Egypt’s Housing & Development Bank was established 35 years ago; in 1979, as an arm of the Ministry of Housing. At the time of its launch, it had a clear mandate to finance moderate housing units for Egyptians, while also bridging the gap between supply and demand in the nation’s real estate market. By the late 1980s & 1990’s HD Bank had already successfully concluded many flagship developments, which brought new housing units to many urban communities and strategic investments in the country’s northern coastal resorts.
Egypt’s Housing & Development Bank was established 35 years ago; in 1979, as an arm of the Ministry of Housing. At the time of its launch, it had a clear mandate to finance moderate housing units for Egyptians, while also bridging the gap between supply and demand in the nation’s real estate market. By the late 1980s & 1990’s HD Bank had already successfully concluded many flagship developments, which brought new housing units to many urban communities and strategic investments in the country’s northern coastal resorts.
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