Housing and Development Bank
Housing and Development Bank (Arabic: بنك التعمير والإسكان) is an Egyptian bank established in Cairo on June 30, 1979 to alleviate housing shortages by narrowing the gap between the low supply and increasing demand. The bank has about 1.265 billion Egyptian pounds of capital and net profits of about E£275 million. The bank is a joint-stock company, of which 29.81% of capital is owned by the New Urban Communities Authority, 11.43% by the Ministry of Awqaf, 9.74% by the Abdul Moneim Al-Rashed Humanitarian Foundation, 8.92% by Misr Life Insurance, 8.29% by , and 7.41% by the Housing Projects Fund.
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Housing and Development Bank
Housing and Development Bank (Arabic: بنك التعمير والإسكان) is an Egyptian bank established in Cairo on June 30, 1979 to alleviate housing shortages by narrowing the gap between the low supply and increasing demand. The bank has about 1.265 billion Egyptian pounds of capital and net profits of about E£275 million. The bank is a joint-stock company, of which 29.81% of capital is owned by the New Urban Communities Authority, 11.43% by the Ministry of Awqaf, 9.74% by the Abdul Moneim Al-Rashed Humanitarian Foundation, 8.92% by Misr Life Insurance, 8.29% by , and 7.41% by the Housing Projects Fund.
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Housing and Development Bank ( ...... by the Housing Projects Fund.
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بنك التعمير والإسكان
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founded
in Cairo, Egypt
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industry
key people
Muhammed Mansour
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name
Housing and Development Bank
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بنك التعمير والإسكان
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ar
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net income
E£575 million
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E£265 million
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insurance, trade finance, credit cards, financial services, loans, real estate financing
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Housing and Development Bank ( ...... by the Housing Projects Fund.
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Housing and Development Bank
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Housing and Development Bank
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