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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 …

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

HDB expands its branches to 7

The Housing and Development Bank (HDB) increased the number of its branches to 71 after the opening of its most recent branch in Badr City near the Egyptian Russian University. Fathy El-Sebai, chairperson of the bank, revealed earlier that the bank plans to take the number of branches to 100 by the end of 2018. …

Daily News Egypt

HDB raises number of branches to 71, opens in El Tor

The Housing and Development Bank (HDB) has increased the number of its branches to 71, after opening a new branch in El Tor. Fathy El-Sebai, chairperson of the HDB, inaugurated the new branch in El Tor last week. This would be the fifth branch in South Sinai, along with three branches in Sharm El-Sheikh in …

Hossam Mounir

HDB conducting public lottery for social housing land in January 2017

The Housing & Development Bank is currently conducting a lottery for social housing land in 10th of Ramadan City from 9-26 January 2017. The bank had previously conducted a public lottery in cooperation with the New Urban Communities Authority (NUCA) from 17-29 November on lands located in 15th of May City, Obour City, New Cairo, …

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 graduates first batch in the SMEs financing training course

The Housing and Development Bank (HDB) and FA Group for Financial Consulting have held a graduation ceremony for the first batch of small- and medium-sized enterprises (SMEs) financing training course, which included 25 of the bank’s employees. Graduation certificates were given to the trainees in the presence of the former governor of the Central Bank …

Daily News Egypt