First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, announced its financial results for the first half of 2026, reporting EGP 7.9 billion in net profit. The results highlight the bank’s resilient financial position and continued focus on its core business, supported by a diversified offering and ongoing efforts to enhance customer-focused banking services. This performance underscores FABMISR’s commitment to delivering innovative banking solutions that support customer aspirations and contribute to sustainable growth.

According to the financial statements, net loans and advances to customers reached EGP 158.5 billion by the end of June 2026, including financing for Egyptian private sector activities, with a growth rate of 26% compared to the same period last year. The bank’s total assets reached EGP 420 billion by the end of June 2026, while customer deposits reached EGP 298.5 billion and total shareholders’ equity reached EGP 69.6 billion.

FABMISR recorded net interest income of EGP 14.2 billion during the first half of 2026, maintaining solid performance levels compared to the same period in 2025. Net fees and commission income increased to EGP 1.7 billion, reflecting a 25% increase compared to the same period last year and the bank’s continued success in enhancing its diversified revenue streams and expanding customer-focused banking services.

The bank’s retail portfolio continued to record positive momentum, with retail customer deposits reaching EGP 89.8 billion, marking a 20% increase, while retail loans reached EGP 29.4 billion, representing a 12% increase compared to December 2025.

The bank also maintained a strong capital position, with its Capital Adequacy Ratio (CAR) reaching 30.32% as of June 2026. In addition, FABMISR paid EGP 5.1 billion in taxes during the first six months of 2026, reaffirming its commitment to meeting its tax obligations and contributing to the national economy.

Commenting on the results, Mr. Ahmed Issa, Chief Executive Officer and Managing Director of FABMISR, said: “Our first-half 2026 results reflect the resilience of our business model and the strength of our customer-focused strategy. By continuing to invest in innovation, operational excellence, and digital transformation, we are well positioned to deliver sustainable value for our customers and stakeholders.”

He added: “We remain committed to supporting Egypt’s economic growth through responsible financing, broader financial inclusion, and solutions that help our customers meet their evolving needs.”

He added: “As we move forward, we will remain focused on expanding our capabilities, enhancing diversification, reducing concentration risks, accelerating digital adoption, and delivering solutions that respond to the evolving needs of our customers. At the same time, we will continue to play an active role in supporting Egypt’s economic development by financing strategic sectors and contributing to greater financial inclusion.”

With its strong financial foundation and growing capabilities, FABMISR remains focused on delivering value across its customer base and supporting the broader economy. The bank’s continued efforts to enhance its banking solutions, strengthen strategic partnerships, and deliver advanced digital payment solutions reflect its commitment to meeting customers’ evolving needs and creating long-term value.