Friday, September 25, 2026, 2:09 PM
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Agricultural Bank of Egypt’s corporate loan portfolio jumps 50% to EGP 57 billion in six months

Friday 25 September 2026 08:13
Agricultural Bank of Egypt’s corporate loan portfolio jumps 50% to EGP 57 billion in six months

The Agricultural Bank of Egypt (ABE) has expanded its corporate financing portfolio by around 50% in just six months, reaching EGP 57 billion from EGP 38 billion, as the state-owned lender increases funding for businesses across agriculture, production and related supply chains.

Yehia El-Anany, Chief Executive Officer for Credit at the Agricultural Bank of Egypt, said the sharp increase reflects the bank’s growing focus on corporate financing alongside its traditional role in supporting farmers and agricultural activities.

The bank has provided around EGP 5 billion in financing to companies operating directly in the agricultural sector, including approximately EGP 3 billion for crop production activities and EGP 2 billion for livestock businesses.

Logistics and supply chains emerge as a financing priority

El-Anany said ABE is placing particular emphasis on logistics and supply chains, which play a critical role in connecting agricultural production with processing, distribution and exports.

The strategy broadens the bank’s role beyond financing agricultural production itself, targeting businesses operating across the wider agricultural value chain.

This includes opportunities to finance companies involved in logistics, storage and other activities required to move agricultural products from farms through processing and ultimately into domestic and export markets.

El-Anany said Egypt’s agricultural sector is witnessing strong growth in investment and exports, creating further opportunities to increase the added value generated across agricultural supply chains.

Total loan portfolio exceeds EGP 110 billion

The rapid expansion in corporate lending comes as ABE records broader growth across its credit portfolio.

Mohamed Aboul-Saud, CEO of the Agricultural Bank of Egypt, said earlier this week that the bank’s total financing portfolio grew by around 25% during the first six months of 2026, exceeding EGP 110 billion by the end of June, compared with around EGP 88 billion in December 2025.

Agriculture continues to account for the majority of the bank’s lending activity, representing around 70% of its total credit portfolio.

Financing provided specifically to small farmers has reached approximately EGP 36 billion, highlighting the bank’s continued exposure to its core agricultural customer base even as it expands corporate lending.

The figures mean corporate financing now represents a significant component of ABE’s overall credit activity, reflecting a strategy that increasingly connects financing for individual farmers with larger businesses operating across production, processing and agricultural supply chains.

From farm financing to a broader agricultural ecosystem

ABE has traditionally played a central role in financing Egypt’s agricultural and rural economy, with one of the country’s largest branch networks and a strong presence outside major urban centres.

Its expanding corporate portfolio signals a broader approach to agricultural finance, where funding is increasingly directed across the full value chain rather than being concentrated solely on agricultural production.

The bank is also increasing its focus on digital transformation to make banking and financing services more accessible to customers in rural areas.

The combination of a larger corporate portfolio, EGP 36 billion in financing for small farmers and increased funding for logistics and supply chains points to a wider shift in ABE’s business model — connecting farmers, companies and infrastructure across Egypt’s agricultural economy.