The Egyptian Stock Exchange executes a deal on the shares of HD Bank worth EGP456.9 mn

On September 18, 2023, the Egyptian Stock Exchange announced the execution of a transaction involving 44,575 shares of HD Bank, with a total value of EGP456.894 mn, as part of the incentive and motivation system for employees.

It's worth noting that the bank achieved positive results in the first half of this year, with its net profits increasing by 150.41% to reach EGP3.015 bn during the first half of 2023, compared to EGP1.204 bn during the same period in 2022, an increase of EGP 1.811 bn.

The bank's asset portfolio also grew by 6.79% in the first half of the current year, reaching EGP 110.665 bn by the end of June 2023, compared to EGP103.632 bn at the end of 2022, an increase of EGP 7.033 bn.

Total customer loans at the bank increased by 6.32% in the first half of the current year, reaching a portfolio size of EGP 40.573 bn by the end of June last year, compared to EGP38.163 bn at the end of December 2022, an increase of EGP 2.410 bn.

Customer deposit portfolio also increased by 1.57% in the first half of the current year, reaching EGP90.889 bn by the end of June 2023, compared to EGP89.485 bn at the end of 2022, an increase of EGP1.404 bn.