HD Bank's share of the net profits records the highest quarterly growth rate in the last five years, rising to 81.8% during 9M-2024

Housing and Development Bank has seen a remarkable improvement in its indicators, with the Bank's share of profits recorded the highest quarterly growth rate in the last five years to register a growth rate of 81.8% in the first 9 months of last year, to register 13.49 pounds during the first 9 months of 2024, compared to 7.42 pounds during the same period in 2023 and 10.29 pounds during the same period in 2022.

Net profits rose to 8.27 billion pounds in the first 9 months of 2024, compared to 4.42 billion pounds in the same period in 2023 and an increase of 3.85 billion pounds, registering a growth rate of 87.15%. This is the second fastest quarterly growth rate in the last five years. After the growth rate of 152.16% recorded in the first 9 months of 2023.

The total asset portfolio grew by the end of the first 9 months of 2024, registering approximately 156.33 billion at a growth rate of 32.06%, compared to the end of the same period in 2023, during which it recorded approximately