Cairo, May 2026:

Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) announced outstanding financial results for the first quarter of 2026 with Net Profit recording EGP 2.5 billion, marking remarkable growth of 100% compared to EGP 1.25 billion for the same period last year. Net Interest Income grew by 38% to reach EGP 2.5 billion, up from EGP 1.82 billion in March 2025 and Profit Before Tax surged by 94% to reach EGP 3.15 billion in March 2026 compared to EGP 1.62 billion in the first quarter of 2025.

Despite escalating regional tensions, the Bank managed to achieve significant growth across all key performance indicators in the first quarter of the year, cementing its financial position and balance sheet strength. Total Assets grew by 5% to reach EGP 187.8 billion, compared to EGP 178.1 billion in 2025, Total Customers Deposits increased by 6% to EGP 149.4 billion compared to EGP 141 in 2025, and the Bank’s Total Gross Loans Portfolio expanded by 6% to reach EGP 92.5 billion compared to EGP 87.6 billion at the end of 2025.

Commenting on these results, Mr. Ali Marafi, Chairman of ABK-Egypt, stated: “The remarkable results achieved during the first quarter of 2026 are testament for ABK-Egypt’s efficient business model and agile growth strategy. Despite the prevailing geopolitical and economic conditions, the Bank managed to strengthen its balance sheet, realize significant growth in revenues, and maintain operational efficiency.”

Mr. Ali Marafi also commented on ABK-Egypt’s continuous pursuit of excellence as one of the fastest growing banks in the Egyptian market, propelled by its ambition for innovation, expansion, digital transformation, and steady growth. ABK-Egypt’s 2026 vision represents a natural progression of its ambitious strategy that focuses on maintaining a resilient and sustainable financial institution powered by financial technology, experienced calibers, and superior customer experience. He also added that the Bank is very appreciative of the efforts orchestrated by the Egyptian Government and pivotal role played by the Central Bank of Egypt (CBE) in driving economic growth, which are expected to yield even greater results in the near future.

In the same context, Mr. Khaled El Salawy, CEO & Managing Director of ABK-Egypt commended the Bank’s performance, stating: “These results reaffirm that we are moving forward with the right momentum and confidence towards achieving strong and balanced growth across all business segments. This growth is also reflected across all financial indicators, with Net Profit and Profit Before Tax recording EGP 1.52 billion and EGP 2.18 billion after excluding the impact of foreign exchange revaluation.”

Mr. Khaled El Salawy further elaborated that the Bank’s achievements are the direct outcome of the unwavering efforts of its team coupled with the growing confidence of its customers, which serve as the best catalyst for achieving growth and operational excellence. He also emphasized the significant progress in digital transformation over the past period, referring to the recent upgrade of its digital platforms and the ongoing efforts towards reengineering internal processes and automating workflows to ensure speed and efficiency, all within ABK-Egypt’s broader vision to build a highly agile ecosystem that best serves our growing customer base.

Mr. Khaled El Salawy confirmed that despite global economic challenges and heightened geopolitical uncertainty, the coming period will witness further growth across all business segments driven by the ongoing efforts of the Egyptian government and the Central Bank of Egypt to support and guide the banking sector, as well as the constant efforts exerted by the Bank’s Executive Management team to identify and capitalize on strategic investment opportunities that accelerate growth and capture market share. He added that over the past decade, ABK-Egypt has successfully deployed an integrated strategy to diversify its business portfolio, reflecting its firm belief in aligning corporate synergy with national development plans and Egypt’s Vision 2030 to boost the national economy.

Meanwhile, ABK-Egypt will continue to build on its position as a responsible institution within the Egyptian banking sector in 2026 through launching targeted community initiatives in full alignment with CBE directions and its well-articulated CSR strategy that aims at supporting underprivileged communities with special focus drawn to healthcare, education, and sustainable economic empowerment across various segments.

In an increasingly dynamic banking landscape, ABK-Egypt reaffirms its commitment to facing these developments through a proactive approach that ensures its readiness for future market priorities. That said, the Bank will continue to develop its institutional capabilities and optimize its operational efficiency, while seizing new opportunities that reinforce its long-term growth trajectory.