HDB key player in empowering women, eliminate illiteracy

10 / 04 / 2022

• CSR
• news

The Housing and Development Bank (HDB) is one of the most important banks playing a key social role in empowering women and combating illiteracy.

The bank offers social services as well as financial and training support for handicraft projects which helped a large number of women in two Fayyom villages; Husseiniya and Wanaysa.

The bank is keen on contributing to women empowerment initiatives within the framework of its strategy of corporate social responsibility (CSR) and sustainable development.

Al-Masry Al-Aseel Association CEO Iman Hassan said the bank provides all needed support to reach the largest possible number of women in the two villages, especially through opening classes to eliminate illiteracy and integrate literacy into women’s craft workshops.

She added that the bank managed under its CSR strategy to reach remote villages and realized great success there.

About the bank’s CSR policy:

One of the most important core values of the Housing and Development Bank is striving to have an effective role in supporting the community to achieve the goals of sustainable development represented in commitment to the principle of governance and social and environmental standards, and to support the sustainable management of all its daily business activities, focusing on the sustainable community role and not only the economic return.

The bank is keen to achieve comprehensive development in all of society’s sectors. This takes place through a strategy of social responsibility that is based on initiatives and programs with an effective impact supporting the neediest sectors such as the health and education sectors. This takes place besides areas that can have a significant impact, such as enhancing the lives of people with disabilities.

The bank also raises financial awareness of communities to achieve sustainable economic, social, and environmental growth.