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Banque du Caire raises its interest rates by 1.5-2%

Banque du Caire decided to hike the interest rates offered on its saving vessels, including saving accounts and deposits by rates, between 1.5% and 2%. The bank also decided to introduce new savings vessels with a variable yield linked to the price of the corridor announced by the Central Bank of Egypt (CBE). Mounir El-Zahid, …

Daily News Egypt

Banque du Caire, Inmaa signs joint venture agreement to finance SMEs

Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small investors to expand, provide necessary liquidity to start their business
Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small investors to expand, provide necessary liquidity to start their business

Hossam Mounir

Banque du Caire in malls, youth centers, universities, and clubs

On the occasion of the Financial Inclusion Week, Banque du Caire is offering a number of promotions to attract a new segment of clients. The bank provided special facilities for the owners of small businesses, in addition to opening bank accounts with no administrative fees and no required minimum balance. The bank is also offering …

Hossam Mounir

The Egyptian Exchange approves Banque du Caire shares listing in EGX

The Egyptian Exchange (EGX) has announced their acceptance of  Banque du Caire’s application to list its shares in the EGX with a capital of EGP 2.25bn, distributed over 562.5m shares with a nominal value of EGP 4 per share in a statement on Wednesday. Tarek Amer, governor of the Central Bank of Egypt (CBE) has …

Mohamed Samir

Banque du Caire applies to list shares in EGX

The Egyptian Exchange (EGX) said in a statement on Wednesday that Banque du Caire applied to list its shares in the EGX with a capital of EGP 2.25bn, distributed over 562.5m shares with a nominal value of EGP 4 per share. The EGX added in a statement on its website that it is currently studying …

Daily News Egypt

Soha Soliman appointed deputy chairperson of Banque du Caire

Egypt’s cabinet issued a decree on 26 November appointing Soha Soliman, the former managing director of the Social Fund for Development (SFD), as deputy chairperson of Banque du Caire. Soliman succeeds Mohamed Taha in the position. Taha moved to take over as head of treasury at the Arab Banking Corporation. Soliman graduated from the faculty …

Hossam Mounir