Housing and Development Bank (HDB) has reported a 98.7% year-on-year increase in net profit, reaching EGP 4.821 billion for the period ending March 31, 2025. This strong performance marks a successful launch of the bank’s new 2025–2030 strategy, reaffirming its leadership in Egypt’s banking sector and its commitment to responsible, inclusive growth.
The bank’s strong returns, attributing them to the effective strategies implemented across all business lines. By the end of Q1 2025, the growth in net profit drove the return on average equity to 78.04%, up from 49.01% in the comparative period, while the return on average assets rose to 10.83% from 6.37%. The capital adequacy ratio reached 30.77%, significantly exceeding the minimum regulatory requirement set by the Central Bank of Egypt—demonstrating HDB’s commitment to maximizing value for shareholders and all stakeholders
Underpinned by robust operating income and portfolio growth, HDB’s net operating income reached EGP 7.573 billion, and net interest income grew by 86.4% to EGP 6.932 billion.
Total assets rose to EGP 176.8 billion, driven by a 4.9% expansion in total loans to EGP 58.7 billion. Customers’ deposits also saw a 6.9% yearly decrease during the three-month period to EGP 135 billion.
High – Performing Strategy and Community Development – HDB’s Core Identity
“Our strategic growth is rooted in a broader responsibility to society. CSR is a pillar of our identity, integrated into every layer of our operations, from sustainability and education to healthcare and financial inclusion.”, Hassan Ghanem, Chairman and CEO stated.
He also noted that consolidated net profit, including the bank and its subsidiaries and affiliates, rose to EGP 4.959 billion after tax, compared to EGP 2.808 billion in the same period last year, reflecting a growth of 77%. This underscores the successful execution of the bank’s strategic plan to strengthen its group companies and expand its investment portfolio.
Highlights of HDB’s CSR Initiatives:
HDB launched a medical eye-screening campaign in partnership with the Mervat Sultan Foundation in underserved villages of Beni Suef, treating over 1,000 individuals as part of the “Egypt in Our Eyes” initiative.
The bank also funded expanding a community school in Sohag with Man Ahyaha Association, increasing its capacity from 95 to 540 students through an innovative endowment-based model, ensuring financial continuity and quality learning.
During Ramadan, HDB collaborated with the Egyptian Clothing Bank to provide essentials to low-income families, promoting employee participation and community cohesion.
Moreover, the bank directed EGP 7.791 billion toward sustainable finance in Q1, supporting green loans, SME financing, and strategic sectors aligned with Egypt’s Vision 2030 and ESG principles.
Advancing Digital and Human Capital Transformation
HDB continues to lead in digital transformation, recording a 5% increase in mobile and internet banking users, and an 8% rise in transaction volumes in Q1 2025. Strategic technology investments and fintech partnerships are supporting the bank’s “digital-first” approach.
Ghanem extended his appreciation to shareholders, stating that “These results validate the strength of our strategy and the trust of our stakeholders. We remain focused on delivering sustainable growth while advancing our social mandate and contributing to national development.”
As part of its strategic vision, HDB is committed to building and advancing a fully integrated digital ecosystem that aligns with the rapidly evolving demands of the banking sector. The bank places strong emphasis on enhancing the customer experience and reinforcing the trust it has cultivated over more than 45 years. The bank’s digital -first approach further strengthens its position as one of Egypt’s leading full-service commercial banks. The bank also prioritize talent development remains, investing in training, performance culture, and leadership development.
