Banque du Caire looking to borrow USD 100 mn from int’l institutions

Banque du Caire is in talks for a USD 100 mn facility from international institutions during the first quarter of 2019, the bank’s chairman Tarek Fayed told Al Mal. The bank is also applying for a QR code license as part of its plans to provide mobile banking services in 1Q2019, Fayed added.