Africazine:
QNB Egypt has achieved remarkable growth in its asset base over the past five years.
The bank’s total assets surged by 236% to approximately EGP 1.113 trillion by the end of September 2026, compared to EGP 331.04 billion in September 2021. This growth reflects an increase of about EGP 782.03 billion, showcasing the bank’s sustained expansion.
QNB Egypt’s Assets Surge by 28.5% Year-on-Year
As of September 2026, QNB Egypt’s assets reached EGP 1.113 trillion, marking a year-on-year increase of 28.5%. This growth translates to an increase of approximately EGP 246.25 billion from EGP 866.82 billion the previous year. The bank’s asset growth trajectory has been impressive, with a 10.4% rise between September 2024 and September 2025.
In the previous year, from September 2023 to September 2024, the bank experienced a significant 34.4% growth, adding around EGP 201.07 billion to its asset base. This consistent upward trend highlights the bank’s robust financial performance.
QNB Egypt: Key figures on Asset Growth
- EGP 1.113 trillion as of September 2026
- EGP 331.04 billion in September 2021
- EGP 782.03 billion increase from September 2021 to September 2026
- EGP 246.25 billion increase year-on-year as of September 2026
- EGP 201.07 billion increase from September 2023 to September 2024
Consistent Growth Despite Variations
QNB Egypt has maintained a steady growth pattern throughout the five-year period. From September 2021 to September 2022, the bank’s assets grew by 33.2%, increasing from EGP 331.04 billion to EGP 440.87 billion. The growth continued with a 32.5% increase from September 2022 to September 2023, reaching EGP 584.04 billion.
This consistent performance, particularly notable during 2023 and 2024, underscores the bank’s ability to navigate market challenges and expand its financial position effectively.
Future Outlook for QNB Egypt
- Continued focus on asset growth
- Monitoring market conditions for strategic expansion
- Potential for further increases in financial performance
QNB Egypt’s impressive asset growth reflects its strong financial strategy and market positioning.
