Egypt’s Misr Iran bank 2016 profits jump to 1 bln pounds on currency float
Egypt’s Misr Iran Development Bank (MIDB) says profits had risen to one billion Egyptian pounds ($55 million)…
Browsing Tag
Misr Iran Bank
Misr Iran Bank allocates 100-million Pounds to support Egypt Electricity
Misr Iran Development Bank (MIDB) intends to inject 100 million Egyptian pounds in a 1.5 billion pound (US$196.6…
Misr Iran Bank: Profits Hit EGP229 million in 9 Months
Misr Iran Development Bank (MIDB) announced Thursday its profits hit EGP 229 million during the first nine months…
Misr Iran Banque Raises EGP 1.6 Bln T-Bills Investments In June-End
The total investments of Bank Misr Iran in Treasury Bills and Bonds have hit a record around jumping to its highest…
Remco Pays Off US$ 16 Bln Debt To Misr Iran Bank In 2014
Remco for Touristic Villages Construction will finalize paying all installments of its US$ 16 million debt to Misr…
Misr Iran Bank’s Deposit Portfolio Hit EGP 6.4 Bln At End-March 2013
Misr Iran Development Bank’s deposit portfolio reached EGP 6.4 billion at the end of last March, compared to EGP…
Misr Iran Bank Q1 Net Profit Hit EGP 86 Mln
Misr Iran Development Bank’s net profit reached EGP 86 million at the end of Q1 of 2013, compared to EGP 80 million…
Misr Iran’s Net Profit Hit EGP 215.4 Mln At End-2012
Misr Iran Development Bank’s standalone income statement that it achieved net profit of EGP 215.4 million at the…
Misr Iran Receives EGP 50 Mln As First Tranche From SFD
Misr Iran Development Bank has received EGP 50 million as the first tranche of the loan agreement that it recently…
Misr Iran Bank Eyes 25% Profit Increase In 2013
Misr Iran Development Bank achieved profit of EGP 300 million before deducting taxes and provisions at the end of…
Misr Iran Bank Raises Its Investments In T-Bills To EGP 1.4 Bln
Misr Iran Development Bank’s investments in treasury bills reached EGP 1.4 billion at the end of 2012, up from EGP…
Misr Iran Bank Raises Capital By EGP 286 Mln
Misr Iran Development Bank has raised issued and paid-up capital by EGP 286 million to reach EGP one billion last…
Misr Iran Bank To Offer EGP 1 Bln Loans In 2013
Misr Iran Development Bank plans to increase loan portfolio to EGP 5 billion by the end of 2013, up from EGP 44…
NBE To Sign Loan Agreement With El Marakby Next January
The National Bank of Egypt (NBE) and Misr Iran Development Bank are receiving final approvals from banks to…
Misr Iran Development Bank’s LTD Ratio Hit 77% In September
Misr Iran Development Bank’s loan-to-deposit ratio stood at 77% at the end of last September as loan portfolio…
Misr Iran 9-Month Profit Hit EGP 180 Mln
Misr Iran Development Bank achieved profit of EGP 180 million at the end of Q3, up from EGP 150 million at the end…
Misr Iran Won’t Contribute To Financing Egyptian Steel Factory
Misr Iran Development Bank withdrew its offer of contributing to the EGP 1.07 billion loan arranged for the…
Misr Iran Invests EGP 1 Bln In Govt. Debt Instruments
Misr Iran Development Bank’s investments in government debt instruments (treasury bills and bonds) reached about…
Misr Iran Eyes EGP 250 Mln Profit In 2012
Misr Iran Development Bank targets to achieve profit of EGP 100 million in the second half of the current year to…
Misr Iran Raises Paid-Up Capital By EGP 286 Mln In 2012
Misr Iran Development Bank targets to increase its paid-up capital by EGP 286 million, to reach EGP one billion by…
Misr Iran Delays The Launch Of 3 New Branches To 2013
Misr Iran Development Bank decided to postpone the launch of three new branches in Delta, Upper Egypt and Suez…
Misr Iran Bank’s Deposits Fell To EGP 5 Bln
Misr Iran Bank has continued to lose its deposits as they fell by EGP one billion to register EGP 5 billion in the…
Dubai’s Ridge Capital Buys Egypt’s Asset Firm El Rashad
Dubai-based regional investment bank Ridge Capital has bought 100 percent of Egyptian asset management firm El…
Misr Iran’s Non-Performing Loans Register 7% At The End Of Q1
Misr Iran Bank’s non-performing loans portfolio registered EGP 300 million during the first quarter of the current…
Misr Iran’s Retail Portfolio Registers 15 Mln At The End of Q1
Misr Iran Bank’s retail portfolio rose by EGP two million, registering EGP 15 million at the end of the first…
Misr Iran Targets 25% Increase in Loans in 2012
Misr Iran Bank targets achieving an increase in loans portfolio ranging from 20% to 25% and an increase in deposits…
Misr Iran Eyes EGP One Billion Increase in Deposits Portfolio By 2012
Misr Iran Bank aims at increasing its deposits portfolio by EGP one billion to reach EGP 6.5 billion this fiscal…
“Takaful” eyes1.5 m from the new products
Egyptian Takaful Insurance Company “Property” targets achieving EGP 1.5 million in installments in the first phase…
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…