Bank Branches
Affeliate Companies

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Exchange Rates
Currency Buy Price Sell Price
USD 17.86 17.96
EUR 20.1013 20.4847
GBP 22.6322 23.1327
2017 Budget
Interest Rates




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Corporate Governance 


  • The Housing and Development Bank  is governed  by  Board of Directors in line  with the (CBE ) Corporate Governance regulations  issued in 2011 and  in  accordance  with  principles of sound governance  practices set out in the bank governance  guidelines, which were approved by the board of directors and are regularly  reviewed to ensure complying with the latest regulations and governance practices .
  • The Board is responsible for providing leadership for the institution. It ensures that the right strategies and controls are in place in order to deliver value to  shareholders, employees and in the community.
  • The bank has designed policies and procedures in line with the highest standards of ethical business conduct, transparency, corporate accountability and professionalism in an effort to enhance business prosperity   and safe guard the interest of the stakeholders.