EGYPT · BANKS
saib Bank, a Cairo lender formally called Societe Arabe Internationale de Banque, reported net profit of EGP 542.4 million (about US$10.4 million) for the first nine months of 2026, to 30 September. Total operating revenues were EGP 20 billion (about US$386 million), the bank said in its results statement.
Dollar figures here follow the bank’s reported US$ equivalents, which imply about EGP 52 per US$. Net profit is less than half the US$24.7 million of the same nine months of 2025.
Key Facts
- Profit Net profit EGP 542.4 million (about US$10.4 million) in the nine months to 30 September 2026.
- Change Net profit is less than half of last year’s US$24.7 million, though exchange rates differ.
- Revenue Total operating revenues EGP 20 billion (about US$386 million) in the nine months.
- Balance sheet Total assets EGP 187.6 billion (about US$3.6 billion); deposits EGP 157 billion (about US$3 billion).
- Network 47 branches and about 169 ATMs at the end of September 2026.
The Results in Numbers
Net operating revenues, which the bank reports separately, reached EGP 6.6 billion (about US$127 million), and profit before provisions, the money set aside for expected loan losses, and before tax came to EGP 2.4 billion (about US$46.9 million). Net profit of EGP 542.4 million equals about 2.7% of total operating revenues, by our arithmetic.
Customer loans stood at EGP 95.2 billion (about US$1.8 billion) and customer deposits at EGP 157 billion (about US$3 billion), so loans equal about 61% of deposits. Shareholders’ equity was EGP 20.5 billion (about US$394.5 million), and net profit is about 2.7% of that equity over the period, not scaled to a full year.
Against Earlier Figures
The bank’s filing to the Egyptian Exchange (EGX), Egypt’s stock exchange, on 12 November 2025, as reported, put net profit for the first nine months of 2025 at US$24.7 million. This year’s US$10.4 million is less than half of that, although the two figures rest on different exchange rates and we have not matched them line by line.
Against the bank’s end-March 2026 figures, customer loans rose from EGP 83.8 billion to EGP 95.2 billion, about 14%, and deposits from EGP 147 billion to EGP 157 billion, about 7%. The bank’s first-quarter statement put net profit at EGP 222 million through March.
Who saib Is
The bank was established in 1976, and it trades on the Egyptian Exchange. Our company profile of saib has the background.
The bank says it is expanding its branch and ATM network in line with the Central Bank of Egypt’s financial-inclusion plan, which aims to bring more people into formal banking. For wider context on prices and money in Egypt, see our reports on October inflation and the listing of Banque du Caire, a lender that began trading in Cairo this month.
What It Means for You
For US readers, the figures matter mainly to investors in Egyptian banks and to anyone tracking how lenders in Egypt are earning. It is information, not a recommendation; the ratios above are our own arithmetic on the bank’s figures, and more news is on Egypt.
What Is Not Known
Why profit fell is not stated in the bank’s published figures. The date of its next results is not confirmed.
Sources: saib Bank results statement for the period ending 30 September 2026; Egyptian Exchange (EGX) filing of 12 November 2025 (2025 comparison, as reported); saib first-quarter 2026 statement; Central Bank of Egypt.
More: Egypt news in English, every day from The Rio Times.
Frequently Asked Questions
What did saib Bank report?
The bank reported net profit of EGP 542.4 million (about US$10.4 million) and total operating revenues of EGP 20 billion (about US$386 million) for the first nine months of 2026, to 30 September. The figures come from the bank’s own results statement.
How big is saib Bank?
Total assets were EGP 187.6 billion (about US$3.6 billion), with 47 branches and about 169 ATMs at the end of September 2026. Customer loans were EGP 95.2 billion (about US$1.8 billion).
Is saib Bank listed?
The bank’s results are filed to the Egyptian Exchange in Cairo, where its shares trade under the ticker SAIB. Reports on its results cite filings made to the exchange.
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