HD Bank Retail Deposits grow by 66%, reaching EGP 45.1 bn by September -2023end
First Bank
HD Bank
The separate financial statements of HD Bank, ending on September 31, 2023, revealed a total growth of retail deposits by 66% during the first 9 months of 2023, to record EGP 45.1 bn by the end of September 2023, compared to EGP 27.2 bn by the end of December 2022, representing 47.22% of the bank's total deposits.
Total portfolio of corporate deposits at the bank recorded EGP 50.4 bn by the end of September 2023, compared to EGP 62.3 bn by the end of December 2022.
It is worth mentioning that total portfolio of customer deposits at the bank increased by 6.73% during the first 9M of the current year, rising from EGP 89.5 bn by the end of December 2022 to reach EGP95.51 bn by the end of September 2023.
