The Housing and Development Bank achieves remarkable growth in the bank's financial indicators for the year 2021
The Bank achieved the highest
Growth rates among the banks listed on the stock exchange for the deposit portfolio by
.47%
and one of the highest growth banks in property rights by
The bank achieved an exceptional development in its financial indicators by the end of the year 1280. This comes in support of implementing its clear plan to transform into a comprehensive commercial bank. The second in a row, despite the exceptional circumstances and the difficult economic effects that the Egyptian and global economy experienced during 2020 as a result of the spread of the Covid pandemic-19 and the resulting economic effects and exceptional measures to confront them.
Assets
My portfolio of assets has experienced The Housing and Development Bank is an exceptional boom, as the bank’s asset portfolio increased by 36. %
Loan portfolio and credit facilities
The Housing and Development Bank achieved the highest growth rates in granting corporate loans among the banks listed on the Egyptian Stock Exchange, as the growth rate reached 2020.7%
. 6%, which confirms the success of the bank’s policy to provide competitive banking services and products that are appropriate to the needs of all customer segments.
Customer Deposit Portfolio
The bank succeeded in achieving the highest growth rates among the banks listed on the stock exchange for the deposit portfolio, as the deposit growth rate reached a rate of 47 2020 %, which reflects the success of the bank’s policy in enhancing depositors’ confidence.
Property rights
on the level of rights Ownership has increased by 47.
% This is one of the highest growth rates among the banks listed on the stock exchange
Financial Safety Indicators
These results have resulted in improving its efficiency Managing the capital structure and promoting bottom line growth The period of capitalism, where the capital adequacy ratio increased to reach 25. %
Development of banking services
In terms of developing its banking services, the Housing and Development Bank sought to develop its services to be at the forefront of banks that provide everything that is New banking services and products that are compatible with the needs of all customer segments and present them in a competitive manner, with continuous follow-up to all that is new in the banking arena and keenness on permanent development in its banking performance to maintain the confidence of its customers.
In addition to geographical expansion and strengthening digital banking services in order to achieve the state’s directions to reduce cash transactions and enhance dealing with digital payment methods, in light of the full belief in the importance of expanding the use of electronic payments, in line with the policy of The Central Bank. Over the past period, as well as the procedures and policies approved by the Central Bank of The banking sector to alleviate the crisis, and this is in addition to the professionalism of the executive management of the bank, its board of directors and its employees to maintain stable financial levels and a strong financial position.
