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
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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 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 …
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%
To achieve financial inclusion, we first must reach a phase where clients can dispense with visiting branches: El-Bassiouny
Establishment of HDB aimed at enabling those without bank accounts to obtain housing and banking services
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and transferring investment activity to a company owned by the same shareholders: Sebaey
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. …
HDB plans to launch real estate fund in early March with capital of EGP 500m
The fund’s strategy is based on development processes; returns will be in the third year of the fund’s life, says Tawfik
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 …
HDB increases number of branches to 70
We aim to reach 100 branches by the end of 2018, Sebaey says
HDB focuses on financing 4 major sectors of SMEs
Microenterprises will be financed through companies and associations specialised in these projects, says vice chairperson
HDB pumps EGP 56m in ‘Your Project’ programme over 7 months
Funding volume amounts between EGP 50,000-3m with an interest rate of 5%, projects obtain approvals in five days
HDB suspends cards of manipulative clients, closes their accounts: chairperson
Banks are making great efforts to solve foreign currency shortage in Egypt
HDB posts SME loan portfolio of EGP 1bn: CEO
SMEs constitute 12% of the bank’s loan portfolio
HDB records gross profits of EGP 491.2m for 2015
The HDB’s loans portfolio increased by 15.5% to record EGP 8.2bn, while deposits increased by 21.8% recording EGP 11.7bn
HDB aims to inject EGP 500m in retail loans over 2016
Retail loans constitute 58% of the total loans portfolio in the bank, says Assistant Managing Director
Work, production will pull Egypt out of crisis: HDB Chairman
Building pillars of state is the basis for achieving economic growth and stability, says El-Sebai
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Four bank representatives in Egyptian Union for Real Estate Financing board
The federation also includes four representatives OF real estate companies affiliated to the banks