Techno Time

Banque du Caire Announces the Commencement of Trading of Its Shares on the Egyptian Exchange

Monday 2 November 2026 19:26
Banque du Caire
Banque du Caire

Banque du Caire S.A.E. (“Banque du Caire” or the “Bank”), one of Egypt’s leading commercial banks, announced the commencement of trading of its shares on the Egyptian Exchange (EGX) under the ticker symbol BQDC. This follows the completion of the Bank’s initial public offering (IPO) of 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, which also serves as the reference price for the commencement of trading.

The Egyptian Exchange (EGX) hosted the 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 was also attended by senior representatives of the CBE and relevant regulatory and government authorities, leaders of the banking sector, representatives of the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC), senior executives of Banque Misr and the National Bank of Egypt, representatives of financial institutions and transaction advisers, as well as members of the teams from Banque Misr and Banque du Caire.
The offering was valued at approximately EGP 36.37 billion, while the Bank’s market capitalization at the commencement of trading stood at approximately EGP 80.83 billion, based on the final offer price of EGP 5.30 per share.

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 EGX, affirming that this step represents an important milestone in the Bank’s journey of more than seven decades and reflects investor confidence in its strong financial position and growth potential.

Mr. Abaza added: “The commencement of trading of Banque du Caire’s shares represents a significant strategic milestone in the Bank’s journey. It opens new horizons for strengthening our position in the Egyptian banking market, broadening our shareholder base, and further embedding the principles of governance and transparency. We look forward to continuing to execute our strategy, enhancing operational efficiency, developing our products and services, and delivering sustainable growth and long-term value for our shareholders.”

He further noted that the success of the offering reflects investors’ confidence in the Bank’s performance and growth prospects, and reaffirmed Banque du Caire’s commitment to achieving its strategic objectives, strengthening its competitive position, and delivering an enhanced banking experience that meets the evolving needs of its diverse customer base.
Banque du Caire’s strong financial indicators reflect the strength of its financial position and its capacity to sustain growth. In 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%.
During the first half of 2026, the Bank reported net profit of EGP 8.9 billion and a net interest margin (NIM) of 7.4%. Total assets stood at EGP 561.2 billion, while the capital adequacy ratio (CAR) reached 22.1% as at 30 June 2026.
Banque du Caire serves approximately 3.2 million customers through a network of 233 branches and more than 2,205 ATMs, reflecting its extensive geographical reach and its ability to provide banking services to diverse customer segments across Egypt.

Since its establishment in 1952, Banque du Caire has continued to play an active role in supporting the Egyptian economy and meeting its customers’ needs. Building on its longstanding experience and extensive network, the Bank remains committed to developing its banking services and solutions and strengthening its contribution to Egypt’s banking sector.