The Housing and Development Bank (HDB) achieved outstanding financial performance during the first quarter of 2025, reflecting the successful implementation of its new strategic plan, which strengthens its leading position as one of the largest comprehensive commercial banks in the Egyptian banking market.
According to the bank's financial statements, the Housing and Development Bank managed to grow its net profits before income taxes and provisions by 791 TP3T, recording EGP 6.484 billion by the end of March 2025, compared to EGP 3.631 billion by the end of March 2024, an increase of EGP 2.853 billion. Meanwhile, the bank's independent net profits after income taxes amounted to EGP 4.821 billion, compared to EGP 2.426 billion, an increase of EGP 2.395 billion, with a growth rate of 98.71 TP3T.
