Saib announces EGP 835.8m profits in Q1 2026

“Saib Bank announced its financial results for the first quarter (Q1) of 2026, posting profits before provisions and taxes of EGP 835.8m, with net profit reaching EGP 222m in March. The bank’s total operating income stood at EGP 7.013bn, while net operating income recorded EGP 2.317bn. Total assets rose to EGP 183bn, supported by shareholders’ equity of EGP 21bn. The bank’s loans and credit facilities portfolio reached EGP 83.8bn, while customer deposits grew to EGP 147bn, underscoring strong balance sheet growth. Aligned with the Central Bank of Egypt’s financial inclusion strategy, saib continues to expand its footprint, operating 46 branches nationwide and an ATM network of 168 machines as of March 2026. Beyond financial performance, saib places corporate social responsibility at the core of its long term strategy. Its initiatives support Egypt Vision 2030 across social, environmental, and economic dimensions, with a focus on economic empowerment, healthcare, education, and integration of people with disabilities. The bank’s CSR programmes extend to improving living standards in informal settlements and underprivileged villages, while advancing sustainable development goals such as zero hunger, reduced inequalities, good health and wellbeing, and quality education. The post Saib announces EGP 835.8m profits in Q1 2026 first appeared on Dailynewsegypt .

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