Tag: the Industrial Development Bank

IDB agrees to finance industrial projects in Beni Suef

IDB Chairperson and Managing Director Maged Fahmy said that, through the protocol,…

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IDB’s SME portfolio jumps from EGP 400m to EGP 5bn over 5 years

Bank injects EGP 4.1bn to finance 330 customers under Thousand Factories initiative

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IDB reports 12% increase in PBT to EGP 337.79m in July 2020

Bank records 105% growth in medium-sized enterprise portfolio, 20% decline in non-performing…

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IDB to offer financial support to enterprises in Menoufiya

Bank will finance delivering natural gas, drinking water, sanitation, and electricity to…

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IDB finalises its technological infrastructure, prepares e-services launch

Bank allocates EGP 600m to comprehensive technological development, establish electronic branches, expand…

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IDB pre-tax profit increases %3.1 to EGP 391m in 2019

Bank's total financial position increased to EGP 30.380bn in 2019, an increase…

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IDB to open first business centre in Borg Al Arab in 2020

Among those activities was the bank’s sponsorship of the Business Centre for…

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IDB targets over EGP 0.5bn profits by end-2019: chairperson

We aim to achieve 30-35% growth in various activities this year, says…

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IDB signs protocol with Port Said governorate to finance industrial units in South Raswa

54 clients would benefit from this protocol to provide them with the…

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