Housing and Development Bank

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Housing and Development Bank
Native name
بنك التعمير والإسكان
EGX: HDBK.CA
IndustryFinancial services
Founded1979; 43 years ago (1979) in Cairo, Egypt
Number of locations
59 branches
Key people
Hassan Ghanem () Muhammed Mansour (Executive director)
Servicesinsurance, trade finance, credit cards, financial services, loans, real estate financing
RevenueE£265 million (2016[1])
E£575 million (2015[2])
Websitehdb-egy.com

Housing and Development Bank (Arabic: بنك التعمير والإسكان) is an Egyptian bank established in Cairo on June 30, 1979 to alleviate housing shortages by narrowing the gap between the low supply and increasing demand. The bank has about 1.265 billion Egyptian pounds of capital and net profits of about E£275 million. The bank is a joint-stock company, of which 29.81% of capital is owned by the New Urban Communities Authority, 11.43% by the Ministry of Awqaf, 9.74% by the Abdul Moneim Al-Rashed Humanitarian Foundation, 8.92% by Misr Life Insurance, 8.29% by , and 7.41% by the Housing Projects Fund.[3]

Subsidiaries[]

  • Ismailia National Real Estate Investments[4][5]

See also[]

References[]

  1. ^ "بنك التعمير والاسكان (HDBK)". Al Jazeera Mubasher. Retrieved 17 May 2021.
  2. ^ "أرباح "التعمير والإسكان" المُجمعة ترتفع 54% في 2015". Al Jazeera Mubasher. March 15, 2016. Retrieved 17 May 2021.
  3. ^ "بنك التعمير والاسكان ( HDBK.CA )". Company Profile. Al Borsa. Retrieved 17 May 2021.
  4. ^ "Housing and Development Bank (HDBK)". Company Profile. Al Jazeera Mubasher. Retrieved 17 May 2021.
  5. ^ "Affiliate Companies". Official company site. Retrieved 17 May 2021.
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