Housing and Development Bank
 New Borg El Arab city Branch | |
Native name | بنك التعمير والإسكان |
|---|---|
| EGX: HDBK.CA | |
| Industry | Financial services |
| Founded | 1979 in Cairo, Egypt |
Number of locations | 59 branches |
Key people | Hassan Ghanem (Chairman and Managing Director) Muhammed Mansour (Executive director) |
| Services | insurance, trade finance, credit cards, financial services, loans, real estate financing |
| Revenue | £E265 million (2016[1]) |
| £E575 million (2015[2]) | |
| Website | hdb-egy |
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 £E1.265 billion of capital and net profits of about £E275 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 Misr Insurance, and 7.41% by the Housing Projects Fund.[3]
Subsidiaries
See also
References
- ^ "بنك التعمير والاسكان (HDBK)". Al Jazeera Mubasher. Retrieved 17 May 2021.
- ^ "أرباح "التعمير والإسكان" المُجمعة ترتفع 54% في 2015". Al Jazeera Mubasher. March 15, 2016. Retrieved 17 May 2021.
- ^ "بنك التعمير والاسكان ( HDBK.CA )". Company Profile. Al Borsa. Retrieved 17 May 2021.
- ^ "Housing and Development Bank (HDBK)". Company Profile. Al Jazeera Mubasher. Retrieved 17 May 2021.
- ^ "Affiliate Companies". Official company site. Retrieved 17 May 2021.