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

Banque du Caire decides to disburse employees’ share of profits for FY 2017
Monthly allowance of employees increased, in addition to periodic, extraordinary bonuses

Defaulting clients visiting government banks to settle their debts
Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP 700m, says Aboul Fotouh

Banque du Caire signs cooperation protocol with Minya to promote, market assets
Joint working mechanism being discussed between Banque du Caire, Minya to provide various banking services to governorate’s residents, says Fayed

NBE, BM, Banque du Caire to cover tourism companies’ expenses for Hajj
The National Bank of Egypt, Banque Misr, and Banque du Caire officials met with representatives of the Ministry of Tourism and the head of the religious tourism committee of the Egyptian Travel Agencies Association (ETAA). During the meeting, they agreed to have the three banks secure the needed Saudi riyals to cover the expenses of …

Banque du Caire hires Temenos to develop its banking information systems
Bank investing in human, technological capabilities to provide innovative banking, says Fayed

Egyptian banks make EGP 59.075bn profits in 2017: CBE
Top 5 banks accounted for 47.424% of total profits, top 10 achieved EGP 37.02bn

Banque du Caire contributes to EGP 568m loan to Zizinia El Mostakbal project
Bank is keen to support real estate sector through pumping all necessary financing for economically feasible real estate projects in light of state’s interest in such projects, says Fayed

4 state-run banks to offer Aman insurance certificates Sunday
Certificates to cover temporary workers, other individuals without social security coverage

SMEDA signed contract with Banque du Caire worth EGP 500m to fund microenterprises
25% of contract dedicated to women, 60% to workers below poverty line, 70% to rural areas

CBE approves establishment of Banque du Caire’s leasing company with EGP 100m paid-up capital
Company will contribute to a better future for bank’s investment, financing plans: Fayed

$10m loan to finance MSMEs from SANAD in partnership with Banque du Caire
The SANAD Fund for MSMEs (SANAD) announced, in a press statement on Monday, that it will finance a $10m senior loan to Egypt’s Banque du Caire to support the expansion of the bank’s lending operations for micro, small, and medium enterprises (MSMEs). Banque du Caire, which is Egypt’s sixth largest bank, with its status as …

Banque du Caire to be put up in Q4 2018: EFG-Hermes executive management
Putting up Unionaire will be biggest offering since 2015

How to obtain a personal loan from Banque du Caire?
Banque du Caire offers personal loans to public and private sector employees, as well as to bank employees. The minimum monthly income required for obtaining the loan is EGP 300 for public sector employees, EGP 1,500 for private sector employees, and EGP 2,000 for bank employees. The maximum amount for a personal loan is EGP …

Banque du Caire arranges two loans for petroleum sector worth EGP 4-5bn
The bank is considering contributing to the Islamic loan, which is arranged by Banque Misr for Egyptian Iron, worth EGP 200m

Banque du Caire BoD provides account of bank performance before end of its term
El Zahid reveals the most important indicators of the bank during the period from September 2011 until the end of 2016 before leaving office

Egypt’s economic reforms re-attract global investments
Continuing reform policies and measures with the aim to increase FDIs and domestic investments is the most important challenge facing the Egyptian economy at present

Banque du Caire to inject EGP 5bn in syndicated loans to several economic sectors: vice chairperson
We are considering participating in the EEHC loan by EGP 3bn, next to channelling other funding for public and private economic activities, says Soliman

Banque Du Caire present through 5 branches, 18 ATMs in North Coast
We aim to install four new ATMs in the area during the upcoming period, says El Zahid

Banque du Caire raises its interest rates by 1.5-2%
Banque du Caire decided to hike the interest rates offered on its saving vessels, including saving accounts and deposits by rates, between 1.5% and 2%. The bank also decided to introduce new savings vessels with a variable yield linked to the price of the corridor announced by the Central Bank of Egypt (CBE). Mounir El-Zahid, …

Egypt’s top 5 banks accounted for 77.7% of total profits of banks operating in Egyptian market by end of March 2017: CBE
Total profits amounted to EGP 30.516bn at the end of first quarter of 2017, top 10 banks mark profits of EGP 26.234bn

Banque du Caire, Inmaa signs joint venture agreement to finance SMEs
Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small investors to expand, provide necessary liquidity to start their business
Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small investors to expand, provide necessary liquidity to start their business

Banque du Caire marks profits of EGP 3.3bn in 2016, up 18% from 2015: chairperson
Bank’s profits are operating profits resulting from the expansion of all banking activities: El Zahid

CBE holds hope on Banque du Caire to support microenterprises: Amer
The bank injected 1.5 million loans to project owners until the end of 2016, with a total cumulative value of EGP 11bn

Banque Du Caire serves more than 3.8 million customers
The bank gives great attention to micro finance and SMEs, says Soliman

Banque du Caire opens 5,200 new accounts during Financial Inclusion Week
The bank’s staff took to more than 75 locations, including universities, clubs, youth centres, and shopping centres

Banque du Caire in malls, youth centers, universities, and clubs
On the occasion of the Financial Inclusion Week, Banque du Caire is offering a number of promotions to attract a new segment of clients. The bank provided special facilities for the owners of small businesses, in addition to opening bank accounts with no administrative fees and no required minimum balance. The bank is also offering …

NBE, Banque Misr, Banque du Caire secure SR 700m to cover Umrah expenses
Another meeting will also be scheduled this month to agree on the mechanism for the Hajj season

The Egyptian Exchange approves Banque du Caire shares listing in EGX
The Egyptian Exchange (EGX) has announced their acceptance of Banque du Caire’s application to list its shares in the EGX with a capital of EGP 2.25bn, distributed over 562.5m shares with a nominal value of EGP 4 per share in a statement on Wednesday. Tarek Amer, governor of the Central Bank of Egypt (CBE) has …

Banque du Caire applies to list shares in EGX
The Egyptian Exchange (EGX) said in a statement on Wednesday that Banque du Caire applied to list its shares in the EGX with a capital of EGP 2.25bn, distributed over 562.5m shares with a nominal value of EGP 4 per share. The EGX added in a statement on its website that it is currently studying …

New year to witness real beginning for attracting foreign investments, allowing banks to finance national, investment projects: El Zahid
Sectors of transportation, logistics, construction, industry, food, and basic commodities top indsutries the bank plans to finance in 2017