Latest in Tag: Banque Du Caire Highlight
Latest in Tag: Banque Du Caire

Banque du Caire, MSMEDA sign EGP 500m microfinance contract
Banque du Caire’s microfinance portfolio reaches EGP 6.5bn benefiting 240,000 customers, targeting EGP 7bn by year-end, says Fayed

Banque du Caire eyes comprehensive development of mobile payment services: Fayed
Bank intends to launch corporate Internet banking and mobile banking soon to reach the various customer segments and meet their needs

Banque du Caire reports EGP 1.93bn net profit in 1H2019
We have many ambitious goals to achieve our strategic vision, says Fayed

Inertia, Banque du Caire sign EGP 575m loan to develop company’s projects
Company eyes EGP 5.5bn sales of Jefaira project, says CEO

Banque du Caire to offer 30-40% stake on EGX by end-2019 or early 2020: Chairperson and CEO
Fayed statement came on the sidelines of the loan signing ceremony with real estate developer Inertia. He explained that the offering would be through a capital increase and the sale of a stake to a strategic investor, targeting around $300-400m.

Net profit of Banque du Caire reaches EGP 1.218bn in Q1 of 2019
Good results always push us to continue development, says Fayed

Amer: 30-40% of Banque du Caire shares to be floated by October 2019
CBE receives 3 bids for United Bank, awaiting new offers

Five banks start issuing prepaid cards to pay government dues electronically
NBE, Banque Misr, Banque du Caire, CIB, ABE issued these cards free of charge for six months

Bank Du Caire plans to sell stake in international market this year, says Chairperson
Share sale will range from 20% to 30% of bank’s total shares

Fayed selected as FEB board member
Banque du Caire’s chairperson holds over 30 years of banking experience in international, local institutions

Banking alliance arranges EGP 3.1bn worth joint loan for Samcrete Egypt
Coalition includes NBE, Banque Misr, Banque du Caire, SAIB, EDBE, Suez Canal Bank

Banque du Caire’s NIAT jumps 200% to EGP 2.5bn end-2018
Last year was turning point in bank’s performance, says bank’s chairperson

Banque du Caire opens regional office in UAE for Gulf customers
Enhancing bank’s existence abroad one of our top priorities, says Fayed

Banque du Caire restructuring plan underway ahead of possible Q3 2019 IPO
Lender set to float 30% stake aiming to raise EGP 10bn

CBE approves issuing EGP 870.3m worth ‘Aman’ certificates
NBE, Banque Misr, Banque du Caire, ABE started offering certificates in March 2018

Banque du Caire participates in Nile Pioneers initiative to support entrepreneurship
We participate in all important events supporting state plans for sustainable development: Fayed

Banque du Caire to expand funds in all economic sectors to assist in economic development: Chairperson
‘We achieved 80% growth rate in financing SMEs, 95% in micro funding, 60% in financing large companies in 2018’: Fayed

All banks operating in Egyptian market invited to adopt principles of responsible banking
Egyptian banking sector is strong, capable of achieving Egypt’s leadership in sustainable development in Middle East, Africa

Micro finance portfolio at Banque du Caire registers EGP 4.5bn at end of December: Chairperson
Bank launches community training, employment project for youth at beginning of 2019

Banque du Caire launches electronic loan repayment service, credit card payments in cooperation with Fawry
Service reduces time, effort exerted by customers, supports premium banking services: Banque du Caire CEO

Banque du Caire wired link on Tahweel network, launches mobile wallet deposit, withdraw service via ATMs
Service allows mobile phone customers to securely withdraw, deposit cash any time, supports financial inclusion: Fayed

EGP 2bn net profits of Banque du Caire in 9M18
Bank injected EGP 1.6bn to fund micro projects, including 55% for Upper Egypt, 35% for women

Banque du Caire aims to expand routes to support foreign trade, back Egyptian exporters
Bank sponsored FEI visit to Tanzania to encourage Egyptian exports

Banque du Caire opens 2 news branches, bringing its network up to 221
BDC plans to expand to 25 offices in 2019, add 20-25 extensions annually in coming 3 years: Fayed

Banque du Caire ready to go public at anytime: chairperson
Full coordination between board of directors of bank, its owner, CBE, Finance Ministry underway to determine appropriate time to float

Banque du Caire share offering in EGX not determined yet: chairperson
Bank plans to launch mobile, internet banking services next year, says Fayed

Banque du Caire signs cooperation agreement with National Bank of Uzbekistan to support Egyptian exports
Bank welcomes cooperation to support expansion of Egyptian exports in foreign markets, says Fayed

Banque du Caire signs three-year partnership agreement with Arsenal
Partnership between Banque du Caire, English club will have positive impact on bank’s customers

Banque du Caire restructuring plan underway in full swing ahead of possible 2019 IPO
Lender set to float 30% stake by early next January aims at raising EGP 10bn

Banque du Caire issues 36,000 Aman certificates worth EGP 38.2m: bank chairperson
There are other purchase requests under implementation worth EGP 213m, 10 bank clients won in first draw for holders of certificate, says Fayed