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2026-11-02T15:30:12.000Z

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EBRD, IFC Invest $200M

EBRD, IFC Invest $200M

The European Bank for Reconstruction and Development and the International Finance Corporation are each investing $100 million in the initial public offering of Banque du Caire, for a total of $200 million. The offering includes listing 45% of the bank’s ordinary shares on the Egyptian Exchange, supporting the privatization program, deepening capital markets, and increasing private-sector participation. The EBRD will also provide Banque du Caire with technical assistance in digital transformation, cybersecurity, and environmental and social risk management.

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