Housing and Development Bank (HDB) is an Egyptian Joint Stock Company established on 30/6/1979 under Investment Law by virtue of Ministerial Decree No. 147/1979.

HDB is registered with Central Bank of Egypt under No. 89 on 24/9/1979 as an Investment and Business Bank.

The Authorized Capital is 1000 million Egyptian pounds and The Issued and Paid in Capital is 500 million Egyptian pounds divided into 50 million equal shares each of value of 10 Egyptian pounds.

HDB is included among banks authorized to deal in the foreign exchange market pursuant to Ministerial Enactment No. 421 of the year 1993.

The Bank enjoys perfect relationship with a group of selective correspondents worldwide in order to provide developed banking services for its clients in the field of foreign trade.