Egypt Approves Offering Up to 45% of Banque du Caire Through an IPO

On 28 October, Banque du Caire’s public offering closed with subscriptions reaching 27.08 times the available shares, following approval for the sale of up to 45% of the bank’s capital. The final offer price was set at EGP 5.30 per share, with the potential offering proceeds valued at approximately EGP 36.37 billion; the transaction remains subject to the required listing and regulatory procedures. HPC can support regulatory reporting, secure documentation and financial compliance analytics; contact HPC for a quotation tailored to your requirements.

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