Faisal Islamic Bank of Egypt Reports 18.1% Surge in Business Volume, Reaching EGP 292.6 Billion in Q1 2026
Faisal Islamic Bank of Egypt has announced a robust financial performance for the first quarter of 2026, showcasing significant growth across its core banking operations. The bank’s business volume surged by 18.1% year-on-year, reaching EGP 292.6 billion by the end of March 2026, up from EGP 247.6 billion in the same period last year. Total assets also witnessed a steady rise of 15.9%, totaling approximately EGP 284.2 billion, reflecting the bank’s resilient financial position and successful expansion strategy.
Key growth drivers included a 16.6% increase in total investment and employment balances, which reached EGP 263.3 billion, signaling a stronger commitment to financing diverse economic activities. Furthermore, customer deposits—including current and savings accounts—jumped by 18.5% to EGP 216.2 billion, underscoring growing market confidence. Shareholders' equity also grew by 15.9%, reaching EGP 43.9 billion, further stabilizing the bank's capital base during a period of dynamic market evolution.