Tag: Industrial Development Bank

Industrial Development Bank approves EGP 5bn capital increase, boosting Banque Misr’s stake

The General Assembly of the Industrial Development Bank (IDB) has approved an…

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Trade Ministry, IDB discuss increasing support to industrial, export sectors

IDB’s financing programmes aimed at contributing to implementation of government’s strategy to…

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IDB pumps EGP 2.2bn to finance 205 factories within ’One thousand factories’ initiative’s framework

Bank grants 11,000 customers EGP 1.2bn within mortgage financing initiative

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IDB profits reach EGP 512m in 2019

We continue to support and develop Egyptian industries to achieve sustainable development:…

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IDB to increase mortgage finance to low-income customers to EGP 1.5bn

The financing is offered at 5% and 7% interest rates, as part…

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We have come a long way in developing IDB’s technological infrastructure: Fahmy

Bank is moving to open branches, plans to launch a number of…

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Industrial Development Bank offers funding to Shaq El-Teaban investors

Bank's credit portfolio increased to EGP 11bn end-July, of which EGP 1.6bn…

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IDB aims to close deferred losses file completely during H1 2019: Chairperson

We need cultural reform plan to develop people's awareness that to thrive…

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IDB’s financial position up to EGP 21.849bn at end October 2018

Deposits up by EGP 5bn in 1 year, loans grew by 21%

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IDB aims to complete treatment plan, put bank on right track by mid-2019: chairperson

We are working on new beginning of bank to serve economy, especially…

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