Housing & Development Bank: Profits Surge to EGP283.4 mln in 9 Months

Egyptian lender Housing and Development Bank (HDB) has reported its consolidated financial results for the first 9 months of 2013 registering a net profit of EGP 283.4 million, against EGP 246.85 million for the same comparable period a year ago.

Meanwhile, HDB’s standalone financial results for the first 9 months of 2013 have revealed a net profit of EGP 207.68 million, compared to EGP 199.36 million for the same comparable period a year ago.