Cairo - Mubasher: Banque du Caire has submitted documents to the Egyptian Exchange (EGX) to list the shares for increasing its issued and paid-up capital to EGP 30.50 billion from EGP 20.50 billion.
The capital raise is valued at EGP 10 billion, according to a bourse filing.
The Egyptian lender aims to increase the capital through 5 billion shares at a nominal value of EGP 2 per share.
It is worth noting that the capital raise amount is fully paid in cash through a bank deposit certificate.
Meanwhile, the submitted documents are currently under review and will be finalized for presentation to the EGX Listing Committee.
During 2025, Banque du Caire logged higher consolidated net profits after tax at EGP 16.06 billion, compared with EGP 12.30 billion a year earlier.
