Banque Du Caire S.A.E. acquired 10% stake in International Business Associates Group for Money Transfer Services (IBAG) S.A.E from Al Ahly Capital Holding Company on September 8, 2022. Banque du Caire decision to join IBAG brings the total share of the three banks to 40%, while the original shareholder Sarhank Group percentage remains at 60%.

Banque Du Caire S.A.E. completed the acquisition of 10% stake in International Business Associates Group for Money Transfer Services (IBAG) S.A.E from Al Ahly Capital Holding Company on September 8, 2022.