
IDBE, DFC sign cooperation protocol to finance furniture manufacturers
Protocol comes in line with the CBE’s initiative to support SMEs, Fahmy said
Protocol comes in line with the CBE’s initiative to support SMEs, Fahmy said
Bank funds 5,220 clients with EGP 529m within initiative, says Fahmy
Amer is a nationalist capable of making bold decisions without fear, says Fahmy
Chairperson of the Board of Directors of the Industrial Development Bank and Egyptian Workers (IDBE-Egypt) Maged Fahmy, and Mai Abdel Hamid, head of the Mortgage Finance Fund (MFF), signed a cooperation protocol to increase the former’s stake in the Central Bank of Egypt (CBE)’s initiative to finance housing for low and medium-income persons. The bank …
El-Kosayer will begin in April and will remain chairman for 3 years
Loans to SMEs represent 16% of bank’s total loan portfolio, which we aim to increase up to 20% before end of 2016, says El-Kosayer
The bank seeks to raise loans to SMEs to 20% by late 2016, says El-Kosayer
The list of accredited consulting firms at CBE includes 81 institutions, among which there are only two banks; the Housing and Development Bank (HDB) and IDBE.
Industrial Development and Workers Bank of Egypt aims to increase customers to 233% within expansion plans for small and medium loans
Furious competition in Egypt’s banking sector as banks race to raise interest rates on bonds