Farewell to Ms. Raheema Saleem

29th February 2024 marks the end of an incredible 20 years of service offered by Ms. Raheema Saleem to HDFC. Ms. Raheema Saleem was a key player of the core team that joined during the inception of the company in 2004. From the first loan approved by HDFC to the inauguration of its Islamic Financing […]

HDFC Launches 20th Anniversary Promotion

HDFC commences a promotional activities on the occasion of its 20th Anniversary, from Islamic Fund! Housing Development Finance Corporation PLC, HDFC commences its promotional activities to mark its 20th Anniversary, through its Islamic Wing from the Islamic Fund. This promotion is aimed at giving an all-time low rate offered by HDFC and reduces prominently on […]

CAREER OPPORTUNITY

Job Title:  Islamic Finance Officer (Open for Maldivians only) Due Date: 10 December 2023 14:30 *For Maldivians only Housing Development Finance Corporation (HDFC) PLC, established in January 2004, is the only specialized housing finance institution in the Maldives. HDFC is a privatized institution with 51% shares held jointly by IFC, ADB and HDFC Bank Ltd. […]

EOI – Marketing Consultancy Services

HDFC seeks competent individuals/firms with necessary technical capacity to register interest by submitting Expression of Interest for the provision of “Marketing Consultancy Services” as per the scope below. Scope a. Announcement posts b. Product promotional posts An estimated quantity for deliverables is below: # Deliverables Quantity 1 Artworks for Announcement Posts(Job vacancy, Procurement Announcement, etc.) […]

We are looking for a CFO!

Job Title:  CHIEF FINANCIAL OFFICER (For Maldivians only)* Due Date: 10 January 2024 Housing Development Finance Corporation (HDFC) PLC, established in January 2004, is the only specialized housing finance institution in the Maldives. HDFC is a privatized company with International Shareholders represented by International Finance Corporation (IFC of World Bank Group), Asian Development Bank and […]

CAREER OPPORTUNITY

Job Title:  Shariah Compliance Officer (For Maldivians only)* Due Date: 10 December 2023 14:30 *For Maldivians only Housing Development Finance Corporation (HDFC) PLC, established in January 2004, is the only specialized housing finance institution in the Maldives. HDFC is a privatized institution with 51% shares held jointly by IFC, ADB and HDFC Banks Ltd. of […]

We are looking for a Managing Director!

Job Title:  MANAGING DIRECTOR (For Maldivians only)* Due Date: 10 December 2023 HDFC Plc is the only specialized housing finance institution in the Maldives providing finance for the housing needs of individuals and families. While the operating environment has become more competitive with the arrival of commercial banks in the housing finance market, demand for […]

HDFC updates product features

HDFC updates product features of financing facilities for both home construction and home purchase. Under construction, the equity requirement has been reduced to 15% and tenure has been increased up to 25 years. This is currently the longest tenure period offered in the market. For home purchase, tenure has also increased to 25 years and […]

HDFC gears up for IPO

Housing Development Finance Corporation (HDFC), which provides loans for construction and renovation of houses, is all set to launch an Initial Public Offering (IPO). HDFC made the announcement at its 19th Annual General Meeting held in Meerumaa Hall on Monday. HDFC chairman Conrad D’Souza said the IP will be launched in the next three months. […]

Announcement – 19th AGM of HDFC

Announcement – 19th AGM of HDFC HDFC held its 19th AGM on the 15th of May 2023, 15:30. During the AGM, the Financial Audited Statements of 2022 was approved. KPMG was appointed as the External Auditor for 2023. View official announcement below.