Latest in Tag: HDB Highlight
Latest in Tag: HDB

HDB honours young winning bankers in competition of banks’ role in supporting transformation plan into green economy
Ceremony happens within activities of People and Banks Conference

HDB pays attention to expanding non-financial business development centres
Banking sector’s provision of non-financial services complementary bank’s goal to support SMEs, entrepreneurs: Hassan Ghanem

HDB achieves 22.2% growth in net profits to EGP 1.753bn in 9M 2022
Results confirm bank’s success in implementing development strategy to achieve growth in various sectors

HDB launches Housing & Development Properties company for real estate marketing
HDB has over 20 affiliated companies that provide integrated real estate, financing services: Hassan Ghanem

HDB expands its integrated banking activities, records strong growth in 1H 2022
Bank achieved standalone profit of EGP 1.2bn in June 2022, increase of 20.3%

Egypt’s HDB records 7.8% growth, total profits of EGP 878m in 1Q 2022
Chairperson says plans for growth, development of HDB lead to rapid growth rates in various sectors

HDB wins two awards for being most efficient bank in providing mobile and internet banking services
World Business Outlook aims to highlight the outstanding achievements of financial and economic institutions around the world.

HDB launches new package of services to support digital banking strategy: Ghanem
The bank achieved a breakthrough in the field of digital transformation, launches second phase of internet banking services

HDB records 21% increase in pre-provision, tax profit to EGP 2.8bn in 2021
Bank’s business results reflect strength of its financial position, growth rates: Hassan Ghanem

HDB reports EGP 2.038bn profits before taxes in September 2021, with 6.5% growth
Bank’s recent results reflect strong operational performance, developing clear strategy to be among top commercial banks: Ghanem

HDB offers EGP 12.5m to finance Elsewedy Technical Academy’s 3rd branch establishment
Partnership aims to qualify strong generation of technical education graduates

HDB adopts ambitious plan for digital transformation: Chairperson
Housing and Development Bank continues to keep pace with CBE plans, initiatives for digital transformation, enhancing financial inclusion, Hassan Ghanem

Housing and Development Bank records 96% growth in retail loans in 2020
Bank also reports 380% and 20% increase in auto loans and customer deposits, respectively

HDB continues sponsorship of National Project for Saving for Future Apartment
Bank holds two prize draws for Children and Youth Savings Account in 2020

HDB, MasterCard sign partnership contract to expand electronic payment system
This step is an activation of HDB’s strategic objectives, which aim to expand digital banking services and electronic payment channels with competitive advantages, in line with the state’s policy and the Central Bank of Egypt’s (CBE) initiatives to transform the society into a cashless one.

HDB records EGP 1.9bn in profit before tax during 9M 2020
Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson

HDB takes part in EGP 650m syndicated loan to finance Borg El-Arab pharmaceutical plant
The alliance also includes the Export Development Bank of Egypt (EBE), Egyptian Arab Land Bank (EALB), Industrial Development Bank (IDB), and the Suez Canal Bank (SCB).

HDB honours high-performing high school students for 6th consecutive year
The honoured students included those in the preparatory stage, as well as at high school, alongside visually impaired and technical diploma students.

17 banks in Egypt report total EGP 18.565bn net profits in H1 2020
Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure on banks’ balance sheets

HDB offers digital services compatible with all customer segments: Chairperson
HDB Net presents over 15 comprehensive online banking services, says Hassan Ghanem

HDB reports EGP 1.3bn in PBT during H1 2020 despite COVID-19
Bank’s portfolio of customer loans and facilities achieves 8.6% growth to EGP 21.4bn

Banks in Egypt hedge against COVID-19 despite Q1 profit decline
Daily News Egypt monitors profit decline of 12 banks out of 16 surveyed

HDB net profit grows slightly to EGP 604.584m in Q1 of 2020
Bank continues providing uninterrupted comprehensive services alongside preventive measures to protect employees and clients, says HDB

HDB join efforts to support those affected by COVID-19
Bank is providing EGP 20m in aid to support 1,500 families

HDB extends Hassan Ghanem’s tenure as Chairperson, Managing Director for 3 years
Bank’s consolidated net after-tax profits reach record high of EGP 2.2bn in 2019

HDB pumps EGP 100m for auto loans in two months
Bank to centralise retail credit services, deciding on client’s credit eligibility take no more than 12 hours

HDB, Buildings Finance Fund sign deal to facilitate application for housing units
Ghanem said the HDB would market the housing units offered by the fund through the bank’s website, to ensure transparency and equal opportunity, and to make it easier for citizens to apply for the units, whether inside or outside Egypt.

“We aspire to put HDB among Egypt’s top 10 banks”: Ghanem
We aim to focus on industry in our next plan, in implementation of the initiative launched by the CBE to support this sector

HDB allocates 2.5% of profits for CSR, of which 75% go to health, education: chairperson
Bank finances EGP 5.2m for civil engineering, infrastructure management laboratories at Nile University

Balances of HDB’s Children & Youth Saving Account total EGP 645m
Bank prepares for a national savings project in cooperation with youth and social solidarity ministries, says Hassan Ghanem