Sisi issues law naming PBDAC to Egyptian Agricultural Bank
Egyptian President Abdel Fattah al-Sisi has issued late Sunday a decree to rename state-owned agricultural lender…
Browsing Tag
PBDAC
Egypt’s state agriculture bank inks debt settlements with 5200 clients
Egypt’s main agricultural lender PBDAC has signed debt settlement agreements swith 5200 clients during the first…
Parliament initially approves restructuring Egypt’s state agricultural bank
The agricultural and economic affairs committees in the Egyptian parliament have given their initial approval on…
Facebook on top of Egypt main agricultural bank chief’s concerns
Egypt’s main agricultural lender PBDAC has sent an official request to all employees not to post any information or…
Egypt’s state agriculture bank seeks consulting proposals to boost assets
Egypt’s main agricultural lender PBDAC requested proposals from consulting offices, to boost efficiency in assets…
SFD to ink $2.8 mln finance package with Egypt’s state agriculture bank
Egypt’s main agricultural lender PBDAC will sign Thursday a financing package deal with the country’s Social Fund…
Egypt’s state agricultural lender names new chairman
Egypt’s main agricultural lender, Principal Bank for Development and Agricultural Credit (PBDAC) appointed…
3 consulting firms vie for restructuring Egypt state agricultural lender
Three firms for financial consulting are bidding for the restructure of Egypt’s main agricultural lender, Principal…
Egypt’s main agricultural bank to inject $127.7mn in desert reclamation project
Egypt’s main agricultural bank, PBDAC is planning to invest one billion Egyptian pounds (US$127.7 million) in the…
Egypt’s main agricultural bank earmarks $12.7 million for electricity loan
Egypt's main agricultural bank PBDAC is taking part in the state-run Egyptian Electricity Transmission Company…
EXCLUSIVE: Egypt’s main agricultural bank eyes central bank’s $638.5mn loan
Egypt's main agricultural bank PBDAC is seeking a subordinated loan worth 5 billion Egyptian pounds (US$638.5…
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…
Egypt Farm Bank to Expand in Financing Agricultural Development Firms
Egypt's main agricultural bank - the Principal Bank for Development and Agriculture Credit (PBDAC) plans to expand…
PBDAC Narrows Non-Performing Debts to EGP220mn
Principal Bank for Development and Agricultural Credit (PBDAC) Chairman Attia Salem asserted that the total value…
Egypt Farm Bank Attains EGP30mn Surplus in Islamic Dealings
Egypt’s main agricultural bank - Principal Bank for Development and Agricultural Credit (PBDAC) recorded a surplus…
Arab Misr GIG Plans Marketing Poultry Insurance Policy via PBDAC
CEO - Reinsurance & head of Technical Affairs Department at Arab Misr Insurance GIG Ali Bashandy said his…
PBDAC Eyes Alluring EGP5 bln New Deposits in FY14/15
Principal Bank for Development and Agricultural Credit (PBDAC) Chairman Attia Salem revealed that the bank is…
KPMG-Hazem Hassan to valuate Egypt’s farm bank ahead of restructure
KPMG Hazem Hassan Consulting will conduct the valuation studies for Egypt's main agricultural bank – Principal Bank…
SFD Egypt Plans Signing New Financing Pacts for SMEs Sector Soon
Egypt’s Social Fund for Development (SFD) is set to start talks soon with a number of local banks over financing…
Egypt Farm Bank Says SFD’s Total Finances Hit EGP2 billion
Egypt's main agricultural bank PBDAC registered total finances granted by Social Fund for Development (SFD),…
Egyptian PBDAC Mulls Divesting Assets amid Capital Top-up Plans
Egypt's main agricultural bank - the Principal Bank for Development and Agriculture Credit (PBDAC) is planning this…
PBDAC Aims to Boost Financing of Micro Projects to EGP1 bln FY13/14-End
Emad Abd El-Aziz Salem, Vice Chairman of the Board and Director at Principal Bank for Development and Agriculture…
Egypt Farm Bank Mulls Entire Wheat Crops Purchase
Egypt's main agricultural bank - the Principal Bank for Development and Agriculture Credit (PBDAC) is considering…
Agricultural Credit Bank In Talks With SFD Over EGP 100 Mln Finance Agreement
The Principal Bank for Development and Agricultural Credit currently conducts negotiations with the Social Fund for…
Agricultural Credit Bank Grants Loan Defaulters Reprieve Till End-June
The Principal Bank for Development and Agricultural Credit has given loan defaulters a reprieve till the end of…
Agricultural Credit Bank Pays EGP 2.4 Bln For 912,000 Tons Of Wheat
Alaa Samaha, chairman of Principal Bank for Development and Agricultural Credit, said that wheat storehouses are…
Kandil Dismisses Agricultural Credit Bank Chairman
The Egyptian Prime Minister Hesham Kandil has dismissed Mohsen El-Batran, chairman of the Principal Bank for…
Agricultural Credit Bank To Offer EGP 100 Mln Islamic Micro-Enterprise Finances
The total value of Murabaha finances offered by the Principal Bank for Development and Agricultural Credit (PBDAC)…
Agricultural Credit Bank Launches Islamic Retail Banking Products
The Principal Bank for Development and Agricultural Credit targets to expand in Sharia-compliant retail banking…
Agricultural Credit Bank To Launch Islamic Retail Banking Products In January
The Principal Bank for Development and Agricultural Credit targets to expand in Sharia-compliant retail banking…
PBDAC Postpones Meeting With Bangladeshi Delegation
Sources at the Principal Bank for Development and Agricultural Credit said the current political turmoil delayed…
PBDAC Targets Raising Islamic Deposits To EGP 1.5 Bln In FY 2012/13
The Principal Bank for Development and Agricultural Credit targets to increase the value of Islamic deposits to EGP…
Agricultural Credit’s Islamic Finances To Micro-Enterprises Hit EGP 5 Mln
The Principal Bank for Development and Agricultural Credit’s Islamic finances for micro agricultural projects…
Agricultural Credit Bank To Set Up Productive Villages
The Principal Bank for Development and Agricultural Credit is in talks with the Ministry of Agriculture to buy…
NBE Rejects PBDAC’s Cooperation Protocol On ATMs
The National Bank of Egypt (NBE) has turned down a request submitted by the Principal Bank for Development and…
Agricultural Credit Bank Discusses Mutual Cooperation Methods With Bangladesh
The Principal Bank for Development and Agricultural Credit will meet with a Bangladeshi delegation this week to…
Finance Ministry Writes Off EGP 167 Mln Debts Owed By 75,000 Farmers
The Ministry of Finance approved writing-off debts of about EGP 167 million owed by about 75,000 farmers, according…
PBDAC Launched Four New Islamic Banking Units
The Principal Bank for Development and Agricultural Credit launched four new Islamic banking units, which were…
PBDAC Negotiates With SFD Over EGP 100 Mln Murabaha Contract
The Principal Bank for Development and Agricultural Credit is in talks with the Social Fund for Development (SFD)…
Agricultural Credit Bank: Islamic Finances Hit EGP 507 Mln In August
The Principal Bank for Development and Agricultural Credit stated that the value of Islamic finances (Musharaka and…