Condensed Consolidated F.Statements June 30

Condensed Consolidated Interim Statement of Financial Position as at June 30, 2026

Notes

Jun. 30, 2026

Dec. 31, 2025

Assets

Cash and balances at the central bank

14

144,083,579

88,876,452

Due from banks

15

213,509,638

135,236,549

Loans and advances to banks, net

17

48,462,194

34,440,770

Loans and advances to customers, net

18

597,785,831

507,953,766

Derivative financial instruments

399,402

620,349

Financial investments

- Financial Assets at Fair Value through OCI

19.1

348,654,793

376,397,929

- Financial Assets at Amortized cost

19.1

269,977,831

236,672,175

Investments in associates

20

51,807

45,210

Non-current assets held for sale

32

190,054

182,827

Other assets

21

58,636,578

54,040,912

Deferred tax assets

2,437,842

2,545,499

Property and equipment

22

5,850,379

5,481,682

Total assets

1,690,039,928

1,442,494,120

Liabilities and equity

Liabilities

Due to banks

23

42,856,364

3,353,746

Due to customers

24

1,308,646,344

1,110,395,693

Non-current liabilities held for sale

33

54,956

53,860

Derivative financial instruments

227,032

137,802

Current income tax liabilities

12,351,399

20,570,313

Other liabilities

25

32,905,897

25,595,390

Issued debt instruments

26

4,922,120

4,761,558

Other loans

34,616,250

30,471,499

Other provisions

27

15,043,327

15,640,041

Total liabilities

1,451,623,689

1,210,979,902

Equity

Issued and paid capital

34,051,391

33,779,361

Reserves

136,938,489

105,849,176

Reserve for employee stock ownership plan (ESOP)

2,295,868

2,343,532

Retained earnings*

65,117,363

89,514,273

Total equity and net profit for the period / year

238,403,111

231,486,342

Non-Controlling Interest

13,128

27,876

Total NCI, equity and net profit for the period / year

238,416,239

231,514,218

Total liabilities and equity

1,690,039,928

1,442,494,120

The accompanying notes are an integral part of these financial statements.

(Review report attached)

*

Including net profit for the period

Islam Zekry

Hisham Ezz Al-Arab

Group CFO & Executive Board Member

CEO & Executive Board Member

Condensed Consolidated Interim Income Statement for The Period Ended June 30, 2026

Last 6 Months

Last 6 Months

Notes

Jun. 30, 2026

Jun. 30, 2025

Interest and similar income

110,568,003

105,160,947

Interest and similar expense

(49,741,855)

(53,825,527)

Net interest income

60,826,148

51,335,420

Fee and commission income

10,042,456

7,444,430

Fee and commission expense

(4,214,535)

(3,294,001)

Net fee and commission income

5,827,921

4,150,429

Dividend income

186,093

39,083

Net trading income

9

1,455,384

1,247,489

Profits (losses) on financial investments 

19.2

545,790

622,565

Administrative expenses

(10,356,040)

(7,915,569)

Other operating income (expenses)

10

(3,850,419)

(3,558,772)

Release (charges) for ECL

11

(482,430)

333,558

Bank's share in the profits (losses) of associates

6,597

5,489

Profit before income tax

54,159,044

46,259,692

Income tax expense

12

(14,495,340)

(13,462,229)

Deferred tax assets (liabilities)

12

(349,978)

549,173

Net profit for the period

39,313,726

33,346,636

Non-Controlling Interest

267

946

Bank's shareholders

39,313,459

33,345,690

Earnings per share

13

Basic

10.23

8.82

Diluted

10.11

8.71

Islam Zekry

Hisham Ezz Al-Arab

Group CFO & Executive Board Member

CEO & Executive Board Member

Condensed Consolidated Interim Statement of Comprehensive Income for The Period Ended June 30, 2026

Last 6 Months

Last 6 Months

Jun. 30, 2026

Jun. 30, 2025

Net profit for the period

39,313,726

33,346,636

Transferred to RE from financial assets at fair value through OCI

-

3,586

Net change on financial assets at fair value through comprehensive income after tax

(3,867,224)

5,056,845

Cumulative foreign currencies translation differences

383,255

(215,827)

Effect of ECL on debt instruments measured at fair value through OCI

(942,320)

142,274

Total comprehensive income for the period

34,887,437

38,333,514

As follows:

Bank's shareholders

34,887,170

38,250,562

Non-Controlling Interest

267

82,952

Total comprehensive income for the period

34,887,437

38,333,514

Condensed Consolidated Interim Cash Flows for The Period Ended June 30, 2026

Notes

Jun. 30, 2026

Jun. 30, 2025

Cash flow from operating activities

Profit before income tax

54,159,044

46,259,692

Adjustments to reconcile profits to net cash provided by operating activities

Fixed assets depreciation

22

1,187,993

1,199,285

Impairment release/charge for credit losses (loans and advances to customers and banks)

11

784,879

(853,542)

Net charge/release for other provisions

27

589,360

1,028,755

Impairment release/charge for credit losses (due from banks)

11

13,971

143,346

Impairment release/charge for credit losses (financial investments)

11

(316,420)

376,638

Exchange revaluation differences for financial assets at fair value through OCI and AC

(7,418,211)

1,489,447

Revaluation differences impairment charge for Financial Assets at Fair value through OCI

193,153

(92,993)

Revaluation differences impairment charge for Financial Assets at Amortized cost

(28,515)

1,638

Revaluation differences impairment charge for due from banks

3,638

(2,865)

Net utilized/recovered for other provisions

27

(1,190,515)

(1,053)

Exchange revaluation differences of other provisions

27

4,441

291,117

Profits/losses from selling property and equipment

-

(6,006)

Profits/losses from selling financial investments at fair value through OCI

19.2

(545,790)

(345,157)

Profits/losses from selling investments in associates

19.2

-

(277,408)

Share based payments

795,382

653,254

Bank's share in the profits/losses of associates

(6,597)

(5,489)

Operating profits before changes in operating assets and liabilities

48,225,813

49,858,659

Net decrease / increase in assets and liabilities

Due from banks

(47,677,179)

77,313,672

Derivative financial instruments

295,040

24,358

Loans and advances to banks and customers

(104,639,422)

(96,538,045)

Other assets

(3,252,185)

(5,571,542)

Non-current assets held for sale

32

(7,227)

-

Due to banks

23

39,502,618

956,522

Due to customers

24

198,250,651

72,729,202

Current income tax obligations paid

(2,143,941)

(2,089,122)

Non-current liabilities held for sale

33

1,096

(35)

Other liabilities

(12,876,550)

(13,007,521)

Net cash generated from (used in) operating activities

115,678,714

83,676,148

Cash flow from investing activities

Proceeds from sale of investments in associates

-

339,920

Payments for purchases of property, equipment and branches construction

(2,899,117)

(4,828,546)

Proceeds from selling property and equipment

10

-

6,006

Proceeds from redemption of financial assets at amortized cost

11,995,898

4,937,562

Payments for purchases of financial assets at amortized cost

(45,916,509)

(48,979,866)

Payments for purchases of financial assets at fair value through OCI

(83,415,699)

(91,406,698)

Proceeds from selling financial assets at fair value through OCI

114,838,479

65,127,965

Net cash generated from (used in) investing activities

(5,396,948)

(74,803,657)

Condensed Consolidated Interim Cash Flows for The Period Ended June 30, 2026 (Cont.)

Jun. 30, 2026

Jun. 30, 2025

Cash flow from financing activities

Other loans

4,144,751

7,288,192

Dividends

(29,052,828)

(14,219,571)

Issued debt instruments

160,562

(118,817)

Capital increase

272,030

276,930

Net cash generated from (used in) financing activities

(24,475,485)

(6,773,266)

Net increase (decrease) in cash and cash equivalent during the period

85,806,281

2,099,225

Beginning balance of cash and cash equivalent

140,542,556

226,610,721

Cash and cash equivalent at the end of the period

226,348,837

228,709,946

Cash and cash equivalent comprise:

Cash and balances at the central bank

14

144,083,579

101,492,185

Due from banks

213,659,929

231,671,573

Treasury bills and other governmental notes

16

151,392,107

124,383,524

Obligatory reserve balance with central bank

(123,872,640)

0

(76,444,950)

Due from banks with maturity more than three months

(7,522,252)

(28,050,433)

Treasury bills and other governmental notes with maturity more than three months

(151,391,886)

(124,341,953)

Total cash and cash equivalent

226,348,837

228,709,946

Condensed Consolidated Interim Statement of Changes in Shareholders' Equity

Jun. 30, 2025

Issued and paid capital

Legal reserve

General reserve

General risk reserve

Special reserve

Reserve for transactions under common control

Capital reserve

Reserve for financial assets at fair value through OCI

Banking risks reserve

Retained earnings

Reserve for employee stock ownership plan

Cumulative foreign currencies translation differences

Total Shareholders' Equity

Non-Controlling Interest

Total

Beginning balance

30,431,580

6,208,674

62,422,792

1,550,906

-

(670,972)

22,818

(7,145,283)

17,924

56,791,883

1,868,235

1,137,720

152,636,277

183,044

152,819,321

Capital increase

276,930

-

-

-

-

-

-

-

-

-

-

-

276,930

-

276,930

Transferred to reserves

-

2,771,284

19,758,610

-

-

-

2,246

-

-

(21,744,828)

(787,312)

-

-

-

-

Net profit for the period

-

-

-

-

-

-

-

-

-

33,345,690

-

-

33,345,690

946

33,346,636

Dividends paid

-

-

-

-

-

-

-

-

-

(14,714,434)

-

-

(14,714,434)

(59,420)

(14,773,854)

Transferred to RE from financial assets at fair value through OCI

-

-

-

-

-

-

-

3,586

-

(3,586)

-

-

-

-

-

Transferred to general risk reserve

-

-

-

26,186

-

-

-

-

-

(26,186)

-

-

-

-

-

Net change on financial assets at fair value through OCI after tax

-

-

-

-

-

-

-

4,974,839

-

-

-

-

4,974,839

82,006

5,056,845

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

(2,628)

2,628

-

-

-

-

-

Effect of ECL on debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

142,274

-

-

-

-

142,274

-

142,274

Cost of employees' stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

653,254

-

653,254

-

653,254

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

(215,827)

(215,827)

-

(215,827)

Ending balance

30,708,510

8,979,958

82,181,402

1,577,092

-

(670,972)

25,064

(2,024,584)

15,296

53,651,167

1,734,177

921,893

177,099,003

206,576

177,305,579

Jun. 30, 2026

Issued and paid capital

Legal reserve

General reserve

General risk reserve

Special reserve

Reserve for transactions under common control

Capital reserve

Reserve for financial assets at fair value through OCI

Banking risks reserve

Retained earnings

Reserve for employee stock ownership plan

Cumulative foreign currencies translation differences

Total Shareholders' Equity

Non-Controlling Interest

Total

Beginning balance

33,779,361

8,979,958

79,110,551

1,577,092

13,145,012

(670,972)

25,064

2,825,146

15,296

89,514,273

2,343,532

842,029

231,486,342

27,876

231,514,218

Capital increase

272,030

-

-

-

-

-

-

-

-

-

-

-

272,030

-

272,030

Transferred to reserves

-

4,089,832

31,449,216

-

-

-

13,005

-

-

(34,709,007)

(843,046)

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

(29,037,813)

-

-

(29,037,813)

(15,015)

(29,052,828)

Net profit for the period

-

-

-

-

-

-

-

-

-

39,313,459

-

-

39,313,459

267

39,313,726

Transferred to general risk reserve

-

-

-

(27,647)

-

-

-

-

-

27,647

-

-

-

-

-

Net change on financial assets at fair value through OCI after tax

-

-

-

-

-

-

-

(3,867,224)

-

-

-

-

(3,867,224)

-

(3,867,224)

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

(8,804)

8,804

-

-

-

-

-

Effect of ECL on debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

(942,320)

-

-

-

-

(942,320)

-

(942,320)

Cost of employees' stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

795,382

-

795,382

-

795,382

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

383,255

383,255

-

383,255

Ending balance

34,051,391

13,069,790

110,559,767

1,549,445

13,145,012

(670,972)

38,069

(1,984,398)

6,492

65,117,363

2,295,868

1,225,284

238,403,111

13,128

238,416,239