Banque du Caire Announces EGP 36.37 Billion Offering; Trading to Begin on November 2

Banque du Caire announced that its share offering on the Egyptian Exchange (EGX) reached EGP 36.37 billion, valuing the bank at EGP 80.83 billion. The offering attracted strong investor demand, with total orders reaching EGP 255 billion.

The bank said the private placement tranche was approximately 6 times covered, while the public offering tranche was approximately 27.1 times covered, marking a significant milestone in its banking journey spanning more than seven decades.

According to the bank, the offering represents the largest private placement tranche by value in Egyptian pounds in the history of initial public offerings on the EGX, reflecting strong investor interest.

Trading in Banque du Caire shares on the Egyptian Exchange is scheduled to begin on November 2, 2026, under the ticker symbol “BQDC,” marking a new phase in the bank’s expansion and growth.