EFG Hermes has been appointed Joint Global Coordinator and Joint Bookrunner for Banque du Caire’s proposed initial public offering (IPO) on the Egyptian Exchange (EGX).
The offering comprises 4.575 billion existing ordinary shares, representing 30% of Banque du Caire’s issued share capital, with an indicative price range of EGP 4.82 to EGP 5.30 per share. The transaction is expected to be conducted through a secondary sale by Banque Misr, with an estimated offering size of EGP 22.05 billion to EGP 24.25 billion.
The book-building period for the private offering is scheduled for October 19–23, 2026, while trading is expected to commence in early November, subject to regulatory approvals and changes to the indicative timetable.
CI Capital Investment Banking has been appointed Lead Global Coordinator and Joint Bookrunner for the offering.
