Latest in Tag: Housing and Development Bank Highlight
Latest in Tag: Housing and Development Bank
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
Housing and Development Bank prioritises digital transformation: Chairperson
Bank to launch instant money transfer service, digitise other banking services this year: 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
Housing and Development Bank launches new service targeting wealthy clients
Bank’s profit before tax increases 10.8% y-o-y, recording EGP 1.45bn in FY 2020/21
Housing and Development Bank achieves 10.8% PBT growth to EGP 1.45bn in H1 2021
Bank continues to achieve positive growth due to continuous support of development, expansion plans: Chairperson
Housing and Development Bank reports 13.7% profit growth in Q1 2021
Good results come due to clear development strategy through which HDB seeks to become among top commercial banks, said Chairperson Hassan Ghanem
Financial inclusion top priority for Housing and Development Bank: Chairperson
Bank conducts first periodic draw for 2021 on Children, Youth Savings Account prizes
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 records EGP 1.9bn in profit before tax during 9M 2020
Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson
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
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
“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
Hassan Ghanem new head of Housing and Development Bank
Ghanem has extensive banking experience of more than 33 years, during which he held various leadership positions in the banking sector.
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli comes second by EGP 4.217bn
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 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
Banks continue to shine with strong business results in 9M18
Marked increase in deposits, loans portfolios, NPLs decline at most banks
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 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
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 …
HDB brings nationwide branches to 81
Bank opened first branch in Matrouh, second branch in Borg El Arab to open this week
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
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
National Project for Saving for Future Apartment is a main tool of HDB to achieve financial inclusion: Sebaey
Fathi Sebaey, chairperson and managing director of the Housing and Development Bank (HDB), said that the bank is always keen to sponsor and develop the National Project for Saving for the Future Apartment, which is being implemented in cooperation with the Ministry of Education, making it one of the bank’s main tools to achieve financial …
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 …
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 …