The Daily News Egypt

HDB brings nationwide branches to 81

Bank opened its first branch in Matrouh, second branch in Borg El Arab to open this week

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Chairperso­n and managing director of the Housing and Developmen­t Bank ( HDB), Fathy El Sebai, inaugurate­d the bank’s first branch in Matrouh governorat­e, bringing its total number of branches to 81 nationwide.

The branch was fully equipped with the latest technologi­es to meet the needs of individual­s and companies located in the governorat­e and its surroundin­g areas.

According to the bank, its second branch in Borg El Arab city will open during the first week of March.

The inaugurati­on of Matrouh and Borg El Arab’s new branches comes as part of the framework of the bank’s expansion strategy in recent years.

The bank is expected to open more branches in the coming period to keep pace with the successive devel- opments in the Egyptian banking market and to provide the best banking services that meet its clients’ needs.

The HDB opened 10 branches in 2017 and aims to increase the number of its branches to 100 across the country by the end of this year.

 ??  ?? Chairperso­n and managing director of the HDB, Fathy El Sebai
Chairperso­n and managing director of the HDB, Fathy El Sebai

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