PFI Asset Management launches first sponsored mutual fund ‘PFI Cashi’
PFI Asset Management has announced the launch of its first sponsored mutual fund, the PFI Money Market Fund “PFI Cashi,” marking a key milestone in the company’s growth and diversification strategy. The new fund brings the total number of funds
HDB conducts cyberattack simulation in collaboration with Google Mandiant
The Housing and Development Bank (HDB) has conducted a tabletop exercise simulating a cyberattack, in collaboration with Google Mandiant, a global leader in cybersecurity and incident response. The exercise aimed to assess the efficiency and effectiveness of the bank’s cybersecurity
Housing Minister discusses strategic collaboration with HDB on upcoming projects
Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, recently met with Hassan Ghanem, CEO and Managing Director of the Housing and Development Bank (HDB), alongside other bank officials, to discuss key areas of collaboration between the ministry and the
HDB doubles net profits to EGP 11bn in 2024, marking 83.1% surge
The Housing and Development Bank (HDB) has reported a substantial increase in pre-tax and provisioned profits, reaching EGP 16.855bn in 2024, compared to EGP 9.444bn in 2023. This marks a rise of EGP 7.411bn or 78.5%. Net profits after tax
HDB included in Brand Finance’s top 200 brands in Africa for 2024 – Dailynewsegypt
Bank categorised among fastest growing commercial banks listed on EGX in net profits during 2023, with 167% growth rate
HDB sustains growth: Q1 2024 profits reach EGP 2.4bn with 83.1% increase – Dailynewsegypt
Bank achieves remarkable rates in revenues, net profits despite challenges, competitive environment: Hassan Ghanem