Banque du Caire

Moody’s improves 5 banks’ outlooks to positive amid latest reforms and deals

Wed, 13 Mar 2024 - 11:41 GMT

State-owned banks National Bank of Egypt, Banque Misr, and Banque du Caire, as well as Commercial International Bank (CIB) had their Caa1 long-term deposit ratings affirmed, with the Bank of Alexandria maintaining its B3 long-term deposit rating

Fitch Ratings lowers credit rating of 3 state banks and 1 private bank to B-

Tue, 14 Nov 2023 - 03:40 GMT

Fitch lowered its long-term issuer default rating for state-owned National Bank of Egypt, Banque Misr and Banque Du Caire, as well as Commercial International Bank (CIB)

Banque du Caire joins the National Bank of Egypt and Banque Misr in a Strategic Partnership with IBAG, Western Union's first agent in Egypt

Sun, 11 Sep 2022 - 10:59 GMT

Banque du Caire joins the shareholding of IBAG, Western Union's first agent in Egypt, after purchasing a stake from Al Ahly Capital Holding - the National Bank of Egypt’s investment arm and Banque Misr.

Banque du Caire raises its investment in Afreximbank by $82M

Mon, 20 Jun 2022 - 02:57 GMT

Chairman and CEO of Banque du Caire, Tarek Fayed, emphasized in a statement the importance of this step, as Egypt will become one of the largest shareholders of the Afreximbank, which plays an important role in promoting trade between Africa and the world.

Banque Misr acquires all shares of Banque du Caire

Thu, 28 Apr 2022 - 02:05 GMT

According to the statement, the share that Banque Misr purchased in Banque du Caire belongs to the share of Misr Capital Company.

Banque du Caire receives a $30M subsidy loan from Green Fund for Development

Thu, 17 Feb 2022 - 02:16 GMT

The loan aims to strengthen the capital base and enhance the bank's ability to finance its clients, as Banque du Caire is a strategic partner of the Fund as one of the largest banks operating in the Egyptian market.

Banque du Caire reports LE 2.7B profit in Q3-21

Thu, 02 Dec 2021 - 04:24 GMT

The profit growth was ascribed to higher net interest income by 3% to LE 7.7 billion in the third quarter compared to LE 7.5 billion in the corresponding period of 2020.

Capital Intelligence affirms Banque Du Caire rating at B+, with "stable" outlook

Mon, 22 Mar 2021 - 12:32 GMT

“The rating reflects the success of the bank’s continuous development plans and business strategy despite the challenges that the whole world is witnessing as a result of the Corona crisis,” Fayed said.

EBRD offers Banque du Caire $100M to support trade and MSMES

Thu, 18 Mar 2021 - 11:48 GMT

EBRD clarified in a statement that the financing package is for trade financing and on-lending to local micro-, small and medium-sized companies (MSMEs).

Banque du Caire Chairman rules out offering bank's stake on EGX during 2020

Wed, 26 Aug 2020 - 01:13 GMT

“The offering will be considered again,” he said.

MSMEDA funds micro enterprises with LE 620M via Banque Du Caire

Wed, 13 May 2020 - 11:36 GMT

These projects come to present all aspects of support to the projects of the youth and women.

Banque du Caire chairman issues statement on closure of downtown branch after 2 coronavirus infections

Sun, 10 May 2020 - 01:17 GMT

The move comes in the framework of the bank’s keenness on the safety and health of all bank employees and customers.

Nilepreneurs launches new initiative to boost SMEs exports via e-commerce

Tue, 05 May 2020 - 02:21 GMT

The program seeks to increase regional and global market reach via e-commerce by helping companies improve their products in terms of design and quality and develop new products suited to the needs of overseas markets, Farouk noted.

Banque Du Caire postpones floating shares on EGX due to COVID-19

Sun, 12 Apr 2020 - 06:08 GMT

This decision came due to the repercussions of the emergence of coronavirus globally and locally, and its impact on stock exchanges in all over the world.

Banque du Caire closes part of its headquarter as employee infected by COVID-19

Sun, 05 Apr 2020 - 03:15 GMT

The bank announced the commitment of all its employees to the self-isolation.

Banque du Caire wins bt100 award for best bank’s role in business growth

Tue, 03 Mar 2020 - 07:59 GMT

Banque du Caire has won the award of the best bank’s role in business growth and best brands strength at bt100 Awards.

EGX lists Banque du Caire LE3B- capital increase

Wed, 12 Feb 2020 - 05:19 GMT

EGX clarified in a statement that the capital increased to LE 5.25 billion, up from LE 2.25 billion.

Egypt to sell a 45% stake of Banque du Caire in the first half of 2020

Wed, 05 Feb 2020 - 10:46 GMT

The bank also is open to sell part of the stake to a foreign investor during the initial public offering (IPO), added Eletreby during an event late on Monday.

Banque du Caire to sell stake on stock exchange in Q1 2020

Mon, 09 Dec 2019 - 12:29 GMT

Chairman and CEO of Banque du Caire Tarek Fayed on Sunday announced that a share of 30-40% will be put for sale on the stock market in the first quarter of 2020.

MSME, Banque du Caire sign contract on Bedayati 4 project

Sat, 26 Oct 2019 - 09:27 GMT

Chairman of Banque du Caire Tarek Fayed and Executive Director of Micro, small and medium-sized enterprises (MSME) Development Agency Nevein Gamea signed a contract on "Bedayati-4" project