The Central Bank of Egypt (CBE) has reported that banks operating in the Egyptian market achieved net profits of EGP 373.133bn in the first half (H1) of 2026. This performance is highlighted in a recent CBE report, which also detailed other key financial indicators for the banking sector. The report noted that banks recorded net interest income of EGP 567.872bn and net operating income of around EGP 795.005bn, with total expenses standing at approximately EGP 421.872bn.
The CBE report further revealed that the 10 largest banks in Egypt accounted for 81.453% of the sector’s total profits, with their net profits amounting to approximately EGP 303.930bn. Additionally, the five largest banks contributed 70.14% to the total profits, with their net profits reaching EGP 261.718bn. This concentration of profits among the largest banks underscores their significant role in the Egyptian banking sector.
The financial performance of the 10 largest banks in Egypt during H1 2026 was marked by net interest income of around EGP 435.114bn and net operating income of EGP 635.675bn. Their total expenses were reported at EGP 331.745bn. Similarly, the five largest banks recorded net interest income of approximately EGP 364.798bn and net operating income of around EGP 552.928bn, with total expenses amounting to EGP 291.210bn.
Key financial ratios for banks operating in Egypt also showed positive trends. The return on average equity (ROAE) stood at 33.9% in June 2026, unchanged from March 2026. The return on average assets (ROAA) was reported at 2.6%, and the net interest margin reached 5.2%. These ratios indicate a stable and profitable banking sector in Egypt.
The CBE report also provided financial ratios for the 10 largest banks and the five largest banks. For the 10 largest banks, the ROAE was 35%, the ROAA was 2.6%, and the net interest margin was 5.1%. The five largest banks recorded a ROAE of 35%, a ROAA of 2.5%, and a net interest margin of 4.8%. These figures suggest that the largest banks in Egypt maintained strong profitability and efficiency during H1 2026.
The Egyptian banking sector’s strong performance in H1 2026 reflects the overall stability and growth of the country’s economy. The sector’s ability to generate significant profits highlights its resilience and capacity to support economic activities. The CBE’s report is a testament to the sector’s positive trajectory and its role in fostering economic development.
Moving forward, the Egyptian banking sector is expected to continue its growth trajectory, driven by strategic initiatives and a favorable economic environment. The sector’s performance will likely be influenced by various factors, including economic policies, regulatory frameworks, and market dynamics. As the sector continues to evolve, it is expected to play a crucial role in supporting Egypt’s economic growth and development.
Key points
- Egyptian banks achieved net profits of EGP 373.133bn in H1 2026.
- The 10 largest banks accounted for 81.453% of the sector’s total profits.
- The return on average equity (ROAE) for banks in Egypt stood at 33.9% in June 2026.
