17 / 9 / 2025 WED
Export Development Bank of Egypt (EXPA)
☑️ It has been decided to list shares increasing the bank’s issued and paid-up capital from EGP 9.9 billion to EGP 13.6 billion, an increase of EGP 3.7 billion, distributed over 370 billion shares (0.374 bonus shares for each original share), financed from retained earnings.
☑️ Note that the right to the bonus distribution is for share purchasers until the end of the trading session on Wednesday, September 17, 2024.
Faisal Islamic Bank of Egypt (FAIT)
☑️ It has been decided to list the shares increasing the bank’s issued and paid-up capital from USD 607,471,450 to USD 637,845,023, an increase of USD 30,373,573, distributed over 30,373,573 shares (0.05 bonus shares for each original share before the increase), with a nominal value of USD 1 per share, funded by shareholders’ share in dividends.
☑️ Note that the right to the bonus distribution is for share purchasers until the end of the trading session on Wednesday, September 17, 2024.
14 / 9 / 2025 SUNDAY
Faisal Islamic Bank of Egypt FAIT
✓ Financial period ending June 30, 2025 6M
Returns from participations, speculations, and similar revenues: EGP 12.9 billion
Sales revenues: EGP 3.1 billion
Net profit: EGP 1.4 billion
Earnings per share: EGP 2.15
✓ Financial period ending June 30, 2024 6M
Returns from participations, speculations, and similar revenues: EGP 10.6 billion
Sales revenues: EGP 2.9 billion
Net profit: EGP 6.9 billion
Earnings per share: EGP 11.2
☑️ The decrease in net profit was due to a decrease in other operating income, which primarily reflected the impact of the revaluation of foreign currency assets and liabilities, which decreased from EGP 5.8 billion to a loss of EGP 496.4 million
9 / 9 / 2025 TUE
Suez Canal Bank obtains international financing of up to $50 million.
7 / 9 / 2025 SUN
Export Development Bank of Egypt (EXPA)
The Securities Listing Committee has decided to list the capital increase of the Export Development Bank of Egypt (EXPA) from EGP 9.896 billion to EGP 13.6 billion.
Through the distribution of 370.333 million free shares, at a rate of 0.3742 shares for each original share.
The bonus shares will be funded from retained earnings and annual profits, and the right to receive the bonus shares will be until the end of the session on September 17, 2024.
The shares will be listed after the increase starting from the session on September 18, 2025, bringing the total number of listed shares to 1.36 billion.
14 / 8 / 2025 THU
Export Development Bank of Egypt (EXPA)
✓ Financial period ending June 30, 2025 (H1)
Loan proceeds and similar revenues: EGP 14.9 billion
Fees and commissions revenues: EGP 1 billion
Net profit: EGP 2.6 billion
Earnings per share: EGP 2.67
✓ Financial period ending June 30, 2024 (H1)
Loan proceeds and similar revenues: EGP 10.8 billion
Fees and commissions revenues: EGP 1 billion
Net profit: EGP 2.3 billion
Earnings per share: EGP 2.41
7 / 8 / 2025 THU
Suez Canal Bank (CANA)
☑ The Board of Directors, in its meeting held on August 6, 2025, decided to:
☑ Increase the Bank’s authorized capital from EGP 10 billion (ten billion Egyptian pounds) to EGP 15 billion (fifteen billion Egyptian pounds).
☑ Increase the Bank’s issued capital from EGP 6.5 billion to EGP 10 billion, an increase of EGP 3.5 billion.
☑ The number of shares represents 350 million shares with a par value of EGP 10 per share. The increase is financed from the profits for 2024 (0.53,846,154 shares per share) based on the shareholders’ share in the proposed dividend account for the fiscal year ending December 31, 2024.
Suez Canal Bank (CANA)
✓ Financial period ending June 30, 2025 (H1)
Loan proceeds: EGP 16 billion
Fees and commission revenues: EGP 768 million
Net profit: EGP 3 billion
Earnings per share: EGP 4.17
✓ Financial period ending June 30, 2024 (H1)
Loan proceeds: EGP 7.5 billion
Fees and commission revenues: EGP 433 million
Net profit: EGP 1.8 billion
Earnings per share: EGP 2.45
5 / 8 / 2025 TUE
Export Development Bank of Egypt (EXPA)
The Board of Directors approved:
☑ Increasing the Bank’s issued and paid-up capital from EGP 9,896,668,320 to EGP 13,600,000,000, an increase of EGP 3,703,331,680.
☑ This increase will be financed by distributing free shares from retained earnings and profits for the year ending December 31, 2024.
☑ The free share increase will be 0.3741,998,378 shares per share, with fractions being rounded up for the benefit of minority shareholders.
Central Bank of Egypt
Egypt’s net foreign reserves rose to $49.036 billion in July, up from $48.7 billion in June, according to the Central Bank of Egypt.
22 / 7 / 2025 TUE
Commercial International Bank (COMI)
✓ Financial period ending June 30, 2025 (6M)
Loan and similar income: EGP 105.1 billion
Fees and commission income: EGP 7.4 billion
Net profit: EGP 33.3 billion
Earnings per share: EGP 9.69
✓ Financial period ending June 30, 2024 (6M)
Loan and similar income: EGP 81.6 billion
Fees and commission income: EGP 5.9 billion
Net profit: EGP 27.5 billion
Earnings per share: EGP 8.11
22 / 5 / 2025 THU
The Central Bank of Egypt cuts interest rates by 100 basis points to 25% for lending and 24% for deposits.
20 / 5 / 2025 TUE
United Bank UBEE
✓ A cash dividend of EGP 0.75 per share has been decided, effective June 18, 2025.
✓ The right to receive the dividend will be transferred to shareholders until the end of the session on Sunday, June 15, 2025.