Banque du Caire has announced its intention to list 30% of its capital on the Egyptian Stock Exchange.
This will be done by selling 4.575 billion existing shares owned by Banque Misr. The Banque du Caire offering includes a public tranche for subscribers inside Egypt, as well as a private tranche for qualified investors locally and in international markets.
The bank explained that the subscription process is expected to be completed near the end of October 2026, with share trading set to begin during November.
These dates remain contingent on completing regulatory approvals, including approval of the offering prospectus and listing of the shares.
Hussein Abaza, Managing Director and CEO, said the step represents an important milestone in the bank’s history, which spans more than 70 years.
The bank also selected CI Capital and EFG Hermes to coordinate the offering and manage the subscription book.
Banque du Caire’s profits and financial indicators
In parallel, the bank achieved net profits of 8.9 billion Egyptian pounds during the first half of 2026.
Net interest income reached 18.8 billion pounds, while commissions and fees totaled 3.4 billion pounds.
By the end of June, its assets had reached 561.2 billion pounds, deposits stood at 443.9 billion pounds, and total loans reached 280.3 billion pounds.
The capital adequacy ratio also stood at 22.1%.
As part of the transformation program launched in 2018, the share of low-cost accounts rose to 53.4%, and the net interest margin improved to 7.4%.
Meanwhile, the cost-to-income ratio declined to 35.9%, and non-performing loans fell to 3.7%.
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