Arab Finance: Housing and Development Bank (HD Bank) (HDBK) has seen a block-trading transaction of EGP 21.826 million, according to a disclosure on the Egyptian Exchange (EGX) on June 9th.
The transaction was executed on 500,256 shares.
It is worth noting that consolidated net profit after tax amounted to EGP 628 million in Q1 2022, compared to a profit of EGP 651 million in Q1 2021.
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.