Suez Canal Bank named the “Best Bank for Overall Performance Excellence in Egypt for the Year 2026” by the World Union of Arab Bankers
Suez Canal Bank has been awarded the “Best Bank for Overall Performance Excellence in Egypt for the Year 2026” by the World Union of Arab Bankers, reflecting the Bank’s strong performance and the success of its strategy in reinforcing its position as an integrated banking partner that meets customers’ diverse needs throughout their personal and professional lives, supported by the Bank's continued business expansion and its ongoing efforts to develop innovative banking solutions that are closely connected with customers' evolving needs and aspirations.
The award was received by Mr. Shehab Zidan, Deputy CEO & Managing Director of Suez Canal Bank, during the Arab Banks Awards & Commendation of Excellence 2026 Ceremony, attended by leading Arab banking figures and representatives of regional and international institutions.
Commenting on the award, Mr. Shehab Zidan, Deputy CEO & Managing Director of Suez Canal Bank, stated that this recognition reflects the Bank’s strong financial and operational performance and its strategic vision of delivering a banking experience built around a comprehensive understanding of customers' needs and aspirations across both their personal and professional lives.
Zidan added that the bank brings this vision to life through a comprehensive range of products and services designed to meet customers' day-to-day and personal needs, helping them manage their savings and investments, access suitable financing solutions, and support their business growth and professional aspirations.
Suez Canal Bank continues to strengthen its role as an integrated banking and investment partner, by offering a broad portfolio of solutions and services tailored to companies of all sizes, including corporate finance, arranging, structuring, and underwriting syndicated financing, and debt instruments, and supporting SMEs through flexible financing solutions designed to meet their business requirements and growth ambitions. These solutions also extend to high-net-worth customers and business owners, enabling them to efficiently manage their wealth and businesses. These services are supported by the continued enhancement of digital services for both individuals and corporate customers, alongside the expansion of the bank’s branch network, making banking services more accessible and enabling customers to conduct their transactions conveniently anytime and anywhere.
Suez Canal Bank’s results for the first half of 2026 reflected its continued strong performance, with net profit increasing by 17.7% to EGP 3.6 billion, while total assets increased by 13.6% to EGP 307 billion as of the end of June 2026.
The Bank’s positive performance was also reflected in its share performance on the Egyptian Exchange, with the share price increasing by 70.3% during the first eight months of 2026, from EGP 24.44 to EGP 41.61 by the end of August, outperforming the EGX100 Index, which rose by 57.2% over the same period, reflecting investor confidence and the market’s positive perception of the bank’s trajectory.