Housing and Development Bank (an Egyptian joint stock company) was established in 1979 and is recognized as an exemplary model amongst leading banks in the housing and urban development field. The Bank has successfully changed its business model and transformed into a fully-fledged commercial bank, offering a wide breadth of banking services.

The key pillar that paved the way for the Bank’s successful transformation to a commercial bank more than 40 years ago was the confidence the Bank’s customers had in its well-established brand name. In recent years, the Bank has made major leaps in modernizing the banking services provided to individuals and companies alike, including the implementation of state-of-the-art financial technology as well as the significant geographical expansion of the Bank’s network, which now covers all governorates across Egypt. This saw the Bank grow its branch network to more than 100 branches and grow its ATM network to exceed the 400 mark.

Vision

To be a bank of choice in Egypt through innovation, superior customer service, and trust.

Mission

Investing in technology, operations, and people to deliver sustainable growing returns to our shareholders, achieve highest levels of resilience, adhere to green finance objectives, and providing an  optimal experience to our customers and employees.

Strategy

Housing and Development Bank is implementing an ambitious strategy aimed at being the bank of choice in Egypt. This strategy is built on several key pillars, including maintaining a strong focus on placing customers at the forefront of its priorities, fostering innovation in delivering banking services and products to meet evolving customer needs, and enhancing the customer experience by providing exceptional, high-quality services with excellence and efficiency. Additionally, HDB seeks to expand its customer base in alignment with the requirements of the banking market and principles of competition.

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25 May 2022

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15 Nov 2022

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