Banque Misr | Al Bawaba

Banque Misr latest

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)

October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

The Chairperson and Chief Executive Officer of Banque du Caire Tarek Fayed, said that the bank is ready to be floated on the Egyptian Exchange (EGX) at any time, following the completion of its restructure and achieving strong results by the end of the first half (H1) of this year.

The exchange rate of the US dollar was relatively stable during transactions on Sunday. (Shutterstock)

September 11th, 2018 - 08:02 GMT

Egyptian Major Banks Report Stable Dollar Prices

The Commercial International Bank (CIB), Egypt’s largest listed bank, has banned withdrawal from all debit cards abroad and has set a purchasing limits depending on the type of card. (File photo)

September 19th, 2016 - 10:00 GMT

Egypt's overseas students feel the pinch of the country's hard currency crisis

Egyptia state-owned banks are likely to borrow from abroad in case its own resources of foreign exchange cease to cover the needs of its clients. (File Photo)

August 8th, 2016 - 05:00 GMT

Egypt's government banks rely on own resources for US dollars

Banque Misr is one of the top five banks in terms of assets’ size. (File photo)

May 8th, 2016 - 12:00 GMT

Egypt: Majority of banking assets held by five banks

The donations came from Banque Misr, the National Bank of Egypt (NBE), the Commercial International Bank (CIB), and the Banque du Caire. (File photo)

February 22nd, 2016 - 05:09 GMT

Egyptian banks donate $5.1M towards downtown Cairo redevelopment

Al Bawaba

January 18th, 2016 - 12:00 GMT

Egypt to receive $1.5B loan from China

Al Bawaba

November 30th, 2015 - 04:29 GMT

Sky high salaries: Egypt exempts six banks from maximum wage law

Al Bawaba

September 16th, 2014 - 02:12 GMT

That's more than a billion a day: Egypt raises $8.5 billion in total for Suez Canal expansion project

Internal debt is considered much more dangerous than foreign debt

June 12th, 2013 - 02:19 GMT

Egypt internal debt swells

The head of the Central Bank of Egypt is expected to leave his post by the end of this year

December 18th, 2012 - 09:28 GMT

A tough year at the office: Head of Egypt's central bank to resign by year end

The Egyptian central bank has struggled to support the currency since the revolution early last year

January 2nd, 2012 - 09:32 GMT

Revolutions take a heavy toll on profitability of Arab banks

Ashraf Sabry

September 7th, 2010 - 10:08 GMT

Over 400,000 customers make half a million transactions in first 6 months of Fawry network launch