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Banque du Caire aims for 10-12% growth in loan portfolio by year’s end: Financial Sector manager
The bank aims to increase its deposit portfolio to EGP 91bn, says Ismail
Banque du Caire aims to become the strongest bank supporting SMEs: CEO
Banque du Caire seeks to become the strongest bank operating in the Egyptian market in the field of small- and medium-sized enterprises financing (SMEs), according to Mounir El-Zahid, CEO and chairperson of the bank. El-Zahid said that the bank has considerable experience in financing these projects. It has created a separate department for SMEs, trained …
Banque du Caire to remain under state control after increasing its capital by 20% on EGX: chairperson
The bank will continue its role in serving the economy, even after the government’s stake in it is reduce
Banque du Caire profits increase by EGP 690m in 2015: El-Zahid
All of the bank’s profits resulting from real operations, not the product of asset sales, says chairperson
Banque Du Caire allocates EGP 1.5bn to finance SMEs over 6 months: bank chairperson
SMEs define the future policy of the banking sector
Banque Du Caire finances the purchase of 6,229 housing units for low- and middle-income individuals by end of May
The bank contributes EGP 6.5bn in the syndicated loan arranged for the benefit of the Social Housing Fund, says El-Zahid
Public banks stop selling their 15% interest certificates on Sunday
The three state-owned banks have begun offering these certificates in mid-March 2016
Banque Du Caire to invest EGP 700m in transport, electricity sectors: chairperson
The bank will focus on the energy and transport sectors in part due to the large social impact and for their alignment with the government’s development plans, according to al-Zahid
No serious steps taken so far to sell United Bank, offer shares of AAIB, Banque du Caire in IPO: CBE deputy governor
This issue is still being studied, and we are coordinating with Kuwait regarding the AAIB, says Negm
Panama Papers expose the Mubaraks, tycoons and banks
Some tax haven countries come ahead of European and Gulf countries as top investors in Egypt, says former top tax official
CBE, international institutions begin assessing AAIB, Banque du Caire in preparation for IPO
Timing, price, and promotion are important factors for a successful launch on the EGX, says financial analyst
Banque du Caire aims to inject EGP 2bn into SMEs during 2016: Chairperson
El-Zahid said the bank has been supporting these projects for more than 10 years, and the loans directed to them represent 5% of the bank’s loans portfolio
Foreign deposits, withdrawals balance out at banks on Wednesday, Thursday
Approximately $8m exited one of the largest banks following CBE decision to cancel cap on foreign currency withdrawals and deposits
‘Belady’ euro certificates offered to Egyptians in Europe
These certificates are similar to the ‘Belady’ dollar certificates that the three banks offered at the beginning of March.
Government banks issue domestic US dollar bond certificates and prepare international euro bond certificates
NBE, Banque Misr, Banque du Caire will offer three-year certificate to Egyptians living within the country and five-year certificate to those living in Europe
Government banks issue CDs to domestic market in US dollar
NBE, Banque Misr, Banque du Caire will offer three-year CD to Egyptians living within the country and five-year CD to those living in Europe
NBE, Banque du Caire, Banque Misr to accept subscriptions of Egyptians expats to ‘Bilady’ dollar certificate starting Tuesday
Minister of Immigration and Egyptian Expatriate Affairs Nabila Makram said that the bond certificate is a response to calls from Egyptians living abroad to have a high yield bond certificate that can also bolster Egypt’s economy
NBE, Banque Misr, Banque Du Caire to launch ‘Bilady’ certificates for Egyptians abroad
Certificate will be issued in dollars with three and five-year maturation periods and yields ranging between 3.5% – 5%
Banque du Caire conducts study of EGP 1.5bn investment
The bank invested EGP 1.4bn in projects related to electricity, housing, food industries, says El-Zahid
Banque Du Caire offers youth electronic shopping card
The card is one of the bank’s many products that aim at achieving financial inclusion, says Chairman El-Zahid
6 banks exempted from applying maximum wage
Six other banks await a judicial ruling for exemption
Banque du Cairo wins first place in return on capital ranking for MENA banks
These ratings continue the series of advanced places the bank achieved over the past three years. It won first place in the return on capital ranking in the MENA region in 2013 and 2014.
Banque du Caire increases branches, banking units to 231
Bank opened six new branches and banking units, plans to expand in about eight governorates
Banque du Caire launches product to combine advantages of insurance, savings
Clients will also be able to borrow money, and issue credit cards that have a maximum of 80% of the total account balance with facilitated terms.
Egyptian government keen to improve investment environment: Banque du Caire Chairman
As economy witnesses improvements, economically important projects in several sectors represent financing opportunities for banks
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We need integrated marketing, media plan to reassure investors, attract more investments: El-Nahas
We should shed light on procedures Egyptian government recently udnertook to attract new investors and provide proper return on investment, says Banque du Caire official
Banque du Caire launches charity convoy for third consecutive year
Banque du Caire has continued its organisation of the charities convoy launched three years ago. According to the banks’ Chairman and CEO, Mounir El-Zahid, this year’s convoy was distributed among the governorates of Minya, Fayuom, Giza, Beni Suef, Qena and Luxor. El-Zahid explained that since the convoy was launched in 2013. The bank was keen …
Banque Du Caire funds purchase of 1,000 cars in 1 month
Banque Du Caire has launched new fund programmes, such as the used cars’ loan programme launched this month.
Banque Du Caire grants $60m to Egyptian Electricity Holding Company
Loan is $521m in total, and will be used in launching power plants of 2015 third emergency plan
Banque du Caire targets EGP 2bn increase for retail portfolio by end of 2015: Hussein
Cars possess 5% of the total bank funding for individuals, says Director of Retail Banking Sector