Housing and Development Bank (HD Bank) logged standalone net profits of EGP 1.001 billion in the first half (H1) of 2021, up by 0.1% from EGP 1 billion in H1-20, the unaudited financial results showed.
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The bank’s interest income increased to EGP 3.32 billion in the six-month period ended 30 June, compared to EGP 2.88 billion in the corresponding period in 2020, according to a bourse disclosure on Sunday.
During the first quarter (Q1) of 2021, HD Bank recorded a consolidated net profit of EGP 651.06 million, up from EGP 604.58 million in Q1-20.
The standalone net profits edged up to EGP 620 million in Q1-21 from EGP 614.5 million in the year-ago period.
