IDBE expands SMEs financing; more to come - Official

By: Eslam Fadl

Cairo - Mubasher: The Industrial Development Bank of Egypt (IDBE) has pumped EGP 150 million in financing for small and medium-sized enterprises (SMEs) from the beginning of August until mid-September.

The bank is looking forward to raising investments to EGP 4 billion by the end of the year, the head of the SMEs department Tarek Galal told Mubasher on Tuesday.

IDBE is also studying finances of EGP 400 million for SMEs in upcoming months.

MUBASHER Contribution Time: 18-Sep-2018 18:31 (GMT)
MUBASHER Last Update Time: 19-Sep-2018 08:20 (GMT)