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IDWB’s micro enterprises portfolio totals EGP 1bn, banker

Tuesday 24 July 2018 02:20 PM

Majid Fahmy
Majid Fahmy

By Ahmed Al - Desouki

Industrial Development and Workers Bank Board of Directors Chairman Majid Fahmy said that the bank's microfinance portfolio totals EGP 1 billion.

Fahmi said during a ceremony to sign a 100 million pounds contract with Enterprises Authority that his lender is highly interested in microfinance, pointing out that the total portfolio of small projects in the bank is estimated at 2.6 billion pounds.