Hassan Ghanem, Chairman and Managing Director of the Housing and Development Bank, honored the retail banking sector and branches for their outstanding performance, which led to achieving high growth rates for all retail banking services during the year 2020, and these achievements were achieved as a result of developing an ambitious strategy through which the bank seeks to be in Introduction of commercial banks and the implementation of a plan to develop banking services and products in addition to expanding digital transformation and enhancing financial inclusion, in line with the Central Bank’s strategy to spread the culture of cashless payment.

Walid Matar, Assistant Managing Director for Retail Banking and Branches, stated that the Housing and Development Bank was keen during the previous period to expand its retail banking products and introduce new competitive products that suit the needs of the Egyptian market and the continuous development in banking and electronic services with the development of current services to meet the needs of all segments The community and the expansion of the customer base, which led to achieving high growth rates of 96% for retail banking loans. The rate of increase in car loans reached nearly 380% to achieve a strong and noticeable presence in the car loan market during 2020, while the rate of increase in deposits reached Customers nearly 20%, in addition to the increase in the rate of issuance and use of credit cards to nearly 90%, and the rate of increase has also reached