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Suez Canal Bank Continues to Deliver Record Results and Announces Its 2025 Financial Performance

Suez Canal Bank Continues to Deliver Record Results and Announces Its 2025 Financial Performance with Profits Reaching EGP 6.4 bn and 50% Growth in Total Assets

Mr. Akef El Maghraby, Chief Executive Officer and Managing Director of Suez Canal Bank, announced the Bank’s financial results for the fiscal year 2025, which reflected strong financial performance and remarkable growth across key indicators. Net profits increased to EGP 6.4 billion by the end of 2025, compared to EGP 5.7 billion at the end of 2024, achieving a growth rate of 13%. This performance was supported by a 56% increase in net interest income, which reached EGP 8.6 billion by the end of 2025, compared to EGP 5.5 billion at the end of 2024.

El Maghraby further explained that total assets increased by 50% to reach EGP 270 billion by the end of 2025, compared to EGP 180 billion at the end of 2024, driven by a strong 54% growth in customer deposits, which reached EGP 209 billion by the end of 2025 compared to EGP 135 billion at the end of the previous year.

He also affirmed the Bank’s success in expanding its loans and credit facilities portfolio by 63%, reaching EGP 122 billion by the end of 2025 compared to EGP 75 billion at the end of 2024. Net corporate loans grew by 60% to reach EGP 112 billion by the end of 2025 compared to EGP 70 billion at the end of 2024. The growth in the loan portfolio was driven by diversified financing across various sectors, including agriculture, contracting, financial services, real estate, and tourism, which contributed to risk distribution and diversification of the Bank’s client base.

He added that the retail banking portfolio surged by 114% to reach EGP 11.4 billion by the end of 2025 compared to EGP 5.3 billion in 2024, reflecting the Bank’s expansion in individual-focused services and the increase of its market share in retail banking.

The year 2025 also witnessed a series of strategic achievements, most notably the rebranding of the Bank, reflecting the expansion and development phase targeted over the coming years and symbolizing flexibility and innovation in delivering banking services. The Bank continued to strengthen its presence in key economic sectors and expand financing for large institutions and major projects, while supporting the initiatives of the Central Bank of Egypt and Egypt Vision 2030. The Bank also focused on accelerating digital transformation and providing innovative banking solutions that efficiently meet the needs of various customer segments.