Banque du Caire

Name

Banque du Caire

Legal name

Banque du Caire

Website

https://bdc.com.eg

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Nasr City

HQ country

Egypt

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income on Loans and Advances: Net interest income generated from personal loans, mortgage finance, auto loans, educational loans, solar power loans, and boat/yacht financing at published interest rates (e.g., personal loans starting from declining 25.25% / flat 14.5%; mortgage at 3% fixed for initiative-eligible housing and 12.5–18.5% for commercial mortgage).
2. Card Fees and Interchange: Issuance fees, annual fees, transaction fees, FX markups and interchange income from debit (Standard/Gold/Platinum/Titanium/World), credit (Classic/Gold/Platinum/World), and prepaid (Tap & Track, BDC, Lucky, Teddy) cards on Mastercard, Visa, Meeza, and Telda rails.
3. Installment Plan Merchant Discounts: Fee income from Zero-Installment / Easy Payment Plan (EPP) plans offered on partner merchants across travel, fashion, education, healthcare, home appliances, furniture and electronics categories.
4. Treasury and FX Income: Spread and trading income from foreign exchange, money market, and treasury operations for corporate and institutional clients.
5. Trade Finance and Documentary Credit Fees: Fees on letters of credit, guarantees, collections, and supply chain financing for exporters and importers (including Buymassry export marketplace integration).
6. Cash and Liquidity Management Fees: Account service fees, cash pooling, and liquidity management fees on corporate current accounts (Current Account, Current Plus Account) and Waffar Business Account for SMEs.
7. Bancassurance Commissions: Distribution commissions from bancassurance partner MetLife and Misr Life Insurance on insurance products (Aman Certificates, life insurance) embedded in the bank's product catalogue.
8. Remittance Fees: Foreign currency margin and transaction fees on cross-border inbound remittances routed through Western Union, MoneyGram, Al Ansari Exchange and other agents serving Egyptian expatriates.
9. Asset Management and Trustee Fees: Management and trustee fees from investment funds (BdC Equity Fund, BdC Second Fund, Al Wefak Income Fund, El Thabet) managed with partners Beltone, CI Asset Management, EFG-Hermes, and Agricultural Bank of Egypt.
10. Debt and Structured Finance Fees: Arrangement, advisory, underwriting, and participation fees on syndicated loans, structured debt facilities, and bond/securitization issuances (e.g., GB Lease, Misr Petroleum, Drive Finance, Al Ahly Securitization).

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Core offering

Banque du Caire is an Egyptian state-owned commercial bank providing a comprehensive suite of retail, SME, corporate, microfinance, treasury, and investment banking services. Its offerings include current and savings accounts, certificates of deposit, personal/mortgage/auto/educational/solar-power/marine loans, debit/credit/prepaid cards, the QaheraCash mobile wallet, the Tharwa premium wealth segments, the Waffar financial-inclusion accounts, the BDCbusiness corporate digital platform, trade finance, FX, and asset management. Distribution spans a national branch network across all Egyptian governorates plus omni-channel digital banking.

Product overview

Banque du Caire operates a multi-module retail and corporate banking platform rather than a single product. At the retail tier, the platform is organized into the Tharwa wealth segments (Tharwa ELECT, Tharwa Prime, Tharwa), account and savings products (Current Accounts, Saving Accounts, Mega Saving Account, Current Plus Account, Bokra Account), Financial Inclusion Waffar accounts (Saving, Current, Business, USD, Euro, Micro), certificates and deposits (Time Deposits, Certificates of Deposit with Primo, Belady, Aman variants), investment funds (Al Wefak, BdC's Second Fund, BdC's Equity Fund, El Thabet), and lending products (Personal, Mortgage, Auto, Educational, Solar Power, Boats/Yachts, Microfinance). Payments and cards span debit cards (Meeza, Mastercard variants), credit cards (Standard through World Elite), prepaid cards (Easy Card, Mastercard Unnamed, Meeza Unnamed, Telda, Payroll, Remittance), Zero Installment plans, and the QaheraCash consumer and merchant mobile wallets. Digital channels include BDC Online/Mobile Banking, BDC Chatbot, BDC WhatsApp assistant, and Bancassurance via MetLife. The corporate tier complements this with BDCbusiness online banking, Cash and Liquidity Management, Trade and Supply Chain Finance, Debt and Structured Finance, Securities Services, Treasury & FX, Engaz Loan, I-Sign digital signatures, and SME/Payroll services. Remittance services for Egyptian expatriates tie these together through a global Network of Agents and prepaid remittance cards.

Differentiator

Problem solved

Functional benefit

Brands

• Al Wefak: Shariah-compliant cumulative returns investment fund established by Banque du Caire and the Agricultural Bank of Egypt since 2011, managed by CI Asset Management.
• BdC's Second Fund
• BdC's Equity Fund
• El Thabet
• Tharwa
• QaheraCash
• BDCbusiness
• BDCbusiness Engaz Loan
• Bancassurance
• Waffar
• Bokra Account
• Mega Saving Account

Products and services

• Tharwa ELECT Premium Banking Premium wealth management banking segment for Egyptian high-net-worth individuals maintaining EGP 5 million+ across Banque du Caire accounts, providing personalized banking, exclusive investment solutions, dedicated call centre (15160), and doorstep visits.
• Tharwa Prime Premium Banking Premium banking segment for customers maintaining EGP 1M–4.9M, offering assigned customer service manager, dedicated 24/7 call centre (15160), exclusive pricing, tailored lending solutions, and concierge lifestyle benefits.
• Tharwa Mid-Premium Banking Mid-premium banking segment for customers with assets EGP 100K–999K, offering dedicated Customer Service Officer, exclusive pricing, priority queuing, concierge personal assistance, and Current Plus Tiered account.
• Current Accounts Standard current accounts for individuals and companies in EGP, USD, EUR, GBP with on-demand access, checkbook issuance, salary/pension transfer, tiered-interest BDC Daily Current Account (up to 16.50% on balances 30M+ EGP), and USD daily current account (up to 3% on $1M+).
• Saving Accounts Tiered-rate savings accounts in EGP, USD, EUR, and GBP with periodic returns paid monthly, quarterly, semi-annually, or annually. Local currency tiers range from 2.75% (monthly) to 6.50% (annually) based on balance. Minimum opening balance EGP 5,000 / USD 100.
• Bokra Account (Women) Women-only EGP savings account with fixed monthly installments over 1-10 year tenors, including standard Bokra (up to 9.50% interest) and Bokra Insured (up to 8.50% with life insurance). Minimum installment EGP 100; free Meeza Card issuance.
• Waffar Financial Inclusion Accounts Central Bank of Egypt financial-inclusion account family opened with National ID only, including Waffar Saving (6% interest, ages 15+), Waffar Current (3% commercial), Waffar Business (micro/small companies), Waffar USD Saving (1.50% up to USD 20,000), Waffar Euro Saving (0.25% up to EUR 18,000), and Waffar Micro (for microloan holders). All variants include account balance caps and daily/monthly debit limits.
• Certificates of Deposit (Primo, Belady, Aman, El Thabat, Qimma) Fixed-rate and variable-rate Certificates of Deposit issued in EGP and USD including Belady (23.50% monthly 3-year EGP / 6.50% monthly 3-year USD), Belady Plus, Aman (13.75%–14% monthly with life insurance via Misr Life Insurance), El Thabat (17.25%–18.25% quarterly), Primo Step Down/Plus/Affluent/Gold/Variable/Dollar, and Qimma. Tenors 3-5 years; minimum issuance EGP 1,000 / USD 500.
• Time Deposits Time deposits in EGP and USD with monthly, quarterly, semi-annual, and annual interest payment frequencies. Includes 3 and 6-month TDs with monthly payout, fixed-rate CDs, and at-maturity deposits with rates up to 22% effective for 18-month tenor. Minimum balance EGP 5,000 / USD 1,000.
• Personal Loans Personal loans for government employees, public sector, armed forces, pensioners, private sector employees, self-employed, doctors, bankers, petroleum employees, university professors, and club members. Programs include Salary Transfer, Annual Installment, Safwa, Safwa Plus, Tharwa, Property Owner. Loan amounts EGP 3,000 to EGP 4,000,000; tenor up to 180 months; declining interest from 5% (CBE initiative) to 30%.
• Mortgage Finance Conventional mortgage loans (interest 26.5%–28% decreasing) for residential, summer, administrative, and commercial units with 20%-40% down payment and 3-15 year tenors. Also offers CBE Initiative Low & Middle-Income Mortgage Loans at 3%, 5%, 7%, and 8% decreasing interest, 15% minimum down payment, and tenor up to 30 years. Free life insurance for death or full disability.
• Auto Loans Auto secured loans financing up to 100% of car value (up to EGP 1.5 million) and up to 90% of collateral value with flexible repayment up to 7 years. Also offers Used Car Loans financing up to 60% (up to EGP 750,000) for salaried and self-employed customers, plus boats/yachts and jet-ski financing variants.
• QaheraCash Mobile Wallet Proprietary mobile wallet from Banque du Caire for consumers and merchants offering account-to-account transfers, bill payments, QR-code merchant payments, and cardless ATM withdrawals via Fawry and Aman agent networks. Consumer free to open; daily transfer limit EGP 30,000, monthly EGP 100,000, max balance EGP 100,000.
• BDCbusiness Corporate Digital Banking Platform Online corporate banking portal enabling corporates to execute payments, manage liquidity, initiate trade finance transactions, and access treasury and FX services. Includes integrated I-Sign digital signature for paperless approvals.
• Engaz Loan Platform Online medium-term loan application and disbursement platform for Very Small Enterprises with annual sales turnover from EGP 1M to EGP 20M, allowing customers to originate, track and receive personal/SME loan disbursements digitally to finance working capital needs.
• Trade and Supply Chain Finance Fees on letters of credit, guarantees, collections, and supply chain financing for exporters and importers, including integration with the Buymassry export marketplace for Egyptian exporters needing working capital and payment solutions.
• Treasury and FX Services Spread and trading income from foreign exchange, money market, and treasury operations for corporate and institutional clients, including securities services.
• Debt and Structured Finance Arrangement, advisory, underwriting, and participation fees on syndicated loans, structured debt facilities, and bond/securitization issuances (e.g., GB Lease, Misr Petroleum, Drive Finance, Al Ahly Securitization) for large corporates and SOEs.
• Debit Cards BDC Standard/Gold/Platinum/Titanium/World and Meeza debit cards on Mastercard, Visa, and Meeza rails. Annual fees range EGP 60–800. Cash withdrawal limits EGP 60,000/day (Standard) to EGP 200,000/day (World). Purchase limits EGP 30,000–500,000.
• Credit Cards Classic/Gold/Platinum/World credit cards on Mastercard and Visa rails. Annual fees EGP 250 (Classic) to EGP 5,000 (World). Local interest 3.05% monthly, international 3.65%. Credit limits EGP 5,000–500,000. Free supplementary cards and zero-interest installment plans available.
• Prepaid Cards (Tap & Track, BDC, Lucky, Teddy, Telda) BDC Prepaid cards (EGP, USD, EUR), Lucky, Teddy, and Telda-branded prepaid cards issued in partnership with Telda, targeting digital-native and youth customer segments. Issuance EGP 30–60; annual fees EGP 30–100; cash withdrawal limits EGP 10,000–60,000.
• Zero-Installment Easy Payment Plans Zero-interest installment plans (Easy Payment Plans) with 6–60 month tenors offered on partner merchants across travel, fashion, education, healthcare, home appliances, furniture, and electronics categories, generating merchant discount fee income for the bank.
• Al Wefak Shariah-Compliant Investment Fund

Quantifiable outcome

• 2024 net profit of EGP 12.4 billion (~84% YoY growth)
• +5 more outcomes

Named customers4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability7 records

Feature6 records

Partnerships

17 partnerships are on record, tiered core, minor and flagship.

• MetLifecoreStrategic or Co-development PartnerBancassurance partnership through which Banque du Caire distributes MetLife life-insurance products to its retail and corporate customers, generating fee and commission income for the bank.
• Misr Life InsurancecoreStrategic or Co-development PartnerInsurance provider for the Aman Certificates of Deposit product line (13.75%/14% monthly rates), where the certificates are insured and provide a bundled savings-insurance proposition to retail customers.
• MastercardcoreTechnology or IntegrationCard network partnership enabling Banque du Caire to issue Mastercard-branded debit (Standard/Gold/Platinum/Titanium/World) and credit (Classic/Gold/Platinum/World) cards across its retail, affluent and corporate customers.
• VisacoreTechnology or IntegrationCard network partner for BDC credit-card portfolio, supporting local and international acceptance, instalment plans and rewards programmes.
• Meeza (Egyptian Card Network)coreTechnology or IntegrationLocal card-network partnership enabling issuance of domestic Meeza debit and prepaid cards, supporting the national financial-inclusion and government-payment rails.
• TeldaminorOEM/ Whitelabel/ Licensing PartnerCo-issuance/co-branding partner for BDC's Telda-branded prepaid card product targeted at digital-native and youth customers.
• BuymassrycoreGTM or Marketing PartnerStrategic partnership linking Banque du Caire's trade and export-finance capabilities with the Buymassry export marketplace, supporting Egyptian exporters with working capital and payment solutions.
• FawrycoreChannel Partner/ Reseller/ DistributorAgent-network partner enabling QaheraCash wallet customers to perform cash-in/cash-out, bill payments and cardless ATM withdrawals across Fawry's nationwide agent footprint.
• Aman Stores (Aman for Microfinance)coreChannel Partner/ Reseller/ DistributorRetail-agent partner for QaheraCash wallet cash withdrawals (EGP 6,000–30,000 daily limits) and financial-inclusion services across Egypt.
• BeltoneminorStrategic or Co-development PartnerAsset-management partner managing Banque du Caire's Second Fund (BdC's Second Fund) on behalf of bank clients as investment trustee.
• CI Asset ManagementminorStrategic or Co-development PartnerCo-manager of the Al Wefak Income Fund, an Islamic fixed-income fund distributed via Banque du Caire's network.
• EFG-Hermes Asset ManagementminorStrategic or Co-development PartnerCo-manager of the BdC Equity Fund distributed through Banque du Caire's investment-trustee offering.
• Agricultural Bank of Egypt (ABE)minorStrategic or Co-development PartnerCo-issuer/co-distributor of the Al Wefak Islamic Income Fund, broadening distribution of the bank's investment-trustee products.
• Central Bank of Egypt (CBE)flagshipStrategic or Co-development PartnerPolicy and financial-inclusion partner: CBE-mandated frameworks underpin the Waffar financial-inclusion accounts and the mortgage-finance initiative that has driven EGP 99.547 billion of cumulative housing financing at Banque du Caire.
• Western UnioncoreChannel Partner/ Reseller/ DistributorCross-border remittance partner enabling inbound transfers from 10 countries (UAE, Saudi, Kuwait, Bahrain, Qatar, Oman, Jordan, Spain, USA, UK) into Banque du Caire accounts.
• MoneyGramcoreChannel Partner/ Reseller/ DistributorCross-border remittance partner serving Egyptian expatriates and inbound transfers to Banque du Caire accounts.
• Al Ansari ExchangecoreChannel Partner/ Reseller/ DistributorRegional remittance agent partner supporting inbound transfers to Egypt, particularly from Gulf corridors.

Scale indicators14 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• National Bank of Egypt: Egypt's largest state-owned commercial bank. Most directly comparable to Banque du Caire as a state-owned peer offering the full retail, SME, corporate, and treasury product set, with overlapping financial-inclusion and mortgage-initiative mandates under CBE.
• Banque Misr: Second-largest Egyptian state-owned bank. Directly comparable to Banque du Caire across retail deposits and lending, Islamic banking, corporate banking, and state-asset monetization programs; also slated for partial privatization in Egypt's broader IPO pipeline.
• Commercial International Bank (CIB) Egypt: Egypt's largest private-sector bank and a benchmark for retail and corporate digital banking. Comparable to BDC in core product breadth and Egyptian-market focus, with stronger digital maturity and corporate-banking positioning.
• QNB Egypt: Egyptian subsidiary of Qatar National Bank. Comparable retail, corporate, and treasury banking franchise targeting the same Egyptian customer base; similar CBE mortgage and financial-inclusion participation.
• Housing & Development Bank (HDB): Egyptian state-owned bank specializing in mortgage and housing finance. Highly comparable to BDC's mortgage franchise given joint participation in the CBE low/middle-income housing initiative.
• Faisal Islamic Bank of Egypt: Egyptian Islamic bank offering Shariah-compliant retail, corporate, and investment products. Comparable as a domestic full-service bank competing with BDC's Al Wefak Islamic fund and broader deposit franchise.
• Arab African International Bank (AAIB): Egyptian joint-stock bank with strong corporate, treasury, and trade-finance focus. Comparable to BDC's corporate banking division, BDCbusiness platform, and trade-finance book.

Broad incumbents

• Emirates NBD: UAE-headquartered regional banking group that conducted due diligence on a potential 60% stake in BDC in 2025. Comparable as a larger regional incumbent with overlapping corporate and treasury capabilities and a benchmark for any future strategic-buyer scenario.

Regional players

• Egyptian Gulf Bank: Egyptian bank with GCC shareholder base offering retail, SME, and corporate products. Comparable as a domestic full-service competitor with similar financial-inclusion and corporate-banking overlap.
• Suez Canal Bank: Egyptian bank focused on corporate, SME, and trade finance. Comparable to BDC's trade-finance, structured-finance, and SME banking divisions across the Egyptian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/banqueducaire
• YouTubeyoutube.com/@banqueducaire
• Facebookfacebook.com/BDCEgypt
• LinkedInlinkedin.com/company/banque-du-caire
• Instagraminstagram.com/banqueducaire
• Xx.com/bankycairobank

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banque du Caire