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29 January 12:59 PM

Suez Canal Bank SAE (CANA)

Last update: 28 January 02:28 PM market time.
41.93
16.93
67.72%
Open 42.39
Previous Close 25.00
High 42.93
Low 41.70
Stock Statistics
Volume 119,854
Turnover 5,038,161.50
All data are 15 minutes late during market session

News

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13 January 2025 09:08 AM MAFI’s new industrial complex targets global markets; major banking alliance leads financing
Cairo - Mubasher: MAFI Agricultural Produce Industries secured long-term joint financing of $108 million from an alliance led by Banque Misr, Suez Canal Bank and Al Baraka Bank-Egypt. MAFI also obtained $72 million through equity investments from …
Banking and Finance
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2 January 2025 05:28 PM EFG Hermes concludes advisory on CIRA university’s EGP 500m bond issue; listed banks included
Cairo – Mubasher: The investment banking division of EFG Hermes, an EFG Holding company, has completed advisory on a future cash flow securitisation issue for Badr University in Assiut (BUA), one of Cairo For Investment And Real Estate …
Global Economy
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31 December 2024 05:17 PM EFG Hermes closes advisory on Premium Card’s EGP400m issue
Cairo – Mubasher: EFG Hermes, an EFG Holding Company and MENA’s leading investment bank, has concluded advisory on the EGP 400 million securitised bond issue for Premium International for Credit Services, known as Premium Card. The transaction …
Bonds
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2 December 2024 01:55 PM Suez Canal Bank exits 4 subsidiaries for EGP 142m
Cairo – Mubasher: Suez Canal Bank sold its shares in four subsidiaries at a combined value of EGP 142 million, according to a bourse filing. The lender sold a total of 39.66% of Al Shorouk Industrial Fibers Company’s (Al Sharif Market) shares.  It …
Companies Investments
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10 October 2024 03:32 PM Raya Information secures EGP 1.2bn loan from Suez Canal Bank
Cairo – Mubasher: Suez Canal Bank inked a cooperation protocol with Raya Information Technology, a subsidiary of Raya Holding for Financial Investment, according to a press release. The unit will obtain credit facilities amounting to EGP 1.20 …
Companies Investments
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25 August 2024 10:59 AM SCA hikes stake in Suez Canal Bank for EGP 239m
Cairo – Mubasher: Suez Canal Authority (SCA) increased its equity ownership in Suez Canal Bank to 3.42% from 0.001%, according to a bourse disclosure. SCA purchased 15.76 million shares in the EGX-listed lender for EGP 238.87 million, at an …
Corporate Actions
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15 August 2024 01:34 PM Suez Canal Bank logs EGP 1.8bn net profits in H1-24
Cairo – Mubasher: Suez Canal Bank recorded consolidated net profits amounting to EGP 1.80 billion in the first half (H1) of 2024, compared to EGP 628.04 million in H1-23. Net interest income reached EGP 2.54 billion as of 30 June 2024, up …
Financial Results
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13 May 2024 03:08 PM Suez Canal Bank’s profit soars to EGP 611m in Q1-24
Cairo – Mubasher: Suez Canal Bank’s net profit surged to EGP 611.24 million in the first quarter (Q1) of 2024 from EGP 250.86 million in the same quarter a year earlier. Net interest income jumped to EGP 1.09 billion in Q1-24 from EGP 707.24 …
Financial Results
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3 March 2024 10:54 AM Suez Canal Bank registers higher profits in 2023, capital hike proposal
Cairo – Mubasher: Suez Canal Bank achieved EGP 2.29 billion in net profit after tax during 2023, an annual growth from EGP 1.04 billion. Net interest income amounted to EGP 3.24 billion as of 31 December 2023, marking a year-on-year (YoY) hike …
Corporate Actions
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5 February 2024 11:24 AM Allianz Egypt partners with Suez Canal Bank to foster bancassurance services
Cairo - Mubasher: Allianz Life Assurance Company Egypt penned a five-year partnership agreement with Suez Canal Bank to boost the company’s bancassurance services.  The deal covers life insurance services to enable the firm to meet the clients’ …
Companies Investments
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15 November 2023 00:35 PM Suez Canal Bank’s profits leap to EGP 1.35bn in 9M-23
Cairo – Mubasher: Suez Canal Bank generated net profits after tax worth EGP 1.35 billion in the first nine months (9M) of 2023, versus EGP 734.75 million in 9M-22. Net interest income enlarged year-on-year (YoY) to EGP 2.33 billion in …
Banking and Finance
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17 August 2023 08:44 AM Suez Canal Bank generates EGP 628m profits in H1-23
Cairo – Mubasher: The consolidated net profits after tax of Suez Canal Bank EGP 628.04 million in the first half (H1) of 2023, an annual hike from EGP 267.83 million. The net interest income soared to EGP 1.48 billion in H1-23 from EGP 825.77 …
Financial Results
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27 July 2023 00:35 PM FRA greenlights Suez Canal Bank’s capital raise
Cairo – Mubasher: The Financial Regulatory Authority (FRA) granted its nod for Suez Canal Bank to proceed with the capital raise measures.    The EGX-listed lender plans to increase its issued and paid-up capital by EGP 400 million to EGP 5 …
Banking and Finance
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30 May 2023 03:07 PM Suez Canal Bank’s net profits near EGP 251m in Q1-23
Cairo – Mubasher: Suez Canal Bank generated EGP 250.86 million in net profit after tax during the first quarter (Q1) of 2023, an annual leap from EGP 96.27 million. The lender posted net income amounting to EGP 707.24 million during the …
Banking and Finance
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1 March 2023 01:33 PM Suez Canal Bank registers over EGP 1bn profits in 2022; bonus shares unveiled
Cairo – Mubasher: The net profits after tax of Suez Canal Bank hiked to EGP 1.04 billion in 2022, compared to EGP 604.67 million in 2021. The interest income amounted to EGP 1.89 billion during January-December 2022, an annual growth from EGP 1.52 …
Banking and Finance
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17 November 2022 02:51 PM Suez Canal Bank posts 95% higher profits in 9M-22
Cairo – Mubasher: Suez Canal Bank posted a 94.90% leap in its net profits during the first nine months (9M) of 2022 at EGP 734.75 million, compared to EGP 376.97 million in the year-ago period. Earnings per share (EPS) recorded EGP 2.23 in 9M-22, …
Banking and Finance
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15 August 2022 02:27 PM Suez Canal Bank’s profit rises to EGP 267.8m in H1-22
Cairo – Mubasher: Suez Canal Bank posted a net profit of EGP 267.83 million during the first half (H1) of 2022, up from EGP 240.83 million in the corresponding period in 2021.  Earnings per share (EPS) came in at EGP 0.81 in H1-22, compared to EGP …
Financial Results
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31 May 2022 04:48 PM Suez Canal Bank's profits retreat in Q1-22
Cairo – Mubasher: Suez Canal Bank has recorded net profits of EGP 96.27 million in the first quarter (Q1) of 2022, lower than EGP 115.71 million. The net interest income went up to EGP 451.83 million in the January-March period of 2022, compared …
Financial Results
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27 March 2022 11:22 AM Suez Canal Bank's OGM nods to capital raise via bonus shares
Cairo – Mubasher: The ordinary general meeting (OGM) of Suez Canal Bank has approved to raise capital via a bonus share issuance of EGP 695.67 million or 0.23 shares for every original share. The issued capital will increase to EGP 3.6 billion …
General Assembly
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20 February 2022 00:38 PM Suez Canal Bank sees higher profits; bonus shares proposed
Cairo – Mubasher: The net profits of Suez Canal Bank increased to EGP 604.67 million in 2021, compared to EGP 601.64 million in the earlier year. The bank's net interest income rose to EGP 1.52 billion last year from EGP 1.55 billion in 2020, …
Financial Results
The bank's net interest income edged up to EGP 763.5 million
15 August 2021 03:29 PM Suez Canal Bank's profit rises 7.5% in H1-21
Cairo – Mubasher: Suez Canal Bank achieved net profits of EGP 240.84 million in the first half (H1) of 2021, an increase of 7.5% year-on-year (YoY) from EGP 223.9 million. The bank's net interest income edged up to EGP 763.5 million in the …
Financial Results
Net income from interest, fees, and commissions rose to EGP 439.61 million
11 May 2021 10:56 AM Suez Canal Bank reports EGP 116m profit in Q1
Cairo – Mubasher: Suez Canal Bank generated EGP 115.72 million in net profits during the first quarter (Q1) of 2021, slightly up from EGP 114.35 million in the year-ago period. The bank’s net income from interest, fees, and commissions increased …
Banking and Finance
The NBE will contribute 44.5% to the funding
11 April 2021 03:47 PM SCZone inks EGP 10bn syndicated loan agreement with six banks
Cairo – Mubasher: The Chairman of Suez Canal Economic Zone (SCZone), Yehia Zaki, signed a long-term syndicated loan agreement with a consortium led by the National Bank of Egypt (NBE) as the senior mandated lead arranger, facility agent, and …
Macroeconomics
The transaction involved the sale of 2.29 million shares
8 April 2021 04:44 PM Suez Canal Bank cuts stake in Mohandes Insurance for EGP 33m
Cairo – Mubasher: Suez Canal Bank reduced its stake in Mohandes Insurance to 0.00007% from 3.06%. The transaction involved the sale of 2.29 million shares for EGP 33.33 million, averaging EGP 14.55 per share, according to a statement to the …
Insider Trading & Treasury Stocks
The bank’s issued capital will be increased to EGP 2.9 billion
1 April 2021 11:51 AM Suez Canal Bank's shareholders approve issuing bonus shares
Cairo – Mubasher: The ordinary general meeting (OGM) of Suez Canal Bank approved the issuance of bonus shares worth EGP 704.32 million or EGP 0.32 per share. Accordingly, the bank’s issued capital will be increased to EGP 2.9 billion from EGP 2.2 …
Corporate Actions