Banque du Caire has officially commenced trading its shares on the Egyptian Exchange (EGX) under the ticker symbol BQDC, following the successful completion of its initial public offering (IPO), marking a significant milestone in the Bank’s history.
The IPO comprised 6.8625 billion 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 EGX hosted a bell-ringing ceremony to mark the occasion, attended by Prime Minister Mostafa Madbouly, Central Bank of Egypt (CBE) Governor Hassan Abdalla, Financial Regulatory Authority (FRA) Chairman Islam Azzam, Egyptian Exchange Chairman Omar Radwan, and Hashem El Sayed Fayed, Assistant to the Prime Minister and Head of the State-Owned Companies Unit (Government IPO Unit).
The ceremony also brought together senior representatives of government and regulatory authorities, banking sector leaders, representatives of the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC), executives from Banque Misr and the National Bank of Egypt, financial institutions, transaction advisers, and teams from Banque Misr and Banque du Caire.
The offering was valued at approximately EGP 36.37 billion, while the Bank’s market capitalization stood at approximately EGP 80.83 billion at the commencement of trading, based on the final offer price.
Abaza: Listing Marks a Strategic Milestone in the Bank’s Journey
Commenting on the occasion, Hussein Abaza, Managing Director and Chief Executive Officer of Banque du Caire, expressed his pride in the commencement of trading, describing the listing as an important milestone in the Bank’s journey spanning more than seven decades. He noted that the move reflects investor confidence in the Bank’s financial position and growth potential.
Abaza said the listing opens new horizons for strengthening the Bank’s position in the Egyptian banking market, expanding its shareholder base, and reinforcing governance and transparency. He added that the Bank will continue implementing its strategy, improving operational efficiency, developing its products and services, and delivering sustainable growth and long-term value for shareholders.
He also highlighted that the success of the offering reflects investors’ confidence in the Bank’s performance and future prospects, reaffirming Banque du Caire’s commitment to achieving its strategic objectives, strengthening its competitive position, and providing banking services that respond to the evolving needs of its diverse customer base.
Banque du Caire Reports EGP 16.1 Billion Net Profit in 2025
The Bank’s financial indicators reflect the strength of its financial position and its capacity to sustain growth. In 2025, Banque du Caire 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 reached EGP 561.2 billion, while the capital adequacy ratio (CAR) stood at 22.1% as of June 30, 2026.
Banque du Caire serves approximately 3.2 million customers through a network of 233 branches and more than 2,205 ATMs, providing banking services to diverse customer segments across Egypt.
Established in 1952, Banque du Caire has played an active role in supporting the Egyptian economy and meeting customers’ banking needs. Building on its longstanding experience and extensive network, the Bank continues to focus on developing its banking services and solutions and strengthening its contribution to Egypt’s banking sector.
