The Housing and Development Bank (HDB) conducted the second 2018 raffle for children and youth award saving accounts’ prizes. This comes as part of the bank’s role to activate the national saving project in cooperation with the ministries of education and housing, which started 19 years ago. Amany Badr won a housing unit worth EGP 200,000; Shady Adel won the second prize, which is a housing unit payment worth EGP 100,000, while Yossra Ahmed won a housing unit down payment woorth EGP 50,000. He stressed that the HDB has played a leading role in spreading the financial culture among children and youth being an active member of the Child and Youth Finance International (CYFI). The number of participants in this vessel has so far reached 175,000 children and youth with a total balance of EGP 565m.

Source: Daily News Egypt December 09, 2018 19:30 UTC