Banque du Caire

Egypt - Nasr City, Cairo

• 10/11/2022
• Unknown
• $32,000,000

Founded in 1952, Banque du Caire is one of Egypt’s oldest and largest banks, a multi-award winning, full-service bank that provides a complete array of products & services to the retail and corporate markets. Offering clients a full suite of personalized retail and corporate banking products & services, the bank has been able to leverage its extensive distribution network spanning the entirety of Egypt. It is renowned in the market for pioneering an institutionalized micro-finance operation, spearheading a push for financial inclusion, community development, and entrepreneurial empowerment long before others in the industry. Its long-standing presence in the Egyptian market has seen it back economic growth for decades.

The bank continues to grow and evolve as part and parcel of its strategy to adapt dynamically to market shifts & customer needs by adding new products and more services to its already vast array of financial solutions in the retail and corporate segments. In 2018, to complement its corporate banking activities and benefit from synergies across its activities and lines of business, Banque du Caire launched a corporate leasing venture Cairo Leasing Corporation (CLC), which has already positioned itself as a leader in the Egyptian leasing sector. BdC also offers exclusive access to COMESA markets through its Ugandan subsidiary, Cairo International Bank (CIB) Uganda.

In today’s digital-centric world, BdC has implemented online banking services offering features that conduct customers to manage transactions with great ease through the website and mobile banking application as well as the Qahera Cash wallet.

Related People

Tarek FayedFounder

Egypt - ND

Chairman & CEO at Banque du Caire, with more than 30 years of banking experience in a variety of fields including but not limited to banking supervision, risk management, corporate & investment banking.
Mr. Fayed is currently a board member of; Social Fund for Mortgage Finance, Egyptian Stock Market, Union of Arab banks, Federation of Egyptian Banks, I-Score, Credit Guarantee Company (CGC), Cairo leasing Company (CLC) General Assembly Egyptian Holding Company for Aviation and Federation of Egyptian Chambers of Commerce.

Prior to his tenure with Banque du Caire, Mr. Fayed spent 10 years working for the CBE, he has overseen several departments including but not limited to off-site supervision, licensing & macroprudential supervision. He managed to shift the supervisory framework from a compliance to a risk-based approach & introduced new supervisory tools, such as early warning & stress testing. He also participated in the introduction of a large range of prudential regulations including Basel Standards. Additionally, he established Egypt’s 1st financial stability report in 2016 & was also a part of CBE negotiation team with the IMF to facilitate Egypt’s economic reform program in 2016.

He represented the CBE on regional & international organizations; The Arab Monetary Fund Financial Stability Working Group, The Islamic Financial Services Board, African Trade & Development Bank, General Assembly of the Egyptian Electricity Authority, and member of National Committee of Refund of Funds. He also represented the CBE as a non-executive director for a number of financial institutions as part of their transformation; the Agriculture Bank of Egypt, United Bank and Arab International Bank.

Prior to his tenure with the CBE, Mr. Fayed was the GM & Chief Risk Officer at the Arab International Bank in Cairo. Mr. Fayed worked at Samba Financial Group, in Riyadh, KSA as the Audit Director.
He also held the position of Corporate Head for Alex & Delta region at Citibank Cairo.

LinkedIn https://www.linkedin.com/in/tarek-fayed-56a71318b/?originalSubdomain=eg