Egypt’s state-run Housing and Development Bank (HDB) said Thursday net profit rose to 644.161 million Egyptian pounds …
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Banks
Egypt’s state-owned Housing and Development Bank goes live on Temenos core banking system
by Yomna Yasserby Yomna YasserTemenos (SIX: TEMN), the software specialist for banking and finance, announced on December 6th that one of …
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A team of World Bank officials commended efforts exerted by Egyptian Ministry of Housing to carry out …
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Banks
Faisal Islamic Bank’s mortgage portfolio hits $112k for middle-income housing units
by Yomna Yasserby Yomna YasserEgypt-based Faisal Islamic Bank’s portfolio of mortgage finances pursuant to the central bank’s initiative has reached around …
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The net volume of loans portfolio at Housing and Development Bank (HDB) recorded 8.7 billion Egyptian pounds …
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Egypt signed Sunday a $2.5 million grant with the World Bank Group in favour of a social …
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Financial Institutions
Housing & Development Bank, SFD-Egypt prep for new microfinance contract
by Yomna Yasserby Yomna YasserEgypt’s Social Fund for Development (SFD) is to sign in the coming few days a new financing …
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Four Egyptian banks signed on Thursday the biggest financing deal in the history of the country’s housing …
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Banks
Housing and Development Bank to pump 3 bln Egyptian pounds into SMEs in 4yrs
by Yomna Yasserby Yomna YasserEgyptian lender Housing and Development Bank (HDB) is planning to pump 3 billion Egyptian pounds ($335.2 million) …
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Banks
Faisal Islamic Bank receives five low-income housing mortgage requests
by aya salahby aya salahFaisal Islamic Bank of Egypt has received the first five applications Thursday related to the central bank’s …