Banque Du Caire

US dollar exchange rate stable during Sunday trading
Economy

US dollar exchange rate stable during Sunday trading

The US dollar exchange rate has been stable during Sunday trading. The purchasing rate at the National Bank of Egypt and Banque…
Egypt to offer shares of AAIB and Banque du Caire on bourse
Business

Egypt to offer shares of AAIB and Banque du Caire on bourse

Egypt will offer a 40 percent stake in Arab African International Bank (AAIB) and 20 percent of Banque du Caire…
Banque Du Caire arranges LE3 bn syndicated loan to Misr Petroleum and the Petroleum Cooperative Society
Business

Banque Du Caire arranges LE3 bn syndicated loan to Misr Petroleum and the Petroleum Cooperative Society

Banque Du Caire has arranged an LE3 billion syndicated loan to Misr Petroleum and the Petroleum Cooperative Society in order…
Egyptian banks bring in dollars from abroad to meet local demand
Business

Egyptian banks bring in dollars from abroad to meet local demand

Egyptian banks have resorted to drawing on balances from abroad to meeting the growing domestic demand for US currency in…
Government restructures boards of public banks
Business

Government restructures boards of public banks

Prime Minister Essam Sharaf has issued a resolution to restructure the boards of state-owned banks on 25 September 2011 for…
Banque du Caire negotiates US$2 bn loan for petroleum sector
Business

Banque du Caire negotiates US$2 bn loan for petroleum sector

Banque du Caire has started negotiations with Petroleum Export Limited to secure a US$2 billion loan to finance imports of…
Govt banks struggle to diminish debt portfolios
Business

Govt banks struggle to diminish debt portfolios

Government banks are increasing efforts to cut down the size of customers' overdue debt portfolios and bridge the gap in…
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