Cairo – Mubasher: Emirates NBD Egypt, a subsidiary of UAE-based Emirates NBD, delivered strong financial performance in the first quarter (Q1) of 2026, generating 22% year-on-year (YoY) higher net profits at EGP 1.70 billion.
Net interest income jumped by 25% to EGP 3.70 billion by the end of March 2026, compared to EGP 2.90 billion in Q1-25, according to the financial results.
Meanwhile, the total revenues climbed by 23% YoY to EGP 4.40 billion as of 31 March 2026 from EGP 3.60 billion.
The results reflect the lender’s sustained momentum and the effectiveness of its strategy in driving balanced growth, strengthening operational efficiency, and reinforcing its market position.
Emirates NBD Egypt reported 14% higher total assets at EGP 237 billion by the end of March 2026, when compared to EGP 207 billion as of 31 December 2025.
Total customer loans and facilities reached EGP 110 billion by the end of March 2026, whereas the deposits amounted to EGP 185 billion.
In terms of profitability indicators, returns on average assets (ROAA) reached 3.10%, while return on average equity (ROAE) reached 30.30%.
The earnings per share (EPS) increased to EGP 34.81 in Q1-26 from EGP 28.63 in Q1-25.
CEO and Managing Director of Emirates NBD Egypt, Amr El-Shafie, commented: “The bank has strengthened its leadership across various business segments, clearly demonstrated by the surge in achieved profits, the well-planned expansion of both loan and deposit portfolios, alongside improving operational efficiency levels and reinforcing the strength of our financial position.”
He added: “We are committed to continuing our development journey by offering innovative banking services and investing in technological solutions and human capabilities, ensuring we maintain our competitive position in the Egyptian market and deliver the best value to both our customers and shareholders.”
The DFM-listed bank also entered the year with strong results, registering 3% YoY higher net profits after tax at AED 6.41 billion in Q1-26, compared to AED 6.21 billion.
