Arab Finance: The Egyptian Stock Exchange announced the implementation of a deal on shares Housing and Development Bank (HDBK) It issued 325,000 shares, adding that this had a total value of 13,975,000 pounds.
About the results of its business during the period from 01/01/2024 to 09/30/2024, it showed achieving a net profit assembly It amounted to 9,386,281,540 pounds, compared to the bank achieving a net profit of 4,736,019,233 pounds during the period from 01/01/2023 to 09/30/2023.
In the same context, the bank achieved a net profit independent For the period from 01/01/2024 to 09/30/2024, it was estimated at approximately 8,270,811,396 pounds, compared to a net profit amounting to 4,419,359,448 pounds, during the comparative period of the previous fiscal year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
The Housing and Development Bank was established in 1979 and is considered one of the distinguished models of specialized and pioneering banks in the field of housing and urban development, which transformed its activity into a comprehensive commercial bank that provides all banking services. The bank also succeeded in gaining the trust and loyalty of its customers after realizing the dream of thousands of families through its housing projects. Which is an imprint in the Egyptian real estate sector so far, and during the past few years the bank has made a major leap in developing and modernizing its banking services provided to individuals and companies, in line with the development of banking services and continuous follow-up to implement everything new in the field of financial technology.
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