Housing and Development Bank

{{Short description|Egyptian bank}}

{{Infobox company

| name = Housing and Development Bank

| image = Housing and Development Bank.jpg

| image_caption = New Borg El Arab city Branch

| native_name = بنك التعمير والإسكان

| native_name_lang = ar

| industry = Financial services

| founded = {{start date and age|1979}} in Cairo, Egypt

| num_locations = 100 branches

| key_people = Hassan Ghanem (Chairman and Managing Director)

| services = insurance, trade finance, credit cards, financial services, loans, real estate, mortgage

| traded_as = {{EGX|HDBK.CA}}

| revenue = £E265 million

| revenue_year = 2016{{cite web |title=بنك التعمير والاسكان (HDBK) |url=https://www.mubasher.info/markets/EGX/stocks/HDBK |website= Mubasher Info |access-date=17 May 2021}}

| net_income = £E575 million

| net_income_year = 2015{{cite news |title=أرباح "التعمير والإسكان" المُجمعة ترتفع 54% في 2015 |url=https://www.mubasher.info/news/2918062/%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-%D8%A7%D9%84%D8%AA%D8%B9%D9%85%D9%8A%D8%B1-%D9%88%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D8%A7%D9%86-%D8%A7%D9%84%D9%85-%D8%AC%D9%85%D8%B9%D8%A9-%D8%AA%D8%B1%D8%AA%D9%81%D8%B9-54-%D9%81%D9%8A-2015 |access-date=17 May 2021 |work=Mubasher Info |date=March 15, 2016}}

| website = {{URL|hdb-egy.com}}

}}

The Housing and Development Bank ({{langx|ar|بنك التعمير والإسكان}}) is an Egyptian bank established in Cairo on June 30, 1979, originally as a state owned enterprise (SOE), with a mandate to alleviate housing shortages by narrowing the gap between the low supply and increasing demand.{{Cite web |last= |first= |title=About |url=https://www.hdb-egy.com/en/about_bank/ |access-date=2022-12-21 |website=Housing and Development Bank |language=en}} The bank has since been traded on the Egyptian Stock Exchange (EGX) and has the Reuters code HDBK.CA. The bank is a joint-stock company, where at the end of 2021 Egyptian SOEs owned the majority of shares ( 29.81% New Urban Communities Authority, 8.92% Misr Life Insurance, 8.29% by Misr Insurance, and 7.41% by the Housing Projects Fund, 5.03% Ministry of Awqaf) in addition to significant holdings by Saudi Arabian businessmen Abdelmoniem al-Rashed and Ali Dayekh through their Dubai based companies Rolaco EGB Investment LLC 10.00% and Rimco EGT Investment LLC 9.80% respectively.{{Cite web |last= |date=2022-09-04 |title=Fact Sheet: Housing & Development Bank |url=https://marsadomran.info/en/2022/09/2755/ |access-date=2022-12-21 |website=Built Environment Observatory |language=en-US}} At the end of 2022 HDBK had a market capitalization of £E9.2 billion.{{Cite web |title=Housing and Development Bank |url=https://english.mubasher.info/markets/EGX/stocks/HDBK |access-date=2022-12-21 |website=Mubasher Info}} Currently, HDB is listed as number 17 in Forbes' Top 50 Listed Companies in Egypt 2023.{{Cite web |last=Mughal |first=Waqar |title=Egypt's Top 50 Listed Companies 2023 |url=https://www.forbesmiddleeast.com/lists/top-50-companies-in-egypt-2023/ |access-date=2023-06-18 |website=Forbes Lists |language=en-US}}