Suez Canal Bank (CANA) registered net profits amounting to EGP 5.681 million in 2024

Suez Canal Bank (CANA) decided to increase its issued capital from EGP 5 billion to EGP 6.5 billion

Suez Canal Bank (CANA) posted an 130.07% year-on-year (YoY) increase in net profits for the first nine months of 2024.

The Suez Canal Bank has launched a new digital transformation headquarters in the Fifth Settlement, New Cairo.

Raya Information Technology, a subsidiary of Raya Holding for Financial Investments, has signed a cooperation protocol with Suez Canal Bank to receive credit facilities totaling EGP 1.2 billion

Suez Canal Bank’s (CANA) net profits after tax recorded a 143.7% year-on-year (YoY) increase in the first quarter (Q1) of 2024.

Suez Canal Bank (CANA) posted a 120.51% year-on-year (YoY) increase in net profits during 2023, according to the financial income statement filed to the Egyptian Exchange (EGX) on February 29th.

The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of the Suez Canal Bank of EGP 400 million distributed over 40 million bonus shares, or 0.0869-for-1 bonus shares, at a nominal value of EGP 10 per share.

Allianz Life Assurance Company Egypt, affiliated with Sanlam Allianz Africa, has signed a five-year partnership agreement with the Suez Canal Bank to widen the scope of its bancassurance services.

The Suez Canal Bank has decided to increase issued capital by EGP 400 million distributed over 40 million bonus shares, or 0.0869-for-1 bonus shares.

Egypt’s Suez Canal Bank is targeting expanding its banking activities by 20% to 30% in 2024.

Suez Canal Bank (CANA) posted an 84.7% year-on-year (YoY) increase in net profits for the first nine months of 2023.

The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of Suez Canal Bank (CANA).

The bank's range of banking products includes direct and indirect finance, loans, social funds, deposits, savings, credit cards, issuance of letters of guarantee, and other Islamic banking services, in addition to technical, economic, financial, administrative, and consultative services.

The Financial Regulatory Authority (FRA) has approved publishing the disclosure form submitted by the Suez Canal Bank’s board to raise its issued and paid-up capital by EGP 400 million.

Suez Canal Bank’s board has approved increasing its issued and paid-up capital by EGP 400 million, or 40 million shares, via the distribution of bonus shares.

Suez Canal Bank is an Egypt-based company engaged in providing corporate, retail, and investment banking products and services. The bank's range of banking products includes direct and indirect finance, loans, social funds, deposits, savings, credit cards, issuance of letters of guarantee, and other Islamic banking services, in addition to technical, economic, financial, administrative, and consultative services.

Suez Canal Bank’s ordinary general assembly meeting (OGM) has approved paying 0.27-for-1 bonus shares, worth a total of EGP 1 billion, to shareholders for 2022

Suez Canal Bank is an Egypt-based company engaged in providing corporate, retail, and investment banking products and services.