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Banking activities: The net profits of the top 10 Egyptian banks fall by 3.1%

17/06/2025
Categories: Rate

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According to the country's Central Bank, the net profit of the top ten banks represented 79.04% of that of all banks in the first quarter of 2025.

The Central Bank of Egypt said in a report published on Sunday, June 15, that the net profits of the 10 largest Egyptian banks fell by 3.1% during the first quarter of 2025 to 120.74 billion Egyptian pounds, compared to 124.55 billion during the same period in 2024.

The Central Bank of Egypt, reassured by inflation, cuts interest rates for the second time in a row

According to the report, the net profit of the top ten banks was approximately 79.04% of that of all banks in the country in the first quarter of 2025.

Banks operating in the Egyptian market recorded net profits of around 152.76 billion Egyptian pounds in the first quarter of 2025, according to a report published by the Central Bank of Egypt (CBE).

The report revealed that banks' net interest income reached 253.45 billion Egyptian pounds during the quarter, while the net operating income was 331.33 billion Egyptian pounds. The total expenditure in the sector was 178.58 billion Egyptian pounds

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