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Suez Canal Bank ASE (CANA)

Last update: 01:12 PM market time.
13.42
-0.54
-3.87%
Open 13.96
Previous Close 13.96
High 13.80
Low 13.10
Stock Statistics
Volume 38,124
Turnover 516,338.38
All data are 15 minutes late during market session

News

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3 March 10:54 AM Suez Canal Bank registers higher profits in 2023, capital hike proposal
Cairo – Mubasher: Suez Canal Bank achieved EGP 2.29 billion in net profit after tax during 2023, an annual growth from EGP 1.04 billion. Net interest income amounted to EGP 3.24 billion as of 31 December 2023, marking a year-on-year (YoY) hike …
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5 February 11:24 AM Allianz Egypt partners with Suez Canal Bank to foster bancassurance services
Cairo - Mubasher: Allianz Life Assurance Company Egypt penned a five-year partnership agreement with Suez Canal Bank to boost the company’s bancassurance services.  The deal covers life insurance services to enable the firm to meet the clients’ …
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15 November 2023 00:35 PM Suez Canal Bank’s profits leap to EGP 1.35bn in 9M-23
Cairo – Mubasher: Suez Canal Bank generated net profits after tax worth EGP 1.35 billion in the first nine months (9M) of 2023, versus EGP 734.75 million in 9M-22. Net interest income enlarged year-on-year (YoY) to EGP 2.33 billion in …
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17 August 2023 08:44 AM Suez Canal Bank generates EGP 628m profits in H1-23
Cairo – Mubasher: The consolidated net profits after tax of Suez Canal Bank EGP 628.04 million in the first half (H1) of 2023, an annual hike from EGP 267.83 million. The net interest income soared to EGP 1.48 billion in H1-23 from EGP 825.77 …
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27 July 2023 00:35 PM FRA greenlights Suez Canal Bank’s capital raise
Cairo – Mubasher: The Financial Regulatory Authority (FRA) granted its nod for Suez Canal Bank to proceed with the capital raise measures.    The EGX-listed lender plans to increase its issued and paid-up capital by EGP 400 million to EGP 5 …
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30 May 2023 03:07 PM Suez Canal Bank’s net profits near EGP 251m in Q1-23
Cairo – Mubasher: Suez Canal Bank generated EGP 250.86 million in net profit after tax during the first quarter (Q1) of 2023, an annual leap from EGP 96.27 million. The lender posted net income amounting to EGP 707.24 million during the …
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1 March 2023 01:33 PM Suez Canal Bank registers over EGP 1bn profits in 2022; bonus shares unveiled
Cairo – Mubasher: The net profits after tax of Suez Canal Bank hiked to EGP 1.04 billion in 2022, compared to EGP 604.67 million in 2021. The interest income amounted to EGP 1.89 billion during January-December 2022, an annual growth from EGP 1.52 …
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17 November 2022 02:51 PM Suez Canal Bank posts 95% higher profits in 9M-22
Cairo – Mubasher: Suez Canal Bank posted a 94.90% leap in its net profits during the first nine months (9M) of 2022 at EGP 734.75 million, compared to EGP 376.97 million in the year-ago period. Earnings per share (EPS) recorded EGP 2.23 in 9M-22, …
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15 August 2022 02:27 PM Suez Canal Bank’s profit rises to EGP 267.8m in H1-22
Cairo – Mubasher: Suez Canal Bank posted a net profit of EGP 267.83 million during the first half (H1) of 2022, up from EGP 240.83 million in the corresponding period in 2021.  Earnings per share (EPS) came in at EGP 0.81 in H1-22, compared to EGP …
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31 May 2022 04:48 PM Suez Canal Bank's profits retreat in Q1-22
Cairo – Mubasher: Suez Canal Bank has recorded net profits of EGP 96.27 million in the first quarter (Q1) of 2022, lower than EGP 115.71 million. The net interest income went up to EGP 451.83 million in the January-March period of 2022, compared …
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27 March 2022 11:22 AM Suez Canal Bank's OGM nods to capital raise via bonus shares
Cairo – Mubasher: The ordinary general meeting (OGM) of Suez Canal Bank has approved to raise capital via a bonus share issuance of EGP 695.67 million or 0.23 shares for every original share. The issued capital will increase to EGP 3.6 billion …
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20 February 2022 00:38 PM Suez Canal Bank sees higher profits; bonus shares proposed
Cairo – Mubasher: The net profits of Suez Canal Bank increased to EGP 604.67 million in 2021, compared to EGP 601.64 million in the earlier year. The bank's net interest income rose to EGP 1.52 billion last year from EGP 1.55 billion in 2020, …
The bank's net interest income edged up to EGP 763.5 million
15 August 2021 03:29 PM Suez Canal Bank's profit rises 7.5% in H1-21
Cairo – Mubasher: Suez Canal Bank achieved net profits of EGP 240.84 million in the first half (H1) of 2021, an increase of 7.5% year-on-year (YoY) from EGP 223.9 million. The bank's net interest income edged up to EGP 763.5 million in the …
Net income from interest, fees, and commissions rose to EGP 439.61 million
11 May 2021 10:56 AM Suez Canal Bank reports EGP 116m profit in Q1
Cairo – Mubasher: Suez Canal Bank generated EGP 115.72 million in net profits during the first quarter (Q1) of 2021, slightly up from EGP 114.35 million in the year-ago period. The bank’s net income from interest, fees, and commissions increased …
The NBE will contribute 44.5% to the funding
11 April 2021 03:47 PM SCZone inks EGP 10bn syndicated loan agreement with six banks
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 …
The transaction involved the sale of 2.29 million shares
8 April 2021 04:44 PM Suez Canal Bank cuts stake in Mohandes Insurance for EGP 33m
Cairo – Mubasher: Suez Canal Bank reduced its stake in Mohandes Insurance to 0.00007% from 3.06%. The transaction involved the sale of 2.29 million shares for EGP 33.33 million, averaging EGP 14.55 per share, according to a statement to the …
The bank’s issued capital will be increased to EGP 2.9 billion
1 April 2021 11:51 AM Suez Canal Bank's shareholders approve issuing bonus shares
Cairo – Mubasher: The ordinary general meeting (OGM) of Suez Canal Bank approved the issuance of bonus shares worth EGP 704.32 million or EGP 0.32 per share. Accordingly, the bank’s issued capital will be increased to EGP 2.9 billion from EGP 2.2 …
The bank approved a one-for-10 bonus issue
31 March 2021 00:11 PM EGX approves listing capital raise shares of Suez Canal Bank
Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved the listing of capital raise shares of Suez Canal Bank. The bank’s issued and paid-up capital will be raised to EGP 2.2 billion from EGP 2 billion through the issuance of …
The bank's issued capital will be raised to EGP 2.9 billion
15 March 2021 04:34 PM Suez Canal Bank gets FRA's approval for EGP 704m capital raise
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved the publication of a disclosure form submitted by Suez Canal Bank to increase its issued capital. The form includes the board’s decision to raise its issued capital to …
The bank’s net interest income rose to EGP 1.55 billion
22 February 2021 10:50 AM Suez Canal Bank's profit up 11% in 2020
Cairo – Mubasher: Suez Canal Bank reported an 11% year-on-year (YoY) growth in its net profits, logging EGP 601.66 million in 2020, compared to EGP 542.2 million a year earlier. The bank’s net interest income rose to EGP 1.55 billion last year …
Net interest income increased to EGP 1.16 billion
15 November 2020 04:35 PM Suez Canal Bank's profit inches down in 9M
Cairo – Mubasher: Suez Canal Bank achieved net profits of EGP 355.988 million in the first nine months of 2020, slightly down from EGP 364.41 million in the year-ago period. The bank’s net interest income increased to EGP 1.16 billion in the …
City Edge is developing several projects in Sheikh Zayed, New Alamein, and New Mansoura
12 August 2020 03:59 PM City Edge, Suez Canal Bank sign mortgage funding protocol
Cairo – Mubasher: City Edge Developments signed a protocol of cooperation with Suez Canal Bank as part of the Central Bank of Egypt (CBE) initiative for providing various mortgage financing plans. The first plan includes a mortgage finance for …
The lender aims to strengthen its capital base
1 June 2020 04:46 PM Suez Canal Bank completes Midor stake sale for $30.6m
Cairo – Mubasher: Suez Canal Bank announced the sale of its 1.27% stake in Middle East Oil Refinery Co (Midor), representing 560,000 fully-paid shares.   The stake was sold to the major shareholder Egyptian General Petroleum Corporation (EGPC) for …
The bank’s net profits fell to EGP 114.35 million
14 May 2020 02:06 PM Suez Canal Bank’s profit drops 11% in Q1-20
Cairo – Mubasher: The consolidated financial statements of Suez Canal Bank reported an 11% year-on-year (YoY) decline in its net profits during the first quarter of 2020. The bank’s net profits fell to EGP 114.35 million in the January-March …
The FV of Midor’s stock has been set at $47.73
14 May 2020 01:58 PM Suez Canal Bank approves Midor’s FV assessment ahead of exit
Cairo – Mubasher: The board of directors of Suez Canal Bank approved a fair value (FV) assessment of the Middle East Oil Refinery Co’s (Midor) stock ahead of its exit from the company. The FV of Midor’s stock has been set at $47.73, according to a …