Strong Financial Results Highlight Bank’s Stability and Economic Resilience
First Abu Dhabi Bank Misr (FABMISR), one of the largest foreign banks operating in Egypt, announced its financial results for the first quarter ended March 31, 2025.
The bank reported a solid performance, demonstrating strong financial stability and adaptability to changing economic conditions, with a 31% year-on-year growth in core operating performance after neutralizing the impact of foreign exchange rates. This growth reinforces FABMISR’s position as a trusted banking partner offering innovative solutions and supporting sustainable financial growth.
According to the financial statements, net loans and advances stood at EGP 153.4 billion by the end of March 2025, reflecting an 8% increase compared to December 2024. Customer deposits rose to EGP 288.9 billion, representing a 12% annual growth. Total assets increased by 12% to EGP 461.9 billion, while total shareholders’ equity reached EGP 63.4 billion, marking a 5% rise over the previous year.
Profitability Driven by Operational Efficiency and Strategic Vision
On the profitability front, FABMISR recorded a net profit of EGP 3.9 billion by March 2025, compared to EGP 9.9 billion in March 2024. Despite currency fluctuations, the core operational performance saw a real growth of 31%, affirming the bank’s sound financial foundations and its commitment to long-term strategic execution.
Commenting on the results, Mohamed Abbas Fayed, CEO and Managing Director of FABMISR, stated: “Our Q1 2025 results reflect the strength of our business model and the successful execution of our innovation-driven strategy. We continue to deliver strong performance, driven by operational excellence and agility in responding to economic dynamics.
The real growth of 31% in core operating results—after neutralizing the FX impact—demonstrates our ability to consistently deliver integrated banking services that empower individuals and businesses alike in achieving their financial aspirations.”
Strategic Role in Supporting Egypt’s Economy and Financial Inclusion
FABMISR remains committed to contributing to Egypt’s economic development through financing strategic projects and expanding financial inclusion. The bank continues to align with market trends by offering advanced digital banking solutions and building long-term partnerships that foster inclusive growth and national development.
As a subsidiary of First Abu Dhabi Bank Group (FAB), FABMISR operates a nationwide network of 72 branches, providing a wide range of banking services to corporates, SMEs, and retail customers. The bank strives to deliver maximum value to its shareholders and employees while offering a personalized banking experience that reflects global expertise and supports local economic advancement.
FAB is one of the world’s largest and most secure financial institutions, operating across five continents. It holds strong credit ratings—Aa3 from Moody’s, and AA- from both Standard & Poor’s and Fitch—making it the highest-rated banking group in the MENA region. FAB is also recognized for its commitment to sustainability, being listed in the MSCI ESG Leaders Index and FTSE4Good Emerging Markets Index
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