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Banque du Caire sees EGP 6.97bn block deal

Banque du Caire sees EGP 6.97bn block deal
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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 Thursday.

It is noteworthy to mention that in 2021, the bank's net profits after tax amounted to EGP 3.60 billion, up 15% from EGP 3.20 billion in 2020.