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Banque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance
Egyptian MSMEs will have access to USD 50 mn worth of financing through Banque du Caire, which is getting a…
State banks eye stakes in new futures exchange ahead of potential listing
The National Bank of Egypt, Banque Misr, Banque du Caire, and United Bank are reportedly interested in a piece of…
Banque du Caire’s IPO could happen by year-end
State-owned Banque du Caire’s IPO could materialize by the end of the year, with the lender postponing its plans to…
Also on our radar on 22 February 2021
The Suez Canal Authority (SCA) is borrowing USD 100 mn from a syndicate of four local banks to finance ongoing…
NI Capital’s money market fund closes early on huge investor demand
Siula, NI Capital’s money market fund, was more than 21x oversubscribed when it closed yesterday, attracting EGP 1.075 bn of…
Last Night’s Talk Shows on 15 February 2021
The airwaves were awash with coverage of the government’s plans for the second term of the academic year, with each…
Marked safe from covid: Banque du Caire’s loan book
State-owned Banque du Caire (BdC) hasn’t seen a large rise in defaults despite covid-19, according to figures given by Chairman…
State-owned giants eyeing investment banks?
Are state-owned banks making a play for some of the country’s leading investment banks? CI Capital shares soared more than…
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