Cairo-Mubasher: Housing and Development Bank (HD Bank) recorded a growth of 22.5% in profits of the first quarter this year as compared to the same period in 2015, according to a bourse filing issued Sunday.
The bank’s net profit rose to EGP 218 million ($24.6 million) in Q1-16, from EGP 178 million ($20.1 million) in the same period of 2015.
HD Bank has reached EGP 17 per share by 11 am Cairo time, with liquidity worth about KWD 8,400.
