Arab Finance: Housing and Development Bank (HD Bank) posted a 12.4% year-on-year (YoY) hike in consolidated net profit after minority interest for the first nine months of 2026, according to financial indicators filed to the Egyptian Exchange (EGX) on November 10.
The bank’s consolidated net profit rose to EGP 16.241 billion in January-September from EGP 14.454 billion in the comparative period of 2025.
The lender garnered EGP 14.843 billion in standalone net profits after tax, up from EGP 13.439 billion.
HD Bank is an Egypt-based commercial and investment bank that operates in the housing and development sector. HD Bank also contributes to alleviating the housing problem through the establishment of an integrated group of housing projects across Egypt.