Yearbook 2024
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In 2024, the number of participants (issuer companies) rose to 22,318 with a slight increase of approx. 7 percent compared to the year 2023. MCDR offers a number of services to its members including, Central Depository and Registrar services, corporate actions execution, cash dividends payout, in addition to other services such as Pledge of securities, inheritants, securities distribution, dividends tax collection, issuing investor’s statement of account and account activity reports and finally issuing digital certificates for both electronic signatures and stamps as a licensed Certificate authority under digital signature law no15 of 2004 .
The market value of the deposited securities has risen to EGP 5.3 trillion, distributed on EGP 3.7 trillion, and USD 28.2 Billion, CHF 511 million, Euros 150.4 million, Sterling 300,000 Kuwaiti Dinar 3.4 million, for securities issued in foreign currency.
The company’s settlement system in 2024 executed 30.9 million transactions with a total value of EGP 1,125,143 million and US Dollar 1,471 million representing 45% increase for EGP and 130% increase for US Dollar compared to 2023. It is worth mentioning Settlement risk is controlled by MCDR’s Settlement Guarantee Fund.
On the other hand, the Central Registry services saw an increase of 23.91% in corporate actions execution on behalf of the issuer companies in 2024 compared to 2023 through the execution of 5,488 corporate actions moreover, the dividends & interest payments done through the company in 2024 reached 334 billion EGP, with a decrease of 48.8% compared to 2023 due to the transfer of treasury bonds’ settlement from MCDR in May 2023.
Furthermore, the company realized a steady offering of the e-signature and e-stamp services as a certificate authority whereby it issued 38,761 certificates (including both new customers and renew for existing customers) to increase an active customer base by an extra 24% compared with 2023 creating stable revenue of 53.3 million EGP with active customer base of 67,530.
With its commitment to provide high quality services in accordance with laws and regulations, MCDR continues to support the market needs by keeping its operational systems up-to-date and adopting new ones to cope with global technological advancements.