Banque du Caire S.A.E. officially commenced trading of its shares on the Egyptian Exchange (EGX) under the ticker symbol (BQDC), following the successful completion of its initial public offering (IPO), marking a significant milestone in the Bank’s longstanding history and its presence in Egypt’s financial and banking sectors.
The offering comprised 6,862,500,000 existing ordinary shares, representing 45% of the Bank’s issued share capital, at a final offer price of EGP 5.30 per share. The same price was adopted as the reference price for the commencement of trading on the Egyptian Exchange.
The listing represents a strategic development for Banque du Caire, providing an opportunity to expand its shareholder base, strengthen its position in the Egyptian banking market, and reinforce transparency and corporate governance practices.
Prime Minister and Central Bank Governor Attend Trading Commencement Ceremony
The Egyptian Exchange hosted the official bell-ringing ceremony marking the commencement of trading in Banque du Caire’s shares, attended by H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt; Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE); Dr. Islam Azzam, Chairman of the Financial Regulatory Authority (FRA); Mr. Omar Radwan, Chairman of the Egyptian Exchange; and Mr. Hashem El Sayed Fayed, Assistant to the Prime Minister and Head of the State-Owned Companies Unit (Government IPO Unit).
The ceremony also brought together senior representatives of the Central Bank of Egypt and relevant government and regulatory authorities, alongside prominent leaders from the banking sector.
Representatives of the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) also attended, together with senior executives from Banque Misr and the National Bank of Egypt, representatives of financial institutions, transaction advisers, and members of the teams involved in the offering from Banque Misr and Banque du Caire.
EGP 36.37 Billion Offering and EGP 80.83 Billion Market Capitalization
The offering was valued at approximately EGP 36.37 billion, while Banque du Caire’s market capitalization reached approximately EGP 80.83 billion at the commencement of trading, based on the final offer price of EGP 5.30 per share.
The transaction represents a significant development in the Egyptian capital market, expanding investment opportunities and introducing Banque du Caire’s shares to a broader base of investors through the Egyptian Exchange.
Hussein Abaza: EGX Listing Marks a Strategic Milestone in the Bank’s History
Commenting on the occasion, Mr. Hussein Abaza, Managing Director and Chief Executive Officer of Banque du Caire, expressed his pride in the commencement of trading of the Bank’s shares on the Egyptian Exchange.
He emphasized that the listing represents an important milestone in the Bank’s journey of more than seven decades, reflecting investors’ confidence in its strong financial position, business performance, and future growth prospects.
Abaza stated that the commencement of trading opens new horizons for strengthening the Bank’s position in the Egyptian banking market, expanding its shareholder base, and further reinforcing the principles of transparency and corporate governance.
He added that Banque du Caire remains committed to executing its strategic plans, enhancing operational efficiency, developing its banking products and services, and achieving sustainable growth while creating long-term value for its shareholders.
He further highlighted that the successful completion of the offering demonstrates investors’ confidence in the Bank’s performance and growth potential, reaffirming its commitment to strengthening its competitive position and delivering an enhanced banking experience that meets the evolving needs of its diverse customer base.
Banque du Caire Records EGP 16.1 Billion in Net Profit During 2025
Banque du Caire’s financial performance reflects the strength of its financial position and its capacity to sustain growth across its business activities.
During 2025, the Bank recorded operating income of EGP 42.5 billion and net profit of EGP 16.1 billion, while return on average equity (ROAE) reached 29.7%.
These financial indicators highlight the Bank’s profitability and operational performance, supporting its ability to pursue strategic expansion plans and further develop its banking services.
EGP 8.9 Billion Net Profit in the First Half of 2026
During the first half of 2026, Banque du Caire reported net profit of EGP 8.9 billion, while its net interest margin (NIM) reached 7.4%.
The Bank’s total assets stood at EGP 561.2 billion, while its capital adequacy ratio (CAR) reached 22.1% as of June 30, 2026.
These indicators demonstrate the scale of the Bank’s financial position and its capital strength, providing a foundation for supporting its banking activities and future growth ambitions.
3.2 Million Customers Served Through 233 Branches and More Than 2,205 ATMs
Banque du Caire serves approximately 3.2 million customers through an extensive banking network comprising 233 branches and more than 2,205 automated teller machines (ATMs) across Egypt.
This extensive geographical presence enables the Bank to provide banking products and services to a wide range of customer segments, including individuals and businesses, while supporting financial accessibility across different regions of the country.
The Bank continues to focus on developing its service channels and enhancing its banking solutions to meet changing customer expectations and the evolving needs of the Egyptian market.
Banque du Caire Continues Its Banking Legacy Since 1952
Established in 1952, Banque du Caire has maintained an active role in supporting the Egyptian economy and serving the financial needs of individuals and businesses for more than seven decades.
Building on its longstanding banking experience, extensive branch network, and established market presence, the Bank continues to pursue the development of its financial products and services while strengthening its contribution to Egypt’s banking sector.
The commencement of trading on the Egyptian Exchange marks a new chapter in Banque du Caire’s corporate journey, reinforcing its position in the financial market and supporting its long-term strategic objectives.
