Latest in Tag: HDB Highlight
Latest in Tag: HDB
Housing and Development Bank continues to keep pace with CBE plans, initiatives for digital transformation, enhancing financial inclusion, Hassan Ghanem
Bank also reports 380% and 20% increase in auto loans and customer deposits, respectively
Bank holds two prize draws for Children and Youth Savings Account in 2020
This step is an activation of HDB’s strategic objectives, which aim to expand digital banking services and electronic payment channels with competitive advantages, in line with the state’s policy and the Central Bank of Egypt’s (CBE) initiatives to transform the society into a cashless one.
Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson
The alliance also includes the Export Development Bank of Egypt (EBE), Egyptian Arab Land Bank (EALB), Industrial Development Bank (IDB), and the Suez Canal Bank (SCB).
The honoured students included those in the preparatory stage, as well as at high school, alongside visually impaired and technical diploma students.
Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure on banks’ balance sheets
HDB Net presents over 15 comprehensive online banking services, says Hassan Ghanem
Bank’s portfolio of customer loans and facilities achieves 8.6% growth to EGP 21.4bn
Daily News Egypt monitors profit decline of 12 banks out of 16 surveyed
Bank continues providing uninterrupted comprehensive services alongside preventive measures to protect employees and clients, says HDB
Bank is providing EGP 20m in aid to support 1,500 families
Bank’s consolidated net after-tax profits reach record high of EGP 2.2bn in 2019
Bank to centralise retail credit services, deciding on client’s credit eligibility take no more than 12 hours
Ghanem said the HDB would market the housing units offered by the fund through the bank’s website, to ensure transparency and equal opportunity, and to make it easier for citizens to apply for the units, whether inside or outside Egypt.
We aim to focus on industry in our next plan, in implementation of the initiative launched by the CBE to support this sector
Bank finances EGP 5.2m for civil engineering, infrastructure management laboratories at Nile University
Bank prepares for a national savings project in cooperation with youth and social solidarity ministries, says Hassan Ghanem
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
Bank ready to join CBE initiative to finance middle-income housing once it comes into effect: Sebaey
Company invested EGP 200m in Golf Corner Mall
Building located on 9,843 sqm, to be completed in 18 months
Deposits up EGP 3.1bn, loans grow by EGP 1.24bn, capital adequacy ratio climbs to 19.95%
We aim to be 1 of top 10 commercial banks in Egyptian banking market during coming period: Ghanem
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 …
Net profit per share increases to EGP 12.89, compared to EGP 6.55 in 2017
Thirty business development centres established in several governorates, will increase in future to cover republic
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 …
Opening new branches comes to activate bank’s expansion policy in line with financial inclusion strategy adopted by CBE: Ghanem