Tag: Housing and Development Bank

Acumen-Beltone to promote subscription to HDB fund in Q1of 2017

The company is planning to promote the fund among investors from Gulf…

Mohamed Ahmed Mohamed Ahmed

Hyde Park Properties targets EGP 3bn in sales by end of 2017

The company’s administrative units project covers 500,000 sqm; its first phase will…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s economy growing at good pace, investment incentives will enhance growth: HDB chairperson

The Egyptian market is large and diverse; Arab and foreign investors want…

Hossam Mounir Hossam Mounir

HDB Loans portfolio amounts to EGP 8.7bn as of June: chairperson

Net profits of the bank reached EGP 394.7m in the first half…

Hossam Mounir Hossam Mounir

Housing and Development Bank opens its 64th branch

The bank will begin applying the new Core Banking system and offer…

Daily News Egypt Daily News Egypt

HDB opens new branch, adopts tourism promotion initiative

Chairman of the Housing and Development Bank (HDB) Fathy El-Sebai recently inaugurated…

Daily News Egypt Daily News Egypt

6 banks exempted from applying maximum wage

Six other banks await a judicial ruling for exemption

Hossam Mounir Hossam Mounir

Housing and Development Bank contributes EGP 150m to tourism sector in 2014

Rate of loans in real estate sector approximately 7.2% of bank’s total…

Shaimaa Al-Aees Shaimaa Al-Aees

Campaign to build studio apartments for youth

If the government decides to build such apartments, the bank will support…

Shaimaa Al-Aees Shaimaa Al-Aees