Mastercard Partners with Egypt’s HDB to Expand Card Services

Mastercard  and Housing and Development Bank (HDB)  have entered a strategic collaboration to strengthen HDB’s debit, credit, and commercial card offerings, giving customers greater access to secure payment solutions and enhanced lifestyle benefits.

Spanning several strategic areas, from premium customer experiences to deeper engagement with targeted segments, the collaboration positions HDB to expand its offering and strengthen its footprint in the Egyptian market, leveraging Mastercard’s technology and global network.

“Egypt’s digital economy is moving fast, and collaborations like this one are what keep it moving. By combining Mastercard’s global technology and network with HDB’s market strength, we’re not just enhancing a card portfolio – we’re helping shape what the next generation of payments in Egypt looks like.”

– Mohamed Assem, Country Manager for Egypt, Iraq, Lebanon and Syria, Mastercard

“At HDB, enhancing customer experience is central to our vision of becoming a bank of choice in Egypt through innovation, superior customer service, and trust. We are proud of our collaboration with Mastercard and the opportunity to leverage its advanced technology and global network to strengthen our payment capabilities and deliver innovative, secure, and convenient solutions that meet the evolving needs of our customers. This collaboration reflects our commitment to continuously developing our banking products and services, expanding customer benefits, and delivering a distinctive banking experience. It also supports the sustainable growth of our card portfolio and further strengthens HDB’s position as one of the leading commercial banks in the Egyptian banking market.”

– Yehia Aboulfotouh, Chief Executive Officer and Managing Director, Housing & Development Bank