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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 …

Daily News Egypt

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 …

Daily News Egypt

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