United Bank announces its financial results for the first nine months of 2025
01/12/2025
The United Bank announces its financial results for the first nine months of 2025
Cairo: December 1, 2025
The United Bank announced its financial results for the first nine months of 2025, which reflected the solidity of the institution's financial position and its ability to align its financial goals with the principles of responsible growth and digital transformation in the banking sector.
The results of the first nine months showed a marked improvement in efficiency indicators, which boosts confidence and confirms The United Bank's ability to continue supporting its customers.
The United Bank recorded a Net Profit Before Tax of 2,670 million Egyptian Pounds (EGP) during the first nine months of 2025, compared to EGP 2,540 million during the same period in 2024, an increase of 5%. The bank also maintained a good level of Net Interest Margin (NIM), reaching 6.6%, driven by an increase in business volume, expansion of the customer base, and enhanced operational efficiency and digital transformation.
Tarek Fayed – Chief Executive Officer and Managing Director, The United Bank stated that the growth indicators achieved by the bank during the first nine months of 2025 confirm the growth of institutional performance. This was reflected in the financial statements and indicators of The United Bank:
• Net Interest Income rose to EGP 3,782 million compared to EGP 3,384 million during the same period in 2024, a growth rate of 12%.
• Net Income from Fees and Commissions increased to EGP 516 million compared to EGP 454 million during the same period in 2024, a growth rate of 13%.
• Operating Revenues reached EGP 4,644 billion compared to EGP 4,021 billion during the same period in 2024, a growth rate of 16%.
These results are based on The United Bank's plans and expansions through financing various industrial, productive, and service sectors, as well as introducing banking solutions, products, and digital services for individuals in the coming period.
The positive financial indicators for The United Bank include maintaining a strong capital base and financial position. The Capital Adequacy Ratio reached 23.6%, which exceeds the limits set by the Central Bank of Egypt and the Basel Committee requirements, reflecting the strength of the capital base. The Non-Performing Loan (NPL) ratio was 1.2%, while the Coverage Ratio reached 254.5%, reflecting the quality of the bank's assets and the adequacy of provisions.
Total Assets also increased to EGP 93.4 billion during the first nine months of 2025, compared to EGP 82.7 billion at the end of 2024, an increase of EGP 10.7 billion or 13%. This is attributed to an increase in deposits to EGP 72.4 billion, a 16% increase during the first nine months of 2025.
This period included the introduction of a number of banking products and solutions for individuals and companies, both conventional and Sharia-compliant, such as real estate financing services, especially for limited and middle-income housing. In addition, work was done to restructure and simplify work procedures in The United Bank's 68 branches spread across most parts of the Republic to quickly meet customer needs and improve the overall service level.
On another front, Total Deposits rose to EGP 72.4 billion during the first nine months of 2025, compared to EGP 62.6 billion at the end of December 2024, an increase of EGP 9.8 billion or 16%.
• Individual deposits accounted for 61% of total customer deposits, reaching EGP 44.2 billion.
• Institutional deposits accounted for 39% of total deposits, reaching EGP 28.2 billion during the same period.
Total Customer Financing increased by EGP 6.2 billion to reach EGP 37.4 billion during the first nine months of 2025, compared to EGP 31.2 billion at the end of 2024, a growth rate of 20%. This reflects The United Bank's commitment to enhancing and developing its credit portfolio and its suitability across various business sectors, including financing large companies, syndicated loans, financing Small and Medium Enterprises (SMEs) and Micro-enterprises, in addition to the retail banking portfolio. The ratio of total loans to deposits was approximately 52% during the first nine months of 2025.
Fayed explained in the statement that the overall performance of The United Bank during the first nine months of 2025 reflects the institution's success in aligning its financial goals with the principles of responsible growth and digital transformation, as well as its ability to confront economic and geopolitical challenges.
He pointed out that The United Bank will continue its pivotal role in supporting the national economy and attracting investments, as well as strengthening the confidence of shareholders and customers in the strength and resilience of the Egyptian financial market. This includes its commitment to providing financial and investment solutions that support its customers' aspirations and consolidate its position as a financial institution capable of turning challenges into opportunities for sustainable growth. He clarified that the focus during the coming period will be on:
• Enhancing financial inclusion mechanisms and expanding digital services for the retail and corporate sectors.
• Continuing to invest in developing human competencies and FinTech to achieve an integrated and sustainable banking experience for its customers.
• Deepening the mechanisms of the green economy and the applications of environmental, social, and economic sustainability to preserve the rights of future generations.
• Deepening community participation, which strengthens the institution's position in the market.
It is worth noting that The United Bank has won 8 awards and honors during the nine months of 2025:
• It was selected among the Top 100 Banks in Africa for 2025 by "The Banker" magazine.
• The General Authority for Investment and Free Zones (GAFI) granted The United Bank the Excellence Award for Companies in the Field of Social Responsibility.
• Forbes Global listed The United Bank among its list of the Top 50 Public Companies in Egypt.
• It was honored by the Union of Arab Banks for its efforts and contributions to the financial and banking sector.
• It won the "Best Bank for Investment Solutions 2025" award from Global Business and Finance.
• The LSEG institution for anti-money laundering and counter-terrorist financing applications awarded The United Bank the Shield of Excellence.
• It was honored by the Summit of the Elite as the Best Financial Institution in the Egyptian Market for 2024.
• The Ministry of Communications and Information Technology granted the Nile Pioneers initiative team - The United Bank the Shield of Excellence for their contributions to the "Qodwa Tech" initiative.
