Suez Canal Bank Ranks in Forbes’ Top 50 Public Firms in Egypt for 2025

Suez Canal Bank has been ranked 21st on Forbes Middle East’s list of the Top 50 Public Companies in Egypt for 2025, thanks to its strong financial performance and strategic contributions to the banking sector.

The bank achieved:

Market capitalization: $280 million

Sales: $453 million

Net profits: $111 million

Total assets: $3.5 billion

Founded in 1978, Suez Canal Bank offers retail, corporate, and investment banking services through a network of 53 branches across Egypt. In January 2025, the bank participated in a long-term syndicated loan deal worth $108 million in partnership with Banque Misr and Al Baraka Bank Egypt, aimed at financing MAFI (MAF for Agricultural Products Manufacturing).

As of March 2025, the bank’s major shareholders include:

Arab International Bank: 41.5%

Libyan Foreign Bank: 27.7%

Suez Canal Authority Employees’ Insurance Fund: 10.1%

The banking and financial services sector dominated Forbes’ 2025 ranking with 17 institutions, accounting for $13.5 billion in total sales and $78.4 billion in combined assets, followed by the industrial and real estate & construction sectors with seven companies each.

Suez Canal Bank’s inclusion in this prestigious list reflects its commitment to growth, innovation, and supporting Egypt’s economic development.