30% growth in profits of Kuwait National Bank-Misr in the first half

- Ali Ma’arfi: We continue to build, relying on a confident future-oriented vision that keeps us among the leading banks in Egypt.

- Khaled Al-Slawi: Strong operational performance has solidified our financial position and enhanced our ability to successfully navigate economic changes.

Kuwait-Ahli Bank – Egypt achieved strong financial results during the first half of 2026, recording net profits of EGP 3.1 billion, representing a 30% growth compared to EGP 2.4 billion during the same period last year.

Pre-tax profits grew by 40%, reaching EGP 4.5 billion compared to EGP 3.2 billion, while net income from interest rose by 34% to EGP 5.1 billion, up from EGP 3.8 billion.

Total assets of the bank increased by 10% to EGP 196.7 billion, compared to EGP 178.1 billion, while total customer deposits grew by 15% to EGP 161.6 billion, up from EGP 141 billion. Meanwhile, the total loan portfolio rose by 7% to EGP 93.5 billion, compared to EGP 87.6 billion.

Commenting on the results, Ali Ma’arfi, Chairman of the Board of Kuwait-Ahli Bank – Egypt, affirmed that the strong performance in the first half of the year adds a new achievement to the bank’s record since Ahli’s acquisition in 2015, within the framework of the relentless pursuit of the group’s objectives and maximizing shareholders’ equity.

He added, “In the coming period, we will continue building and developing, relying on our confident future vision and sound institutional approach, to ensure the bank remains among the leading banks in the Egyptian banking sector.”

Ma’arfi clarified that Kuwait-Ahli Bank – Egypt continued to enhance its positive social impact by launching and implementing numerous corporate social responsibility initiatives, as part of its commitment since commencing operations in the Egyptian market to create a positive impact on society. He noted that these efforts received strong support from bank employees through their participation in volunteer programs, reaffirming the bank’s commitment to continuing to provide material and moral support to the most needy categories through these initiatives to achieve sustainable community development and reach a more cohesive society.

He stated, “The recorded indicators reflect the bank’s relentless efforts to achieve excellence in providing the best banking services and products, and our commitment to continuous development to serve customers. We are also constantly striving to consolidate our distinguished position in the Egyptian banking sector. We reaffirm our commitment to the principles of sustainability, governance, and social responsibility, driven by our belief that success is measured by the positive and sustainable impact we create in society.”

For his part, Khaled Al-Slawi, Managing Director and CEO of Kuwait-Ahli Bank – Egypt, stated that the bank’s strong operational performance enabled it to solidify its financial position, thereby enhancing its ability to face economic changes and efficiently handle various challenges. He emphasized that the strategy adopted by the bank has proven its capacity to mitigate risks and achieve notable growth rates across all performance indicators, amid the rapid developments witnessed by the local and global economies.

Al-Slawi affirmed that the bank’s future outlook remains optimistic, supported by ongoing economic reforms and the significant efforts made by the government to enhance economic stability and stimulate investment, contributing to creating an enabling environment for the growth of the banking sector and continuing its vital role in supporting the national economy.

He praised the pioneering role played by the Central Bank of Egypt in leading digital transformation efforts and enhancing financial innovation, which supports achieving financial inclusion goals and expanding the scope of banking services to include various segments of society.

He clarified that the bank continues to launch digital initiatives and solutions that keep pace with technological advancements and meet customer needs, thereby contributing to a more convenient and efficient banking experience. He noted that the bank’s ambitious strategy aims to develop business plans across all sectors, establish clear performance measurement standards, invest in infrastructure and technology, and expand geographically to ensure the delivery of the best banking services to customers.

Al-Slawi emphasized the bank’s steadfast commitment to providing exceptional banking solutions that address diverse customer needs. In conclusion, he highlighted that the bank is moving forward to strengthen its robust financial position and keep pace with the rapid changes characterizing the banking sector.

Recently, “Al Ahli Kuwaiti - Egypt” won four global awards, including three titles from International Business magazine for 2026. Al-Slawi received the award for “Best Forward-Thinking Banking Leader” in recognition of his role in steering the bank toward sustainable growth, fostering a culture of innovation and development, and enhancing institutional performance in line with global banking best practices. Additionally, the bank won two awards: “Best Bank in Corporate Banking” and “Best Bank in Retail Banking,” acknowledging its excellence in providing banking services to individuals and businesses.

It also won the “Excellence in Customer Service” award from Deutsche Bank, recognizing the strength of the partnership between the two banks in 2025. This honor reflects the bank’s outstanding performance and high-quality operational processes, which support joint cooperation in areas such as relationship management, cash management, trade finance, and corporate banking, as well as international customer services according to the highest global standards. This collaboration enhances mutual trust and supports achieving further shared successes aimed at improving the quality of services provided to customers.

This cooperation supports the bank’s journey toward digital transformation, enabling it to expand the reach of its services to meet the needs of various customer segments. It allows the bank to offer innovative solutions and a leading, exceptional banking experience, thereby supporting the vision of the Arab Republic of Egypt for transitioning toward a cashless society, while enabling customers to benefit simultaneously from the added digital capabilities provided by Mastercard solutions across various levels.