Tag: IDB

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

Hossam Mounir

IDB profits reach EGP 512m in 2019

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

Hossam Mounir

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…

Hossam Mounir

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

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

Hossam Mounir

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…

Hossam Mounir

IDB, Cairo governorate sign cooperation protocol to support, finance development, industrial projects in governorate

Protocol continuation of bank's vital development role to create good investment climate,…

Hossam Mounir

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…

Hossam Mounir

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…

Hossam Mounir

IDB launches its 1st savings vessel product

Bank managed to increase its retail banking portfolio to EGP 1.4bn in…

Hossam Mounir