Egypt’s IDWBE bank launches subsidiary to provide leasing services
Egypt’s Industrial Development and Workers Bank (IDWBE) said Tuesday it had launched a wholly-owned subsidiary,…
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IDWBE
IDWBE bank ups 2017 net profit target to 500 mln Egyptian pounds
State-run Industrial Development and Workers Bank of Egypt (IDWBE) has raised its targeted net profit for 2017 to…
PwC to conduct Egypt IDWBE bank restructure scheme in 6 months
Egypt’s Industrial Development and Workers Bank (IDWBE) has signed an agreement with U.S. accountancy firm…
Egypt’s Industrial Development Bank posts 100 mln pounds-net profits in 4 months
Industrial Development and Workers Bank of Egypt (IDWBE) has achieved net profits worth 100 million Egyptian pounds…
EXCLUSIVE: share of 9 banks in Egypt’s EGAS loan
A consortium of nine Egyptian and Arab banks has completed arranging a loan worth 1.8 billion Egyptian pounds…
Egypt’s Industrial Development Bank offers certificates of deposits at 16%
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) has offered a three-year certificate of deposit…
Egypt’s IDWBE Bank financed 1,000 low-cost homes, 3,000 more soon
Egypt’s state-run Industrial Development Bank (IDWBE) says it has secured mortgage finances for 1000 housing units…
Egypt’s Industrial Development Bank in talks for new SMEs financing
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) says it was negotiating with the Social Fund for…
Egypt’s state agricultural lender names new chairman
Egypt’s main agricultural lender, Principal Bank for Development and Agricultural Credit (PBDAC) appointed…
SFD Egypt, IDWBE and PBDAC banks to sign $12.7mn finances in Q1
Egypt’s Social Fund for Development (SFD) plans to sign funding contracts worth 100 million Egyptian pounds…
Industrial Development Bank pumps $2mn into micro-finance associations
The Industrial Development and Workers Bank of Egypt (IDWBE) has granted 16 million Egyptian pounds (US$2 million)…
IDWBE secures EGP20 million for Egypt’s Micro-sized Projects
Industrial Development & Workers Bank of Egypt (IDWBE) will secure 20 million Egyptian pounds (US$2.6 million)…
SFD plans first Cooperation with ADIB to support SMEs in Egypt
Egypt’s Social Fund for Development (SFD) plans to sign its first agreement with Abu Dhabi Islamic Bank (ADIB) to…
SFD-Egypt, IDWBE ink EGP50 million to support SMEs
Egypt’s Social Fund for Development signed today two French Development Agency-led financing contracts with the…
Egypt’s Industrial Development Bank, SFD to ink New Financing Pact This February
The Industrial Development & Workers Bank of Egypt (IDWBE) will be signing next February a new financing…
Industrial Development Bank Eyes EGP200mn Loans to Support Egypt’s SMEs
The Industrial Development & Workers Bank of Egypt is in ongoing talks with the Egyptian Social Fund for…
IDWBE: Profits, before Appropriations, Hit EGP116mn at Sept-end
Egypt's Industrial Development & Workers Bank (IDWBE) registered profits, before appropriations, amounting to…
Misr Iran Joins Central Bank’s Housing Initiative Next Month
Egypt’s Misr Iran Development Bank announced allocation of EGP 150 million to participate within next month in the…
IDWBE-Egypt Pumps EGP1.2bln in Personal Loan Portfolio within 3 Years
Industrial Development and Workers bank of Egypt (IDWBE) pumped EGP1.203 billion in personal loan portfolio within…
Egypt’s IDWBE Gets First Tranche of SFD’s Loan to Finance Small Bakeries
Egypt's Industrial Development & Workers Bank (IDWBE) received Thursday the first tranche of its loan…
IDWBE Pumps EGP100mn to Close Allocation Gap by 2014-End
Industrial Development and Workers bank of Egypt (IDWBE) has pumped EGP100 million within the first half of the…
IDWBE Eyes SMEs Portfolio Hike to EGP750mn by 2014-End
Industrial Development and Workers Bank of Egypt (IDWBE) eyes recording EGP750 million finance for Small and medium…
11 Egyptian Banks ink Protocol for Affordable Housing Initiative
Egypt's Mortgage Finance Fund signed today protocols of cooperation with 11 local banks to support low-income…
Egypt’s IDWBE Settles 30% of its Bad Loans
The Industrial Development & Workers Bank of Egypt (IDWBE) has recently settled around 30% of its…
IDWBE Inks EGP250mn Protocol Today to Utilize Central Bank’s Housing Initiative
An EGP 250 million protocol cooperation will be signed today between the the Industrial Development and Workers…
A Cooperation Protocol to Be Signed Today to Upgrade Bakeries in Egypt
A Protocol on Cooperation to support owners of small bakeries in Egypt is due to be signed today evening with the…
SFD Eyes EGP90mln for Activating Franchise Contracts with 3 Banks
Social Fund for Development (SFD) is targeting activating 3 franchise contracts with the National Bank of Egypt…
13 Banks Ink Islamic Finance Deal for Egypt’s Noran Sugar Today
Today, 13 banks are due to sign an EGP1.5 billion definitive Islamic finance agreement to go for Noran Sugar…
IDWBE Attains EGP40mln Profits in Q1
Industrial Development & Workers Bank of Egypt (IDWBE) attained EGP40 million within the first quarter of this…
Central Auditing Agency to Adopt IDWBE’s Budget of 2010 by May
Senior sources have informed Amwal Al Ghad that 'Industrial Development and Worker's Bank of Egypt' (IDWBE) reached…
Banque Du Caire, 11 Banks Secure EGP3 bn Loan for Petroleum Sector
Banque Du Caire S.A.E. along with 11 banks signed on Monday financing contracts worth EGP3 billion (around $431…
Egyptian Co-operative Insurance to Approve Business Results of FY12/13
The Egyptian Association for Co-operative Insurance has held its general assembly today in the presence of a…
IDWBE Aims to Achieve EGP565 mln Finance for SMEs by 2014-End
The Industrial Development and Workers Bank of Egypt (IDWBE) is seeking to attain EGP565 million financing…
Industrial Development Bank Secures EGP200mn Loan From Egypt’s SFD
Industrial Development & Workers Bank of Egypt (IDWBE) will sign next month loan agreements of EGP 200 million…
IDWBE Cuts NPL Portfolio to EGP1.635 billion at 2013-end
The Industrial Development &Workers Bank of Egypt (IDWBE) had made settlements with defaulters amounting to EGP…
IDWBE Offers EGP 25 Mln Credit Facilities to Paper Firm in Default
Industrial Development Bank and Workers bank of Egypt (IDWBE) has finalized from floating rate debts in default…
6 Banks To Grant Hyde Park’s EGP1.2 bln Loan Next Tuesday
6 Banks will be signing the final contracts for Hyde Park’s Loan worth EGP 1.2 billion next Tuesday. The loan…
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 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…