HD Bank Investment Strategy by September -2023end

The separate financial statements of HD Bank, ending on September 30 2023, revealed that Bank's asset portfolio has achieved a growth rate of 14.2%, and an increase of EGP 14.7bn, recording EGP 118.4 bn by the end of September 2023, compared to EGP 103.6 bn by the end of December 2022.

Analyzing the investment trends of HD Bank by September 2023 end:

The bank continued to allocate the majority of its funds to granting loans rather than financial investments, This is evident the remarkable different among relative weight of loans and facilities to customers compared to the relative weight of financial investments, by the end of September 2023

Customer loans and facilities

The bank's net portfolio of loans and facilities to customers

acquired the largest share of the bank's asset portfolio with a relative weight of 33.12% by the end of September 2023, compared to a relative weight of 33.98% of the bank's assets by the end of December 2022.

Bank's net customer loan portfolio witnessed an increase, achieving a growth rate of 11.3% with an increase of EGP 4 bn during the first 9M of last year, to record EGP 39.2 bn by September 2023end, compared to EGP 35.2bn by the end of December 2022.

Financial investments

The relative weight of financial investments Witnessed an decrease, Although Ranked second in terms of the bank's investment Trends, as acquired 24.32% of the bank's total assets by the end of September 2023 compared to a relative weight of 28.61% of the bank's assets by the end of December 2022.

Bank's Financial Investments recorded EGP 28.8 bn by September 2023end, compared to EGP29.6bn by the end of December 2022.

Balances with Banks

The relative weight of Balances with Banks Witnessed a significant increase, as Accounted for the third largest share of HD Bank's asset portfolio, with 22.39% by the end of September 2023, compared to a relative weight of 18.36% by the end of December 2022.

Balances with Banks rose by 39.3% and an increase of EGP 7.5 bn during the first 9 months of last year, to record EGP 26.5 bn by the end of September 2023, compared to EGP 19 bn by the end of December 2022.

Cash and Balances with CBE

the relative weight of Cash and Balances with CBE, witnessed an increase, accounted for the Fourth largest share of the bank's investment Trends as acquired a relative weight of 13.71% of the bank's total assets by the end of September 2023, compared to a relative weight of 12.28% by the end of December 2022.

Its total value amounted to EGP 16.2 bn at the end of September 2023, compared to EGP 12.7 bn at the end of December 2022, achieving a growth rate of 27.5% with an increase of EGP 3.5 bn.

Other Assets

The relative weight of other assets increased accounts for 2.39% of the bank's total assets by the end of September of 2023, recording EGP 2.8 bn, compared to 2.31% and a value of EGP 2.4 bn at the end of December 2022.

Bank's Trends in the Loan Market

By examining the components of total loan portfolio, it is evident that the bank tends to grant credit to retail more than Corporates, given the higher relative weight at the end of the first 9M -2023.

retail Loans

Total retail loans witnessed a slight increase accounted for a relative weight of 56.10% of the bank's total customer loans by the end of September 2023, compared to 55.54% of the bank's total customer loans by the end of December 2022.

Total retail loan portfolio at the bank increased With a growth rate of 13.4% and an increase of EGP 2.8 bn during the first 9M of last year, reaching EGP 24 bn by the end of September 2023, compared to EGP 21.2 bn at the end of December 2022.

Corporate loans

Total Corporate loans accounted for a relative weight of 43.90% of the bank's total customer loans by the end of September 2023, compared to 44.4% of the bank's total customer loans by the end of December 2022.

Total Corporate loan portfolio at the bank increased, as achieved a growth rate of 11% and an increase of EGP 1.8 bn during the first 9M of the last year, reaching EGP 18.8 bn by the end of September 2023, compared to EGP 17 bn at the end of December 2022.