Egyptian Banks' Profits Jump 43% and Sector Assets Exceed $502 Billion
Assets of Egypt's banking sector reached approximately $502.5 billion in March 2026, and net profit jumped 43% in the first quarter, with a non-performing loan ratio of 1.9%.
Assets of the banking sector in Egypt reached approximately $502.5 billion in March 2026, according to the Financial Stability Report issued by the Central Bank of Egypt.
Loans granted to customers recorded around $213 billion, while the non-performing loan ratio stood at 1.9%, a low level that reflects the quality of the credit portfolio, according to the report.
The sector's net profit jumped 43% year-on-year in the first quarter of 2026, according to the report. This comes at a time when the banking asset portfolio is expanding and profitability indicators are improving.
The capital adequacy ratio reached 18.5%, while the return on average equity recorded 33.9%. These indicators point to high profitability and adequate capital in the sector, according to the Central Bank's report.
What do these terms mean?
Non-performing loans: Loans whose borrowers are late on payments or that stop generating interest, and their ratio is used as an indicator of credit portfolio risk.
Capital adequacy ratio: A ratio measuring the size of a bank's capital relative to its risk-weighted assets, determining its ability to absorb losses.
Return on average equity: A measure of a bank's profitability that compares its net profit to the average shareholders' equity during the period.
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