The latest standalone financial results of Al Baraka Bank – Egypt revealed an outstanding operational performance and strong growth in operating revenues during the first nine months of the current year. The bank’s profit before tax reached EGP 4.30 billion by the end of September 2026, driven by continuous growth in operating revenues and prudent expansion across various financing activities.
Al Baraka Bank – Egypt continued its strong financial performance during the first nine months of 2026, recording a net profit after tax of EGP 2.94 billion, while profit before tax reached EGP 4.30 billion. These results highlight the bank’s robust operational strength, enabling it to deliver sustainable growth, enhance profitability, and bolster its financial indicators during the period. Return on Assets (ROA) reached approximately 2.4%, while Return on Equity (ROE) stood at 23.9%, reinforcing the bank’s ability to generate strong and sustainable returns, backed by a solid financial position and an efficient business model.
On the balance sheet front, total assets grew by 8.8% to reach EGP 158.7 billion, while total equity reached EGP 17.3 billion at the end of September 2026, marking an increase of 10.6% that reflects the bank’s strong capital base and solid financial position. Customer deposits recorded significant growth, reaching EGP 133.3 billion by the end of September 2026, up by EGP 10.6 billion or 8.7% compared to year-end 2025. This growth was primarily driven by retail deposits, which rose by EGP 11.4 billion, a growth rate of 13.8%, to reach EGP 94.3 billion, accounting for 70.7% of total customer deposits. Meanwhile, corporate deposits stood at EGP 39.1 billion by the end of September 2026.
Furthermore, the bank continued to achieve strong growth in operating revenues during the period, reaching EGP 7.34 billion. This performance was supported by an increase in net income from funds, which stood at EGP 6.17 billion, recording a growth rate of 11.9% compared to the same period last year. Similarly, net fee and commission income, alongside other revenues, registered an increase of 16.6% to reach EGP 1.17 billion, accounting for approximately 16.0% of total operating revenues.
In parallel with the continuous growth in deposits, Al Baraka Bank – Egypt maintained its expansion in financing activities, with the total portfolio of customer financing and facilities rising to EGP 88.0 billion by the end of September 2026. This reflects an increase of EGP 12.1 billion compared to year-end 2025, representing a strong growth rate of 15.9%. Additionally, the financing-to-deposits ratio showed a notable improvement, reaching 66.1% at the end of September 2026, up from 61.9% at the end of December 2025.
At the corporate sector level, Al Baraka Bank – Egypt continued to strengthen its financing activities, with the corporate financing and credit facilities portfolio rising to EGP 66.9 billion by the end of September 2026. This reflects an increase of EGP 9.1 billion, or a growth rate of 15.7%, compared to year-end 2025. This growth was driven by the strong performance of the large corporate and syndicated financing portfolio, which expanded by 18.3%, an increase of EGP 9.7 billion, to reach EGP 62.6 billion. Furthermore, as part of the bank’s commitment to supporting diverse business segments and promoting financial inclusion, the small and medium-sized enterprises (SMEs) financing portfolio reached approximately EGP 4.3 billion by the end of September 2026.
At the retail banking level, financing and facilities extended to individuals grew by 16.7% to reach EGP 21.1 billion by the end of September 2026. This growth was driven by the strong performance of the personal financing portfolio, which rose by 16.8% to reach EGP 20.5 billion. Additionally, the credit card portfolio continued its robust growth trajectory, increasing by 26.9% to reach EGP 595 million by the end of September 2026.
Hazem Hegazy, CEO and Vice Chairman of Al Baraka Bank – Egypt, stated: “The third-quarter indicators demonstrate the Bank’s success in achieving balanced growth, as the Bank remains primarily focused on enhancing operational efficiency, providing innovative Islamic financing solutions tailored to various economic sectors, and developing its digital services by leveraging the latest technological systems.”
He added: “Looking ahead, we aim to build on the results achieved by strengthening our role in financing various economic sectors, alongside accelerating the pace of digital transformation to support sustainable growth. We will also continue expanding our large corporate and SME financing portfolios, while diversifying our retail banking products to grow our customer base and support financial inclusion.”
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