Banque Du Caire (BQDC)

Cairo – Mubasher: Qalaa Holdings has signed an agreement to settle debt with five banks to settle around EGP 13.45 billion in debt. The first agreement was signed with Banque Misr, Banque du Caire, Arab African International Bank, and Al Ahli Bank …

Cairo – Mubasher: Banque du Caire registered net profits after tax valued at EGP 6.66 billion in 2023, an annual leap of 112.77% from EGP 3.13 billion. Net interest income hiked to EGP 17.78 billion last year from EGP 12.79 billion in 2022, …

Cairo – Mubasher: Moody's Ratings has affirmed all ratings and assessments of five major Egyptian banks, changing the outlook of their long-term deposit ratings from negative to positive. The rating agency affirmed the Caa1 long-term deposit …

Cairo – Mubasher: Banque du Caire is set to receive a financing package of $50 million (EUR 46 million) from the European Bank for Reconstruction and Development (EBRD), according to a press release. The EGX-listed lender will use the investment …

Cairo – Mubasher: Banque du Caire posted higher net profits after tax at EGP 4.54 billion in the first nine months (9M) of 2023, compared to EGP 2.89 billion in 9M-22. Net interest income surged year-on-year (YoY) to EGP 12.41 billion in the …

Cairo – Mubasher: Banque du Caire logged standalone net profits after tax valued at EGP 2.59 billion in the first half (H1) of 2023, an annual rise from EGP 1.84 billion a year earlier. The net interest income reached EGP 7.97 billion in H1-23, …

Cairo – Mubasher: The standalone net profits after tax of Banque du Caire amounted to EGP 1.03 billion in the first quarter (Q1) of 2023, higher than EGP 804.49 million in Q1-22. Net interest income enlarged to EGP 3.94 billion during Q1-23 from …

Cairo – Mubasher: Banque du Caire announced launching the Gold annual savings certificate for a period of one year with a return rate of 25%, disbursed upon maturity, and 22.50% paid monthly. The certificates will be available for purchase for a …

Cairo – Mubasher: Banque du Caire reported net profits of EGP 2.90 billion by the end of the third quarter (Q3) of 2022, up 7% when compared to EGP 2.70 billion in the same quarter in 2021, Akhbar El-Yom reported. The bank's net income from …

Cairo – Mubasher: Banque du Caire concluded the establishment of the Cairo Exchange Company with an authorised capital of EGP 250 million and an issued and paid-up capital of EGP 100 million, after obtaining the Central Bank of Egypt’s (CBE) …

Cairo – Mubasher: The Financial Regulatory Authority (FRA) has approved for Banque du Caire to extend the deadline for completing the offering and listing procedures until 31 March 2023. The FRA stressed that the bank must complete the required …

Cairo – Mubasher: Banque du Caire has logged standalone net profits after tax worth EGP 1.84 billion during the first half (H1) of 2022, compared to EGP 1.81 billion in H1-21. The earnings per share (EPS) edged up to EGP 0.70 in the first six …

Cairo – Mubasher: The Central Bank of Egypt (CBE) has approved for Banque du Caire to launch the Telda prepaid card, Ahram Gate reported. Tarek Fayed, Chairman and CEO of Banque du Caire, noted that this step comes in line with the bank’s …

Cairo - Mubasher: Banque du Caire has invested $82 million in African Export-Import Bank (Afreximbank), raising the total value of the bank's investments in Afreximbank to around $115 million, the Middle East News Agency (MENA) reported. The …

Cairo – Mubasher: Banque du Caire has achieved standalone net profits of more than EGP 800 million during the first quarter (Q1) of 2022, Ahram Gate reported on Monday. The total operating revenues rose by 14% to EGP 3.50 billion in Q1-22 from EGP …

Cairo – Mubasher: The Egyptian Exchange (EGX) has announced a block trading deal valued at EGP 6.97 billion on the shares of Banque du Caire. The block deal was executed on 1.12 billion of the bank's shares, according to a bourse filing on …

Cairo – Mubasher: Banque du Caire’s net profits after tax stood at EGP 3.60 billion in 2021, a 15% growth from EGP 3.20 billion in 2020, Ahram Gate reported. Meanwhile, the state-run bank witnessed a year-on-year (YoY) increase of 20% in net …

Cairo – Mubasher: State-run Banque du Caire has signed a memorandum of understanding (MoU) with Tamweely Microfinance to provide microenterprises business owners with digital payment and collection services, Ahram Gate reported on Tuesday. The new …

Cairo – Mubasher: The net profits of Banque du Caire rose by 7% to EGP 2.7 billion by the end of the third quarter (Q3) of 2021, compared to EGP 2.5 billion in the year-ago period, the Middle East News Agency (MENA) reported. The bank's net income …

Cairo – Mubasher: The Central Bank of Egypt (CBE) announced that the National Bank of Egypt (NBE), Banque Misr, and Banque du Caire are planning to launch a fund to support financial technology startups with a minimum capital of EGP 1 billion in …

Cairo – Mubasher: Banque du Caire reported standalone net profits at EGP 1.8 billion in the first half (H1) of 2021, up by 7% year-on-year (YoY) from EGP 1.7 billion.  The bank's net interest income exceeded EGP 5 billion in the six-month period …

Cairo – Mubasher: The Egyptian Electricity Transmission Company (EETC) signed a syndicated loan contract worth EGP 4 billion with the National Bank of Egypt (NBE), Commercial International Bank-Egypt (CIB), Banque du Caire, and the National Bank …

Cairo - Mubasher: Banque du Caire reported net profits of EGP 1 billion during the first quarter (Q1) of 2021, up by 20% year-on-year (YoY) from EGP 0.8 billion in Q1-20, the standalone financial results showed on Saturday.  The profit growth was …

Cairo – Mubasher: The Chairman of Suez Canal Economic Zone (SCZone), Yehia Zaki, signed a long-term syndicated loan agreement with a consortium led by the National Bank of Egypt (NBE) as the senior mandated lead arranger, facility agent, and …

Cairo – Mubasher: Capital Intelligence Ratings (CI Ratings) has affirmed Banque du Caire’s credit rating at B + with a stable outlook, which is the highest credit rating given by the credit rating agency to an Egyptian bank, the Chairman and CEO …