Egypt’s Industrial Development Bank posted a net profit of EGP 1bn for 2025, the first time the lender has crossed that financial threshold.
The Bottom Line:
- Net profit reached EGP 1bn for the 2025 fiscal year, triggering bonus shares for shareholders for the first time in two decades.
- Total assets expanded by 31% to hit EGP 64.9bn by December 31, 2025.
- Non-performing loans dropped sharply to 8.1% of total lending, down from 13.9% the prior year.
Management attributed the earnings to a comprehensive restructuring plan initiated in mid-2024 to strengthen the bank’s position in the sector and its role in financing industry. Hussein Refaie, chief executive and managing director, stated that the institution had transitioned away from structural problems toward sustainable growth.
Customer deposits accelerated at a faster clip than overall assets, climbing 44% to reach EGP 52.1bn. Meanwhile, the bank’s loan book expanded by 34% to stand at EGP 34.6bn by the end of December 2025.
Operating income climbed 33% to EGP 3.6bn, while profit before tax and provisions jumped 47% to EGP 2.5bn, as income grew faster than costs over the 12-month cycle. Provision coverage climbed to 126% of bad loans, up from 97% a year earlier, leaving the lender holding reserves that exceed its classified non-performing assets.
Akram Tinawi, the non-executive chairman, noted that the bank will maintain its focus on financing strategic sectors including industry, energy, urban development, and clean power to diversify its revenue streams. As part of a broader five-year modernization initiative targeting EGP 3bn in total capital expenditure, the lender deployed roughly EGP 500mn toward core banking infrastructure, cyber security, and digital channels in 2025.
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