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Housing Development Finance Corporation (HDFC) announced the issuance of its second Sukuk Mudarabah to raise MVR150 million at the Financial Expo organized by the Maldives Monetary Authority in July, 2017. Each Certificate is priced at MVR1,000; Profits to be paid biannually.
Loan Facilities Available for construction of your own homes to purchase a completed housing unit (condominium, flats, row house) renovation of your home Housing needs and affordability is given utmost importance with rates varying based on the housing requirements (lowest at 11%).For the evaluation...
In rewarding customer loyalty, a rate cut of 25 basis points will be given to all existing customers effective from 1st April, 2015. HDFC PLC has concluded ten years of operations giving more than MVR 1.5 Billion in Housing Finance...
IFC promotes Responsible Finance globally and HDFC received the FT/IFC Certification of Sustainable Finance as a promoter of Responsible Finance for 2011, 2012 and 2013. The implementation of a Social Performance Strategy and a successful Outreach Program saw financial inclusion...
MHI/ HDFC Islamic facility for Housing in the islands of Maldives 16th February 2014 Ministry of Housing and Infrastructure (MHI) has introduce an Islamic financing scheme for islanders, with an annual contribution of MVR100 million from the state...
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Achieved recognition for Service & Management Quality, and for innovation and growth.
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HDFC maintains timely servicing of financial obligations with very low credit risk.
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Market share of more than 50%, customer retention rate of 98%, default rate of less than 1%.