A recent monitor by the “daily business” portal on the H1 2026 financial results of Egyptian stock exchange-listed banks revealed continued expansion in deposit utilization to support credit activity, alongside notable growth across both loan portfolios and customer deposits.
Market Overview
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Aggregate Loan-to-Deposit Ratio: Data indicates that 12 listed banks channeled approximately 51.6% of their total customer deposits into loan issuance by the end of June 2026.
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Sector Expansion: The simultaneous rise in loan portfolios and strong deposit growth during the first six months of the year reflects the banking sector’s ongoing expansion and its robust capacity to attract deposits and convert them into credit facilities.
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Varying Strategies: Loan-to-deposit ratios varied among the surveyed banks, driven by the specific nature of their credit portfolios and individual financing strategies.
EGP 2.05 Trillion Loan Portfolio
The aggregate loan portfolio for the 12 listed banks surged by EGP 139.8 billion in H1 2026. The total reached EGP 2.05 trillion by the end of June, up from EGP 1.78 trillion at the end of December 2025, marking a 14.9% growth rate.
EGP 3.9 Trillion in Customer Deposits
Customer deposits at the listed banks expanded by EGP 524.4 billion over the first half of the year. Total deposits hit EGP 3.9 trillion by the end of June 2026, compared to EGP 3.45 trillion at the end of December 2025, reflecting a 15.2% increase.
Top Banks by Loan-to-Deposit (Utilization) Ratios
| Bank | H1 2026 Utilization Rate | Notes |
| ADIB Egypt | 59.5% | Highest rate among the monitored banks. |
| Suez Canal Bank | 58.9% | Second highest in the monitor. |
| QNB Egypt | 56.9% | |
| The United Bank | 54.2% | Up from 50.5% at the end of 2025. |
| CIB | 48.4% | |
| Housing & Development Bank | 40.3% |
