The Agricultural Bank of Egypt (ABE) has recorded significant growth in its business results during the first half of this year. According to CEO Mohamed Abu El-Saud, the bank's total financing increased by around 25% in June 2026. The loan portfolio exceeded EGP 110bn, compared with around EGP 88bn in December 2025. This growth reflects the bank's strong performance and its crucial role in supporting Egypt's agricultural and rural development.
As a key partner in Egypt's agricultural and rural development, ABE prioritizes supporting farmers. The bank provides financing solutions and banking services for various agricultural and productive activities. The agricultural sector accounts for around 70% of the bank's credit portfolio. Notably, EGP 36bn was directed to small farmers. This focus on agriculture underscores the bank's commitment to promoting economic development and food security in Egypt.
ABE continues to develop its banking products and services, prioritizing digital transformation. This strategic move aims to make it easier for customers, particularly those in rural areas, to access banking and financing services. During the Sahara International Agricultural Exhibition, the bank showcased an integrated range of financing solutions and banking services designed to serve the agricultural sector. These services include financing programmes for crops, plant production, and contract farming.
The bank's participation in the Sahara exhibition reflects its long-standing commitment to the agricultural sector. According to Abu El-Saud, ABE has participated in the exhibition for around 20 years and has been a sponsor for the past six years. The bank values the exhibition as a key platform for direct engagement with industry professionals and for gaining a deeper understanding of their needs.
As one of the oldest specialized banks in Egypt and the Middle East, ABE plays a pivotal role in supporting and financing the agricultural and rural sectors. Established in 1930, the bank currently operates as a wholly state-owned joint-stock company. Its extensive network of more than 1,100 branches and advanced storage infrastructure covering the country enables it to provide integrated financing solutions for various agricultural and development activities.
ABE's commitment to supporting Egypt's agricultural sector is further demonstrated through its financing solutions and production inputs. The bank's services are designed to facilitate access to banking services for customers, particularly in rural areas. By leveraging digital transformation, ABE aims to enhance its service delivery and expand its outreach to a broader customer base.
Looking ahead, ABE is poised to continue its growth trajectory, driven by its strategic priorities and commitment to supporting Egypt's agricultural sector. With a strong focus on digital transformation and customer-centric services, the bank is well-positioned to address the evolving needs of its customers and contribute to Egypt's economic development and food security.
Key points
- The Agricultural Bank of Egypt's loan portfolio exceeds EGP 110bn, with a 25% growth in financing over six months.
- The bank directs EGP 36bn to small farmers, with the agricultural sector accounting for around 70% of its credit portfolio.
- ABE prioritizes digital transformation to enhance access to banking and financing services, particularly in rural areas.
