Flash Report /
Egypt

Housing and Development Bank: Management Webinar Key Takeaways

  • A preliminary guidance for bottom line growth in 2022 is 10% on standalone basis, and balance sheet growth north of 10%.

  • 2022 target NPL ratio should come in at 7% or less down from 10% currently

  • HDBK is seeking the approval of the CBE to increase capital to EGP5 billion, financed from internal sources of the bank

Al Ahly Pharos Securities Brokerage
12 January 2022