HD Bank registers block trading worth over $1.74mln

The Egyptian Exchange (EGX) announced a block trading deal valued at EGP 33.24 million on the shares of Housing and Development Bank (HD Bank).

The transaction was carried out on 1.90 million of the bank’s shares.

During the first nine months (9M) of 2022, HD Bank saw a 26.40% annual growth in its consolidated net profits at EGP 1.99 billion, compared to EGP 1.58 billion.

As for the separate financials, the lender reported higher standalone net profits during 9M-22 by 22.20% to EGP 1.75 billion from EGP 1.43 billion in 9M-21.