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Housing & Development Bank announces EGP188m net profits in H1, 2014

: Monday, August 18 - 2014 @ 09:35

Egyptian lender Housing and Development Bank (HDB) announced that it has achieved EGP188m in net profit in the first half, a 21% up from 155 million pounds in the same period a year earlier, Amwal Alghad reported. The HDB’s board of directors has endorsed Wednesday its business results indicators for the first half of 2014. According to the business results indicators, HDB’s revenues dropped 4.5% to 550 million pounds, compared to 576 million pounds for the same period a year earlier.

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Monday, August 18- 2014 @ 9:35 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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