HD Bank targets EGP 2bn net profits in 2022

Cairo – Mubasher: Housing and Development Bank (HD Bank) seeks to achieve net profits of EGP 2 billion as part of its 2022 planning budget.

The bank targets EGP 3.82 billion in net interest income for 2022, according to a bourse filing on Wednesday.

It is noteworthy to mention that in 2021, HD Bank achieved consolidated net profits worth EGP 2.02 billion, compared to EGP 2.06 billion in 2020, including minority interest.

Mubasher Contribution Time: 16-Mar-2022 08:47 (GMT)
Mubasher Last Update Time: 16-Mar-2022 08:48 (GMT)