The Housing and Development Bank shared its 2023 financial results.

Here are the metrics you need to know…

Net Interest Income: It hit EGP 10.44 billion in 2023, jumping by 112.8% YoY. This shows the gap between interest earned from loans and interest paid out to depositors.

Net Profit: Consolidated net profit for 2023 amounted to EGP 6.56 billion from EGP 2.73 billion in 2022, marking a 140.6% YoY surge.

The Standout
Cash flows from investing activities was EGP 6.51 billion in 2023 from EGP 1.49 billion in 2022, a substantial 335.6% YoY increase.

Dividends Announcement: On the same day, the bank proposed distributing EGP 1.59 billion to shareholders, worth EGP 3/share.

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  تحديث: عرض لاستحواذ هيشوف النور قريب