Suez Canal Bank listed in Forbes Middle East’s “Egypt’s 50 Most Valuable Companies 2026”

Forbes Middle East included Suez Canal Bank in the list of “Egypt’s 50 Most Valuable Companies 2026”, in a step that reflects the bank’s strong financial performance, ambitious strategy, and keenness to achieving balanced growth.

Forbes Middle East prepared the ranking based on its methodology, which relies on estimating market value as of January 31, 2026, and using foreign exchange rates on the same date. The bank’s market value was estimated at approximately USD 580 million.

In this context, Mr. Akef El Maghraby, CEO and Managing Director of the bank, said: “We are proud of Suez Canal Bank’s inclusion in Forbes Egypt’s 50 Most Valuable Companies 2026. This inclusion reflects the bank’s progress across various indicators, along with the expansion of its customer base and the diversification of its products and services to meet the needs of both individuals and corporates”.

He added that the bank continues to strengthen its position in the banking sector by focusing on digital transformation and developing its technological infrastructure, which contributes to improving operational efficiency and enhancing customer experience.

It is worth noting that Suez Canal Bank achieved strong growth across key indicators by the end of 2025. Net profits increased to EGP 6.4 billion at the end of 2025, compared to EGP 5.7 billion at the end of 2024, representing a growth rate of 13%, supported by a 56% increase in net interest income, reaching EGP 8.6 billion at the end of 2025 compared to EGP 5.5 billion at the end of 2024.

The bank’s total assets increased by 50% to reach EGP 270 billion at the end of 2025, compared to EGP 180 billion at the end of 2024, driven by a strong increase in deposits of 54%, reaching EGP 209 billion at the end of 2025 compared to EGP 135 billion at the end of the previous year.

The loan and facilities portfolio also grew by 63% to reach EGP 122 billion at the end of 2025, compared to EGP 75 billion at the end of 2024. Net corporate loans increased by 60% to reach EGP 112 billion at the end of 2025 compared to EGP 70 billion at the end of 2024, while retail banking loans grew by 114% to reach EGP 11.4 billion at the end of 2025 compared to EGP 5.3 billion in 2024.