24 Hrs
Source:
بوابة الفجر
Next Bank's assets hit 117B EGP
Next Bank achieved a remarkable financial performance during the second quarter of 2026, as its total assets increased to approximately 117 billion pounds, representing a growth of 16%. Customer loans and credit facilities grew by 20% to reach 61.5 billion pounds, with personal loans increasing by 29% to 23.2 billion pounds, and corporate loans rising by 15% to 38.3 billion pounds. Customer deposits also rose to 94 billion pounds, an 18% increase. Shareholders’ equity stood at 16.3 billion pounds, reflecting a 6% rise. These results demonstrate the bank’s continued execution of its expansion strategy and strengthening of its financial position, supported by the executive management and led by CEO Tamer Saif Eddin, as it prepares for further growth in the Egyptian banking market.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)