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The National Investment Bank turns profitable, achieving EGP 6 billion during the 2024/2025 fiscal year:In an unprecedented financial and historical transformation
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Settlement of historical financial entanglements worth 196 billion Egyptian pounds dating back to the 1980s
Dr. Ahmed Rostom: We are continuing with the comprehensive restructuring plan with the constant support and follow-up of the Prime Minister
The focus is on innovative financing tools for infrastructure in partnership with the World Bank and international financial institutions.
In a move reflecting the success of its institutional and financial reform plans, the National Investment Bank announced an unprecedented financial breakthrough, recording a net profit of nearly EGP 6 billion for the fiscal year ending June 30, 2025, compared to losses of EGP 31.7 billion in the previous fiscal year. This represents a strong recovery in the bank's financial position.
This announcement came during a meeting of the bank's board of directors, chaired by Dr. Ahmed Rostom, Minister of Planning and Economic Development and Chairman of the Board, to discuss performance indicators and follow up on the latest developments regarding the bank's restructuring and strengthening its role as a developmental and strategic arm of the state. The meeting was attended by board members Dr. Hussein Eissa, Deputy Prime Minister for Economic Affairs, and Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, as well as a number of prominent economic and financial leaders, including Mr. Osama Saleh (former Minister of Investment), Mr. Mohamed El-Etreby (CEO of the National Bank of Egypt), Mr. Sherif Sami (former Chairman of the Financial Regulatory Authority), Mr. Sherif Ashour (former Deputy Governor of the Central Bank), Mr. Salah Helal (Vice President of the State Council), and several investment and institutional development experts. Board Members.
During its meeting, the Board reviewed the progress made in resolving financial entanglements with government entities. In June 2026, two framework agreements were signed to settle historical debts dating back to the 1980s, totaling over EGP 196 billion. These settlements included subsidiaries of the Holding Company for Water and Wastewater and the General Authority for Reconstruction Projects and Agricultural Development. The Board also discussed the ongoing steps to finalize additional settlements to resolve the remaining debts.
In this context, Dr. Ahmed Rostom affirmed the Ministry of Planning and Economic Development's commitment to continuing the restructuring process and settling all outstanding financial matters. He emphasized that these efforts are part of the close and continuous monitoring by Prime Minister Dr. Mostafa Madbouly and the government's commitment to definitively closing the file on financial entanglements.
On the administrative level, the Board of Directors approved assigning Professor Dalia Mustafa to the position of Acting Vice Chairman of the Board of Directors and Managing Director of the National Investment Bank, succeeding Professor Ashraf Najm, while expressing sincere thanks and appreciation for his efforts during his tenure. The meeting also touched on the bank’s future executive work plan, which includes creating a mechanism to ensure infrastructure financing through innovative financing tools, through strategic partnerships with the World Bank and a number of international financing institutions, and in close cooperation between the Ministries of Finance and Planning and the subsidiaries of the National Investment Bank.
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