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Egypt’s Housing and Development Bank expands integrated banking activities, records strong growth in H1 2022

NEWSROOM by NEWSROOM
August 21, 2022
in BUSINESS
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The Housing and Development Bank (HDB) has approved its independent and consolidated financial statements for the six-month period ending on 30 June 2022, and the business results showed an 30% increase in the bank’s consolidated net profits compared to the same period of the previous year.

The HDB’s consolidated net profit increased to EGP 1.303bn in 1H 2022, compared to EGP 1.004bn in 1H 2021, thanks to the increase in the bank’s…



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