Banque Du Caire to Offer 30% Stake to Public in Long-Awaited Listing
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9 Articles
Banque du Caire to Offer 30% Stake to Public in Long-Awaited Listing
Banque du Caire announced its plans on 11 October to sell 30 percent of its capital to the public, a long-anticipated move on the Egyptian Exchange that has been repeatedly postponed for years, according to an official statement from the bank. Banque Misr, the state-owned lender that holds the shares, will sell about 4.7 billion of them. The offering will be split into two tranches for qualified institutional investors and another for retail inv…
The Bank of Cairo announced its intention to put 30% of its capital on the Egyptian stock exchange, by selling the Bank of Egypt 4.575 billion shares, with the expectation that the book would be completed in late October and that trading would begin in November, subject to the approval of the R.
Bank Misr plans to divest 30% of the capital of Cairo Bank, i.e. 4.575 billion existing shares, as part of a stock market introduction expected in November, according to a notice published by the bank. The transaction remains subject to regulatory authorizations. The offer includes an investment for institutional and qualified investors, in Egypt and in...
Cairo, 12 October 2026, declared the Cairo Bank S.M. (Cairo Bank or Bank) one of the largest Egyptian banks with a history of more than 70 years, its intention to proceed with a general presentation of its regular shares (the initial general introduction or subtraction) on the Egyptian exchange. It is expected that it will be subtracted through the sale of Egypt Bank S.M. (the seller's shareholder) for 4,575,000 [...] <p>The post Bank Cairo anno…
In his statement, the Bank of Cairo announced its intention to raise its shares on the Egyptian stock exchange.
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