EFG Holding Announces the Successful Completion of an EGP 4.2 Billion Capital Increase at Bank NXT with Full Shareholder Participation

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بواسطة FinTech Gate
EFG Holding

Cairo, November 3, 2025:

EFG Holding today announced the successful completion of a capital increase at Bank NXT, executed at par value with full participation from all shareholders. The total capital increase amounted to EGP 4.2 billion. to which EFG Holding contributed EGP 2.143 billion. EFG Holding will maintain its 51% stake following the capital increase, preserving majority ownership. This will bring the bank’s book value to an expected EGP 15.4 billion by year-end 2025.

Strategic Impact

This strategic capital injection underscores EFG Holding’s continued confidence in Bank NXT’s strong fundamentals and long-term growth trajectory. The fresh capital will reinforce Bank NXT’s balance sheet and support its management’s vision in the execution of its growth plans with greater financial flexibility. This step reflects EFG Holding’s ongoing support for Bank NXT’s sustained growth and financial strength and aligns with the Group’s broader strategy to enhance value creation across its diverse lines of business.

Management Commentary

Commenting on the transaction, Karim Awad, Group CEO of EFG Holding, said:
“EFG Holding’s participation further reinforces our commitment to supporting the bank’s strategic growth plans and our portfolio companies. Already at a Stage 3 coverage of 192.9%, this capital increase will position the bank strongly for its next phase of growth. This step not only cements Bank NXT’s positioning within the Group’s long-term strategy but should also continue to fuel future growth in the Group’s overall profitability.”

Bank Performance

Bank NXT, acquired by EFG Holding in 2021 when it operated under the name aiBANK, has delivered strong operating performance across key metrics in 2025:

  • Total loans to customers advanced approximately 26% in the first six months to EGP 41.0 billion by the end of June 2025. compared with EGP 32.5 billion at year-end 2024.

  • The bank’s customer base jumped 22% to around 106 thousand customers by the end of June 2025, up from approximately 86 thousand at year-end 2024.

  • Customer deposits climbed 12% in the same period to EGP 76.2 billion. up from EGP 68.0 billion at year-end 2024.

  • Net profit increased to EGP 1.1 billion in the first half of 2025. compared to EGP 901.6 million in the same period of 2024, representing growth of 24%.

EFG Holding noted that Bank NXT’s expanding scale and profitability continue to contribute meaningfully to the Group’s track record of sustained growth, value creation, and strategic leadership across its portfolio.

About EFG Holding

EFG Holding (EGX: HRHO.CA – LSE: EFGD) is a financial institution with more than 40 years of success across seven countries spanning two continents. Operating within three verticals — the Investment Bank (EFG Hermes), Non-Bank Financial Institutions (NBFI) (EFG Finance). and Commercial Bank (Bank NXT) — the company provides comprehensive financial products and services tailored to individual clients and businesses of all sizes.

EFG Hermes, the leading investment bank in the Middle East and North Africa (MENA), offers advisory, asset management, securities brokerage, research. and private equity services. EFG Finance is the fastest-growing NBFI platform. comprising Tanmeyah, EFG Corp-Solutions, Valu, Bedaya, Kaf, and EFG Finance SMEs. The company also delivers commercial banking solutions through Bank NXT, an integrated retail and corporate banking provider in Egypt.

Learn more at: www.efghldg.com

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