HDB’s Standalone Profit Rises in Q1

HDB’s Standalone Profit Rises in Q1

Egypt’s Housing and Development Bank standalone net profit after tax accounts for EGP 349 mn in Q1 of 2017 compared to EGP 218 mn a year ago, Invest-Gate reports.

The bank’s Q1 interest income amounted to EGP 891 mn versus EGP 487 mn in the year ago period, according to the bank’s financial results report.

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