World Bank Pumps $500 mln to Finance Microenterprises in Egypt
A high-profile delegation from the World Bank (WB) has visited a number of projects being implemented by the Social…
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SFD
Egypt:US$6 bln Loan Agreements Signed Since Morsi’s Ouster
The total loans and grants received by Egypt’s army-backed government since July 2013 have hit around US$ 5.9…
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…
SFD Says Total Loans Offered to SMEs Hit EGP1.2 bln by June-End
The Social Fund for Development (SFD)’s total loans offered to the Small and Medium-sized Enterprises (SMEs) have…
SFD To Launch Restricted Speculation System To Finance SMEs in Egypt
Ghada Wali, general secretary of the Social Fund for Development (SFD), has announced on Monday that the fund…
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…
Alex Bank To Join 3 Banks In Financing Franchise Enterprises
Alex Bank Intesa Sanpaolo plans to join the National Bank of Egypt (NBE), Bank Audi Egypt and Industrial…
SFD Finances 19,000 Small Enterprises In Upper Egypt With EGP 145.3 Mln
The Social Fund for Development (SFD) financed about 19,000 micro- and small enterprises in Minya, Beni Suef,…
CIB Signs EGP 100 Mln Deal With SFD To Finance Micro-enterprises
The Commercial International Bank (CIB) has signed a finance contract worth EGP 100 million with the Social Fund…
SFD Secures US$ 120 Mln From World Bank By H2, 2013
The Social Fund for Development (SFD) will receive the US$ 120 million second tranche of the US$ 300 million…