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 A recent report issued by the Central Bank of Egypt (CBE) revealed that the net profits of banks operating in the Egyptian banking sector—excluding the CBE—soared to EGP 218.410 billion by the end of the first quarter of 2026. This reflects the continued strength of the banking sector's financial performance during the first three months of the year.

The data highlighted several key financial indicators by the end of March 2026:

Net Returns: Reached EGP 284.472 billion.

Net Operating Revenues: Recorded EGP 306.121 billion.

Total Expenses: Stood at EGP 87.711 billion during the same period.

The report also pointed out that the total assets of banks operating in the banking sector (excluding the CBE) climbed to EGP 26.887 trillion by the end of Q1 2026. Meanwhile, the total capital of these banks reached EGP 739.130 billion by the end of March.

Furthermore, the financial position statement issued by the CBE indicated that total customer deposits at banks rose to EGP 16.884 trillion by the end of the first quarter of 2026. This underscores the sustained growth in deposits and the enhancement of liquidity within the banking sector.

Ultimately, the indicators released by the CBE confirm the continued expansion of the Egyptian banking sector in Q1 2026. Supported by higher profits, as well as asset and deposit growth, this expansion significantly bolsters the banks' capacity to finance economic activities and meet the diverse needs of various sectors.