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EGP 50 Million Capital

EGP 50 Million Capital latest

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

The Chairperson and Chief Executive Officer of Banque du Caire Tarek Fayed, said that the bank is ready to be floated on the Egyptian Exchange (EGX) at any time, following the completion of its restructure and achieving strong results by the end of the first half (H1) of this year.
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