Banque du Caire has announced that the Cabinet has approved offering a stake of between 30% and 45% of the bank's shares on the Egyptian Exchange, under a decision issued at the Cabinet's session No. 116 held on October 22, 2026.

A letter addressed to the Financial Regulatory Authority (FRA) explained that the approval is part of the procedures for offering a stake in Banque du Caire, in coordination with its owner, Banque Misr.

The letter noted that the FRA will complete the procedures related to the offering, in coordination with the competent authority at the owning entity.

The decision is part of the procedures for offering a stake in Banque du Caire on the Egyptian Exchange, which will allow investors to invest in the bank's shares once the necessary procedures are complete.

Banque du Caire S.A.E. has announced that it closed the receipt of purchase orders in the private placement tranche on 23/10/2026, with the tranche oversubscribed 6.0 times. Excluding the shares allocated to qualified investors previously disclosed on October 19 and October 23, 2026, the private placement tranche would be oversubscribed 19.8 times. The results of this tranche under the book-building mechanism also set the final price of Banque du Caire S.A.E. shares at EGP 5.30 per share.