AgriFinance Strategy Development – Industrial Development & Workers Bank of Egypt (IDWB)
The strategic goal of the Industrial Development & Workers Bank of Egypt (IDWB) is to position itself as a lead financier and a champion of agribusiness lending in Egypt. Financial Access supports IDWB to develop an agriculture finance strategy and a business plan, with emphasis on small and medium-sized enterprises, as well as individual entrepreneurs and agricultural cooperatives. Specific objectives of the project include identification of the main focus agriculture sub-sectors and financial products and services and re-define IDWB’s business model, operational requirements, realignment of the bank’s organization structure and development of a training and development plan.
Institution Building – National Bank of Egypt
Financial Access provided a full team of “twin” advisers to support the Egyptian management team in this large and diversified banking institution of systemic importance to the Egyptian economy. Over nearly 2 years, substantial and far-reaching change processes were designed and implemented for many areas in the bank, including the structural and operational organisation, risk management, commercial organisation, and human resources management.
Agrifinance Strategy Advisory Programme – Social Fund for Development Egypt
FA was appointed by Social Fund for Development, the leading domestic development
finance institution in Egypt, to redevelop SFD’s agrifinance strategy and practices.
During the assignment Financial Access helped to sharpen SFD’s strategic focus and
redesigned SFD’s key lending and risk management processes to enhance access to finance
for MSME agri enterprises and smallholder farmers in Egypt. Major improvements include
the development of new, tailored financial products and services, improvement of internal
workflow processes and the implementation of a credit scoring system for agricultural loans.