Egypt’s Social Housing Fund, IDB seal EGP4b mortgage finance cooperation
Egypt’s Social Housing and Mortgage Finance Support Fund signed a cooperation protocol on Wednesday with the…
Browsing Tag
Industrial Development Bank
Egypt-UAE currency swap deal eases hard currency crunch: IDB chair
Egypt’s recent $1.4 billion currency swap agreement with the UAE is one of the unconventional major solutions to…
Saudi grants EGP1.5 bn to 3,524 projects in Egypt – minister
Egypt’s Minister of International Cooperation Rania Al-Mashat said on Tuesday that total funds presented by the…
NBE leads major loan to build campuses for European universities in Egypt
The National Bank of Egypt (NBE), the country’s largest public lender, has led a 962 million Egyptian pound ($61.2…
IDB pumps EGP 2.1bn into 205 factories among its initiative
Egypt's state-run Industrial Development Bank has offered funding of about 2.1 billion Egyptian pounds to 205 among…
Egypt’s Industrial Development bank achieves profits of EGP 512m in 2019
Egypt's state-run Industrial Development bank (IDB) achieved profits of 512 million Egyptian pounds, before taxes,…
Egypt’s Industrial Development bank performing loans rise 38% 2019-end
Egypt’s state-run Industrial Development bank (IDB) said on Saturday its performing and non-performing loans…
Egypt’s IDB bank 10-month profits grow to almost half billion pounds
Egypt’s state-run Industrial Development Bank (IDB) has made a higher profit in October up to 435 million Egyptian…
Egypt’s IDB to sign EGP500mln agreement as part of CBE’s mortgage initiative
Egypt's Industrial Development Bank seeks to sign an agreement with the Social Housing And Mortgage Finance Fund…
Egypt’s Industrial Development Bank finances 167 plants with $60.2mn
Egypt's state-owned Industrial Development and Workers Bank (IDWBE) has offered finances of 1 billion Egyptian…
Industrial Development bank launches an initiative to finance 1,000 factories
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) announced that the bank launched an initiative 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 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…
Industrial Development Bank: Total Funding for SMEs Hit EGP460mn in Q1
The Industrial Development and Workers Bank of Egypt (IDWB) reported EGP 460 million in its total finances for the…
Industrial Development Bank Eyes 33% Retail Lending Growth This Year
The Industrial Development and Workers Bank of Egypt (IDWB) targets a 33% growth in its retail loan portfolio…
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…
Industrial Development Bank Attains EGP426 mln SMEs Finance Portfolio by Sept-End
The Industrial Development and Workers Bank of Egypt (IDWB) recorded an increase in its SME finance portfolio…
Industrial Development Bank Eyes Capital Top-up to EGP2 bln
The Industrial Development & Workers Bank of Egypt (IDBE) is currently in talks with the country’s ministries…
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 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…
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 Offers Medium Enterprises EGP 250 Mln
The Industrial Development and Workers Bank of Egypt targets to offer finances worth EGP 250 million to…
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 Negotiates With NBE, CIB Over Foreign Loans
The Industrial Development and Workers Bank of Egypt is currently conducting negotiations with the National Bank of…
Industrial Development Bank Seeks Cooperation With Industrial Authorities
The Industrial Development and Workers Bank of Egypt targets to sign a protocol of cooperation with a number of…
Industrial Development Bank’s Retail Loans Hit EGP 108 Mln In 2012
The Industrial Development and Workers Bank of Egypt’s retail loan portfolio reached EGP 108 million at the end of…
Industrial Development Bank Bails Out Four Customers With EGP 25 Mln
The Industrial Development and Workers Bank of Egypt injected credit facilities worth EGP 25 million, to bail out…
Industrial Development Bank’s SME Finance Portfolio 141% Up In 2012
The Industrial Development and Workers Bank of Egypt’s SME finance portfolio grew by 141% to reach EGP 350 million…
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 Launches Four Branches In 2013
The Industrial Development and Workers Bank of Egypt targets to launch four branches in 2013, after receiving…
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 To Lend Youths EGP 25 Mln For Agricultural Projects
The Industrial Development and Workers Bank of Egypt is in talks with the Social Fund for Development (SFD) to…
Social Fund signs EGP 500 m contracts with 5 banks in Q1
Social Fund for Development signed financing contracts in value to EGP 500 million with 5 banks, which will be…
Social Fund to increase loan portfolio to EGP 5 billion this year
Written by: Ahmed Aly and Mohamed Hamdy The loan portfolio, offered from the Social Fund for Development to finance…