United Bank reported a net profit of EGP 1.508bn for the first half (H1) of 2025, compared to EGP 1.188bn in H1 2024, marking a year-on-year growth of 26.9%. Pre-tax profits reached EGP 2.081bn, up from EGP 1.565bn, an increase of 33%.
According to the bank’s financial statements, interest income rose to EGP 6.626bn by the end of June 2025, compared to EGP 6.103bn a year earlier, reflecting growth of 8.6%. Interest expenses increased by 4.7% to EGP 4.133bn, up from EGP 3.946bn.
Customer deposits reached EGP 69.712bn by the end of June 2025, compared to EGP 62.815bn at the end of December 2024, an increase of 11%. Financing to customers also grew 11.6%, rising to EGP 34.794bn from EGP 31.185bn.
On the retail side, financing expanded to EGP 8.689bn by June 2025, compared to EGP 8.305bn at the end of 2024. The personal loans portfolio increased to EGP 5.247bn from EGP 5.108bn, while the mortgage portfolio rose to EGP 3.253bn, compared to EGP 3.011bn.
The bank’s credit card balances stood at EGP 140.912m, while overdraft accounts amounted to EGP 47.562m.
In June 2025, United Bank’s total assets reached EGP 89.5bn, while shareholders’ equity climbed to EGP 15.329bn, reflecting the bank’s strengthened financial position.
