Latest in Tag: Housing and Development Bank Highlight

Advertising Area







Latest in Tag: Housing and Development Bank


HDBEG scores EGP 1.07bn net profit in 2017

Performance indicators of the Housing and Development Bank (HDBEG) during 2017 revealed the bank’s success in achieving a net profit, after paying EGP 1.075bn in taxes, which the bank attributed to the professional policy of its senior management and the efforts of its employees. The gross profit before taxes reached EGP 1.49bn by the end …

Daily News Egypt

HDB distributes prepaid cards to university students

As part of its participation in the Financial Inclusion Week, the Housing and Development Bank (HDB) is present at a number of universities and youth centres across Egypt to raise the awareness of dealing with banks. The bank will also distribute a number of “Felousy” prepaid cards to university students, next to offering fee-free products …

Hossam Mounir

Housing and Development Bank-Egypt goes live on Temenos Core banking system

Temenos, the software specialist for banking and finance, announced on Sunday that the Housing and Development Bank-Egypt has successfully gone live with Temenos Core banking system. Masaref, Temenos’ Egyptian partner, implemented the transformation project within two years, overcoming the challenge of replacing an in-house legacy system, which had been deeply customised to cater to the …

Daily News Egypt

HDB opens new branch, adopts tourism promotion initiative

Chairman of the Housing and Development Bank (HDB) Fathy El-Sebai recently inaugurated the bank’s newest branch in Mokkatam, putting the bank’s total number of branches at 63. The inauguration was part of the bank’s plan to target expanding the bank’s network to 100 branches. The bank’s geographic expansion strategy aims to reach the largest number …

Daily News Egypt

End of Section