Profit before tax increased by 20.9% year-on-year to EGP 19.2 billion, compared with EGP 15.9 billion in the first nine months of 2025, highlighting the Bank’s continued improvement in operating performance.
Operating Income Rises 16.2% Driven by Core Banking Revenues
Banque du Caire’s consolidated total operating income increased by 16.2% to EGP 34.6 billion during the first nine months of 2026, compared with EGP 29.74 billion in the corresponding period of the previous year.
This growth was primarily driven by a 14.8% increase in net interest income and a 13.0% rise in net fee and commission income. Core revenues, comprising net interest income and net fee and commission income, grew by 14.5% to EGP 33.7 billion.
Meanwhile, administrative expenses increased by 18.0% to EGP 12.4 billion, reflecting the Bank’s continued investments in modernising its core banking systems and accelerating digital transformation initiatives. The consolidated cost-to-income ratio stood at 36.0%.
Total Assets Reach EGP 600.9 Billion as Customer Deposits Grow 17%
Banque du Caire’s consolidated total assets increased by 11.2% to EGP 600.9 billion as of 30 September 2026, compared with EGP 540.4 billion at the end of December 2025. Assets also recorded quarterly growth of 7.1% compared with June 2026.
Customer deposits rose by 17.0%, equivalent to approximately EGP 69 billion, reaching EGP 473.5 billion, with quarterly growth of 6.7%.
Retail banking deposits accounted for 74% of the Bank’s total deposit base, while the share of current and savings accounts (CASA) increased by 130 basis points to 52.7%, reflecting an improvement in the Bank’s funding mix.
Meanwhile, gross loans to customers and banks increased by 11.3% to EGP 287.4 billion, supported by 12.0% growth in corporate lending and 10.2% growth in retail banking loans. The gross loan-to-deposit ratio stood at 60.7%.
Total equity, including non-controlling interests, increased by 12.3% to EGP 70.3 billion.
Strong Asset Quality and Lower Credit Risk
Banque du Caire maintained sound asset quality throughout the first nine months of 2026, with the non-performing loan (NPL) ratio standing at 3.70% as of 30 September 2026, while the NPL coverage ratio reached 173.1%.
The adjusted NPL ratio, excluding loans granted before 2020, stood at 2.49% on a standalone basis.
Expected credit loss charges declined significantly by 44.0% to EGP 2.1 billion, compared with EGP 3.8 billion in the same period of 2025. Consequently, the cost of risk improved to 1.03%, down from 2.09% in the corresponding period of the previous year.
The Bank also maintained a strong capital position, with a capital adequacy ratio of 22.15% and a Tier 1 capital ratio of 18.73%.
Liquidity indicators remained robust, with the liquidity coverage ratio reaching 759.0% and the net stable funding ratio standing at 177.3%, according to the standalone financial statements.
In terms of profitability, annualised return on average equity reached 26.3%, return on average assets stood at 3.1%, and net interest margin recorded 7.2%.
Banque du Caire Records EGP 11.8 Billion in Operating Income in Q3 2026
During the third quarter of 2026, Banque du Caire recorded a 2.2% quarter-on-quarter increase in consolidated operating income, reaching EGP 11.8 billion.
Core revenues also increased by 1.7% to EGP 11.5 billion during the quarter, reflecting continued growth in the Bank’s core banking activities.
However, consolidated net profit declined by 13.1% to EGP 4.2 billion, compared with EGP 4.8 billion in the second quarter of 2026.
This decline was mainly attributable to higher expected credit loss charges, which reached EGP 1.1 billion compared with EGP 489 million in the previous quarter, in addition to other expenses of EGP 231 million, versus other income of EGP 115 million in Q2 2026.
Banque du Caire Continues to Strengthen Its Financial Position
The Bank’s nine-month financial results reflect continued progress in strengthening its core banking operations, expanding its customer deposit base, improving its funding structure and maintaining sound asset quality.
Banque du Caire’s ongoing investments in banking technology, core systems modernisation and digital transformation further support its strategy to enhance operational efficiency, strengthen its competitive position and sustain long-term business growth.
