Latest in Tag: Maged Fahmy Highlight
Latest in Tag: Maged Fahmy
IDB targets over EGP 0.5bn profits by end-2019: chairperson
We aim to achieve 30-35% growth in various activities this year, says Fahmy
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 e-banking services in next few months
IDB posts EGP 281m in net profits end 2018
Bank’s financial position rose to EGP 24bn from EGP 19.7bn in 2017, up by EGP 4.3bn or 21.8%: Fahmy
IDB buys land plot in New Administrative Capital for its new headquarters
Bank recently opened 11 branches across Egypt
IDB’s net profits reach EGP 136m in M4 of 2019
Bank allocates EGP 500m to develop its technological infrastructure for modern banking services
IDB allocates EGP 500m to develop bank’s technological infrastructure
We aim to increase the branches to 50 by 2023 up from 18 currently, says Fahmy
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 we need to increase production
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 industrial sector, retail development purposes, provision of modern technological services: Fahmy
IDWBE profits score EGP 244m in 2017: chairperson
Loans up to EGP 7.6bn, EGP 10bn growth in deposits in one year, says Fahmy
Five key themes of IDB launch: chairperson
We aim to overcome financial position problem, deferred losses by end of 2018, followed by increasing capital, says Fahmy
IDWBE injects EGP 675m to deliver gas to 375,000 residential units
Bank signs three contracts with Cairo Gas, Sinai Gas, PetroTrade
IDWBE SMEs portfolio registers EGP 2.6bn
We managed to finance 70,000 clients, link gas to 92,000 residential units in three governorates, says chairperson
Industry future of state in coming period next to SMEs: Fahmy
Energy sector is most prominent sector that can contribute strongly to growth, especially after recent oil discoveries like Zohr
He managed 4 major files efficiently: Fahmy
Amer is a nationalist capable of making bold decisions without fear, says Fahmy
State has to work to increase foreign exchange resources: IDWBE chairperson
Exchange rate is set by supply and demand, increasing volatility of balance curbs, says Fahmy
2017 is the year to rectify the Egyptian economy, bank investment opportunities abound: Fahmy
Banks to look for alternative financing opportunities as state reduces dependence on budget deficit financing in 2017, says Fahmy