The Housing Bank for Trade & Finance - Palestine
AT HBTF, (CBG) handles operations such as extending direct and indirect trade facilities and providing depository services for different economic segments including exporters, importers and investors. This division serves different customer classes such as small to medium businesses or large enterprises in addition to financing the large-scale projects. Of course, HBTF takes into account the changing economy indicators while serving customers who are qualified for credit after achieving the required credit criteria.
The (CBG) banking division aims to acquire the best customers by offering them all related trade finance services in order to sustain and develop their business activities. As a result, this will contribute in pushing the wheel of our national economy forward.
What distinguishes HBTF from other players when it comes to Commercial Banking services?
HBTF enjoys unique business relations with its (CBG) banking segment in Palestine by offering the highly customized trade finance services especially tailored to suit their needs. This segment includes small to medium businesses as well as large enterprises.
So if you're planning or already have a business, HBTF is flexible enough to customize its banking services to suit your project or business in terms of size and needs. This customization will save your time and effort and accordingly allows you to focus on your core business activities as opposed to worrying about financing.
Our services include:
Direct Credit Facilities
The housing bank for trade and finance offer these facilities to push the versatile businesses forward assist them in closing deals and support their import and export activities.
These services include:-
Indirect (non – funded) credit facilities
The housing bank for trade and finance offers all commercial services to exporters and importers such as:-
Bills for collection (inward and outward).
Programs & Financing Agreements
In the light of its attempts to provide quality banking services appropriate to various customer segments, including small , medium and large enterprises, exporting corporations and importers to meet their versatile needs, The Housing Bank for Trade and Finance ensures especially tailored financing, through providing an integrated set of specialized financing programs and agreements, in cooperation with local and international institutions and companies including, inter alia, the following:-
Small and Medium Enterprises Financing Program for Existing Business
This program is dedicated for providing appropriate financing for customer segment of small and medium enterprises and companies, within multiple financing alternatives, on the level of various economic sectors, in order to meet and fulfill the needs and requirements of this sector, in the form of decreasing loans to be repaid by monthly, quarterly, half yearly installments consistent with customers cash flows.
Beneficiaries of this program include small and medium enterprises within various economic sectors, according to the following determinants:-
Interest rate shall be applied and calculated in accordance with those applicable by the bank on loan granting date.
The financing limit shall be in the range from (10) ten thousand US $ to (500) five hundred thousand US $. The maximum financing limit may be increased.
Repayment period ranges from (1) one to (5) five years. Financing period may be increased and extended.
Finance all objectives within various and versatile economic activities such as (funding the purchase of fixed assets, expansion and maintenance, and purchase of goods....etc.)
Small and Medium Enterprises Financing Program for Start-up Business
Purpose: Provide appropriate financing opportunities for graduates and entrepreneurs to support their initiatives of setting up a new business. The product aims at creating self employment for the intended segment and encourages sustainable economic development.
Loan Ceiling: USD 100,000 per new business
IBS – Internet Banking System
It is online banking service provided to Housing Bank customers in Palestine through our website which can be accessed anytime and anywhere, and offers a variety of services intended to facilitate communication between the bank and its clients, these services such as:-