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BdC first Egyptian bank to snag CBE-regulated e-signature license
BdC acquires the Egyptian banking sector’s first CBE-regulated e-signature license: State-owned Banque du Caire (BdC) was granted the first license…
Four state-owned banks to launch EGP 1 bn fund in 4Q2021
The EGP 1 bn fund of funds which is expected to be launched by Egypt’s biggest state banks will launch…
Also on our radar on 13 July 2021
Other things we’re keeping an eye on this morning: Abu Dhabi Islamic Bank Egypt will set up a company to…
BdC net income up 20% in 1Q2021
Banque du Caire’s (BdC) net income rose 20% y-o-y in 1Q2021 to EGP 1 bn, up from EGP 838 mn…
NBE, Banque Misr, BdC to launch EGP 1 bn fund of funds targeting SMEs
A consortium of the National Bank of Egypt , Banque Misr and Banque du Caire are planning to launch a…
Four companies to IPO in 2H2021?
The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman…
A deadline for companies that haven’t pulled the trigger on their IPOs
BdC is one of at least four companies that now face a year-end deadline to go public. The news comes…
State banks get plenty of funding from global lenders
Banque du Caire (BdC) signed a financing agreement worth USD 200 mn with the African Export-Import Bank (Afreximbank), chairman and…
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