the delivery of international client services in line with the highest global standards. The recognition further reinforces the mutual trust between the two banks and supports their continued commitment to achieving greater shared success while enhancing the quality of services provided to customers.