Latest in Tag: Tarek Fayed Highlight
Latest in Tag: Tarek Fayed
Banque du Caire reports EGP 2.52bn net profit in September 2020
‘We will continue to implement expansion plans without interruption as bank successfully established advanced business model in 3 years,’ says CEO Tarek 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
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.
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
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 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
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 decides to disburse employees’ share of profits for FY 2017
Monthly allowance of employees increased, in addition to periodic, extraordinary bonuses
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
Banque du Caire hires Temenos to develop its banking information systems
Bank investing in human, technological capabilities to provide innovative banking, says Fayed
CBE forces banks to notify it before providing foreign currency to government institutions
Banks are obliged to notify the CBE before providing foreign exchange for any governmental entity
Foreign exchange outcome at banks exceeds $3bn over past 2 weeks: CBE sub-governor
Investment funds, international pension funds began investing in Egyptian government debt instruments