Housing and Development Bank
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 Misr Insurance, and 7.41% by the Housing Projects Fund.[3]
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 | E£265 million (2016[1]) |
| E£575 million (2015[2]) | |
| Website | hdb-egy |
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.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.