Arab Finance: AlexBank announced its financial results for the first half (H1) of 2026, recording net profits after income tax of EGP 7.54 billion, according to an emailed press release.

The lender delivered a strong performance in H1 2026, supported by a notable growth in net interest income and fees and commissions, despite the ongoing economic challenges.

Net loans and facilities to customers and banks increased by 17.03% to EGP 94.45 billion at the end of June 2026, when compared to December 2025.

Total deposits reached EGP 212.93 billion, resulting in a net loan-to-customer deposit ratio of 41.68%. Assets rose by 12.71% to EGP 273.03 billion.

The bank achieved annualized return on average assets at 5.8% and annualized return on average equity at 43.9%. This set of results highlights ALEXBANK’s dedication to delivering solid results to its shareholders.

Total net interest, fees and commissions income climbed by 7.1% year-on-year (YoY) to EGP 13.2 billion, backed by net interest income at EGP 11.49 billion and net income from fees and commissions at EGP 1.72 billion.

Administrative expenses amounted to EGP 3.03 billion in H1 2026, reflecting an annual hike of 19.06%.

ALEXBANK remains one of the most solid banks in terms of capital adequacy ratio, reaching 30.18%, well above the regulatory minimum required by the Central Bank of Egypt (CBE).

It has contributed to supporting the Egyptian economy through the growth of its assets and liabilities, forming total taxes amounting to EGP 3.14 billion during the first quarter (Q1) of 2026.