Latest in Tag: HDB Highlight
Latest in Tag: HDB
HDB’s NIAT increases to EGP 1.521bn in 9M of 2019: chairperson
These profits came despite the challenges that the banking sector has faced since the beginning of the year, including CBE’s interest rate cut and applying the IFRS 9
HDB’s mortgage portfolio amounts to EGP 6.6bn: vice chairperson
Bank ready to join CBE initiative to finance middle-income housing once it comes into effect: Sebaey
Beta Egypt contracts with HDB to open its 1st bank in Hadayek October
Company invested EGP 200m in Golf Corner Mall
Orascom Construction to build HDB headquarters at the NAC for EGP 636m
Building located on 9,843 sqm, to be completed in 18 months
HDB achieves EGP 1.072bn net profits June-end
Deposits up EGP 3.1bn, loans grow by EGP 1.24bn, capital adequacy ratio climbs to 19.95%
HDB joins the list of official sponsors of African Cup of Nations Total 2019
We aim to be 1 of top 10 commercial banks in Egyptian banking market during coming period: Ghanem
Kabil joins HDB board
The Housing and Development Bank’s (HDB) general assembly approved on Wednesday the appointment of Tarek Kabil, former minister of trade and industry, as an independent member of the bank’s board of directors, after obtaining the approval of the Central Bank of Egypt (CBE). The board of directors of the HDB includes Fathi Sebaey as chairperson …
EGP 550m increase in HDB profits in 2018
Net profit per share increases to EGP 12.89, compared to EGP 6.55 in 2017
HDB partakes in Nile Pioneers Initiative by financing of bank’s incubator for construction
Thirty business development centres established in several governorates, will increase in future to cover republic
HDB, Civil Status Organization sign protocol over clients’ database
The Deputy Chairperson and Managing Director of the Housing and Development Bank (HDB), Hassan Ghanem, and Assistant Interior Minister for the Civil Status Sector, Mohamed Al-Aasar, signed a cooperation protocol on Saturday to allow the bank to inquire about their clients through the Civil Status Organization’s database. The protocol facilitates for the bank direct inquiring …
HDB opens 4 new branches, bringing its network to 87 branches
Opening new branches comes to activate bank’s expansion policy in line with financial inclusion strategy adopted by CBE: Ghanem
HDB profits scored EGP 1.393bn end September: chairperson
Bank’s housing projects profits increased to EGP 370.3m end of September, up by 24.7%
MERIS confirms HDB rating at A- with stable outlook
Bank’s rating reflects relative improvement in banking sector in Egypt
HDB holds 34th raffle for children, youth savings account
175,000 participated in vessel with total balances of EGP 565m
EGP 1.393bn net profits of HDB by end of September 2018: Chairperson
EGP 2.4bn net income from return with 64.9% increase rate compared to September 2017, says El Sebaey
HDB’s SMEs portfolio amounted to EGP 2.2bn at end June: chairperson
Bank intends to pump EGP 400m to finance SMEs: El-Sebai
HDB signs agreement with Port Said Governorate to establish 294 housing units in Jawhara project
Bank granted mortgage funding for 22,000 social housing beneficiaries worth EGP 500m
HDB, Damietta Furniture City Company sign agreement to finance workshops specialised in furniture industry
Bank funds 70-90% of project for one to 10 years, including grace period up to 12 months, says Ghanem
HDB plans to launch share of one of its companies in EGX: chairperson
CBE has not responded yet to proposal to divide activity of bank to real estate, commercial, we are looking for suitable alternatives for shareholders, says El Sebai
HDB launches mobile service, prepares to launch internet banking by year-end
Launching service is important step in bank’s targeted development plan, to keep abreast of rapid technological development, says Sebaey
HDB targets EGP 8.82bn in deposits, EGP 3.7bn loans portfolio by end-2018
Bank aims to increase profits by 50% to EGP 1.5bn
HDB aims to be among Egypt’s top 10 banks by end-2022: chairperson
Negotiations continue with CBE to separate real estate from banking activities, says El-Sebaey
HDB brings nationwide branches to 81
Bank opened first branch in Matrouh, second branch in Borg El Arab to open this week
HDB aims to open 20 new branches in 2018: El-Sebaey
Bank added 10 branches in 2017, targets 100 branches
HDB offers doctors loans to fund clinic furnishing
The Housing and Development Bank (HDB) offers doctors the necessary funding to buy clinics, furnish them, and purchase the needed/’;[[]’[ medical equipment. The funding represents 75% of the value of the clinic or the equipment required to be purchased. Repayment of the funds to purchase medical equipment can be made over five years, and if …
Only 3 banks provide direct loans to finance tourism trips in Egyptian market
Banque Misr, AIBK, Al Baraka launch special programmes for these loans within the retail banking products among 22 banks included in Daily News Egypt’s scan
HDB offers various services through 2 branches, 4 ATMs
The bank is unique in granting real estate finance to customers who wish to purchase residential and administrative units
HDB raises number of branches to 73
El-Sebai opens the second branch of the bank in Daqahleya governorate to serve the citizens of Gamasa and the industrial city
Beltone expects HDB’s net profit to exceed EGP 800m by year end
Bank’s initial 2017 budget includes deposit growth by 40%, loans by 30%, profit by 30%
Increase of HDB loan portfolio to EGP 10bn in late March 2017: chairperson
The bank is still awaiting the CBE’s approval to separate real estate activity from trade activity, according to El Sebaie