Cairo – Mubasher: Housing and Development Bank reported an increase of 70% in net profits for the third quarter of 2016.
The lender posted net profits of EGP 205.6 million for Q3 – 2016, up from EGP 120.74 million for the same period of the preceding year.
As for the first nine months of 2016, HDB registered net profits of EGP 612.1 million up from EGP 447.3 million for the comparable period of the previous year.
