SAIB Says to Inject EGP1.54 bln in SMEs within 2014
Société Arabe Internationale de Banque (SAIB) is planning to inject new finances worth EGP 1.5 billion in the SMEs…
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With Participation of 12 Banks, SAIB Leads Arrangement of EGPC’s EGP2bn Loan
Société Arabe Internationale de Banque (SAIB) has signed on Tuesday the long-awaited agreement to arrange, manage…
NBE, SFD Sign EGP146 mln Contract to Finance SMEs
The National Bank of Egypt (NBE) signed a new contract in the amount of EGP 146 million with the Social Fund…
IDBE’s Total SME Finance Portfolio Hit EGP520 by Oct-end
The Industrial Development and Workers Bank of Egypt (IDWB) said on Monday its SME direct and indirect finance…
Industrial Development Bank Cuts EGP 1.661 Bln of NPL Portfolio
The industrial Development and workers bank of Egypt (IDBE) has cut EGP 1.661 billion from the…
EBDA Launches Egypt SMEs Event Today
Conference on the Small and Medium Enterprises entitled ‘The Innovative Financing Mechanisms For SMEs in Egypt’ has…
IDBE: Volume of SMEs’ Indirect Funds Reached EGP80 mln In April
The volume of the indirect funds provided by the Industrial Development & Workers Bank of Egypt (IDBE)…
IDWBE Receives EGP 8 Mln In Cash From Defaulters In Q1
The Industrial Development and Workers Bank of Egypt has received EGP 8 million in cash from faltering customers in…
Industrial Development Bank Decides Upon Financing 45,000 Bakeries In 2 Weeks
The Industrial Development and Workers Bank of Egypt has met with officials of the Ministry of Supply to discuss…
Industrial Development Bank Cooperates With NBE To Finance 45,000 Bakeries
The Industrial Development and Workers Bank of Egypt plans to cooperate with the National Bank of Egypt (NBE) in…
Industrial Development Bank’s SME Finances Hit EGP 368 Mln At End-March
The Industrial Development and Workers Bank of Egypt has raised finances offered to small and medium-sized…
Industrial Development Bank Contributes EGP 100 Mln To Hyde Park Loan
The Industrial Development and Workers Bank of Egypt has finally approved to contribute EGP 100 million to the EGP…
Industrial Development Bank Plans Capital Increase
The Industrial Development and Workers Bank of Egypt seeks to raise issued and paid-up capital from EGP 500 million…
Industrial Development Bank Considers Financing 3 Franchises With EGP 10 Mln
The Industrial Development and Workers Bank of Egypt plans to offer three franchises selling food and garments…
Supporting Unofficial Sector Necessary To Economic Growth; El-Sayed El-Kosayer Says
The Industrial Development and Workers Bank of Egypt places small and medium-sized enterprises (SMEs) on the top of…
Industrial Development Bank Delays Signing Agreements With SFD
The Industrial Development and Workers Bank of Egypt has delayed signing finance contracts slated to be sealed…
Industrial Development Bank Signs 2 Finance Contracts Worth EGP 100 Mln This Week
The Industrial Development and Workers Bank of Egypt plans to sign two finance contracts worth EGP 100 million this…
Industrial Development Bank To Settle Bad Debts Worth EGP 500 Mln In 2013
The Industrial Development and Workers Bank of Egypt targets to sign debt settlement agreements worth EGP 500…
IDBE In Talks With 8 Customers To Settle EGP 75 Mln Bad Debts
The Industrial Development and Workers Bank of Egypt currently conducts negotiations with eight defaulting…
Industrial Development Bank Achieves Unprecedented Growth Rates In 2012
The Industrial Development and Workers Bank of Egypt succeeded in achieving the bank’s strategy with unprecedented…
IDBE To Sign Finance Agreements Worth EGP 250 Mln With SFD
The Industrial Development and Workers Bank of Egypt plans to sign finance agreements worth EGP 250 million with…
IDBE Signed Debt Settlement Contracts With 100 Customers In 2012
The Industrial Development and Workers Bank of Egypt finalized debt settlement agreements worth EGP 520 million…
Industrial Development Bank Negotiates With CIB To Tap Into Foreign Loans
The Industrial Development and Workers Bank of Egypt is in talks with the Commercial International Bank (CIB) to…
Industrial Development Bank’s Operating Profit Hits EGP 54 Mln
The Industrial Development and Workers Bank of Egypt's operating profit rose by EGP 26 million to reach EGP 54…
Industrial Development Bank’s Real Estate Assets Reach EGP 50 Mln
The Industrial Development and Workers Bank of Egypt’s real estate assets reached about EGP 50 million. The…
Industrial Development Bank Negotiates With NBE To Manage EGP 55 Mln Finance
The Industrial Development and Workers Bank of Egypt is in talks with the National Bank of Egypt (NBE) to manage…
Industrial Development Bank Signed Debt Settlement Agreements Worth EGP 100 Mln
The Industrial Development and Workers Bank of Egypt signed debt settlement agreements worth EGP 100 million with…
IDBE Settled EGP 500 Mln Debts In 9 Months
The Industrial Development and Workers Bank of Egypt agreed to settle debts of 100 defaulting customers who owe the…
NBE, Audi, IDBE Join Consortium To Finance 500 Petrochemicals Plants
The National Bank of Egypt (NBE), Bank Audi Egypt, Industrial Development and Workers Bank of Egypt and Social Fund…
IDBE Negotiates With SFD Over EGP 150 Mn Islamic Finance
The Industrial Development and Workers Bank of Egypt is in talks with the Social Fund for Development (SFD) to sign…
Industrial Development Bank Reports 9-Month Operating Profit Of EGP 43 Mln
The Industrial Development and Workers Bank of Egypt raised its operating profit to EGP 43 million at the end of…
Industrial Development Bank’s SME Finance Portfolio Up EGP 170 Mln
The Industrial Development and Workers Bank of Egypt’s SME finance portfolio surged by EGP 170 million, registering…
Industrial Development Bank Provides Waste Recycling Factory With EGP 55 Mln
The Industrial Development and Workers Bank of Egypt approved yesterday to provide a finance of about EGP 55…
Industrial Development Bank To Ask For Islamic Banking License
The Industrial Development and Workers Bank of Egypt considers asking the Central Bank of Egypt (CBE) for a license…
Industrial Development Bank Receives Second Tranche Of CBE’s Loan
The Industrial Development and Workers Bank of Egypt (IDBE) received the second tranche of EGP 500 million of a…
Industrial Development Bank Receives EGP 100 Mln Cash On Settling Debts
The Industrial Development and Workers Bank of Egypt received EGP 100 million cash after settling debts worth EGP…
IDBE’s Profit Hit EGP 31 Mln In July 2012
The Industrial Development and Workers Bank of Egypt achieved profit of EGP 3 million at the end of July, raising…
Industrial Development Bank Promotes 500 Employees
The Industrial Development and Workers Bank of Egypt (IDBE) will promote 500 employees out of 1100, the total …
CBE Grants IDBE EGP 500 Mln Capital-Support Loan
The Industrial Development and Workers Bank of Egypt (IDBE) received a capital-support loan worth EGP 500 million…
IDBE Receives EGP 47 Mln Finance From SFD
The Industrial Development and Workers Bank of Egypt (IDBE) received EGP 47 million finance from the Social Fund…