Tag: Al Baraka Bank

Al Baraka Bank chips in Islamic syndicated loan to Kharafi National with EGP 300m 

Bank's participation in financing deal comes within its strategy to support Egyptian

Daily News Egypt Daily News Egypt

Al Baraka Bank records EGP 1.59bn in profits in 1H 2023, with 38% growth

Al Baraka Bank has announced that its profits before tax exceeded EGP

Hossam Mounir Hossam Mounir

Al Baraka Bank inaugurates new branch in Ismailia

Bank continues its strategy to expand nationwide

Daily News Egypt Daily News Egypt

Al Baraka Bank to acquire 10% of Taly for digital payments within two months

Bank considers increasing stake in Al-Tawfeek for Financial Lease, sources said

Daily News Egypt Daily News Egypt

Al Baraka Bank Egypt records 55% growth in net profits to EGP 1.755bn in 2022

Bank’s financing, facilities increase 46% to EGP 35.4bn, deposits record EGP 74.4bn

Hossam Mounir Hossam Mounir

NBE leads banking alliance to provide EGP 2bn in financing to Oilex

The National Bank of Egypt (NBE) is leading an alliance of banks

Hossam Mounir Hossam Mounir

Al Baraka Bank, ADIB, and EG Bank most negatively affected by New Banking Act: Prime Holding

Banking act may spur a wave of consolidation amongst smaller or undercapitalised

Mohamed Samir Mohamed Samir

Most banks in Egypt performed well in H1 2018

Financial statements of 10 banks reflect significant growth in profits by end

Hossam Mounir Hossam Mounir

20% increase in loans, 15% more deposits at Al Baraka Bank: Beltone

Foreign currency loans account for 25% of loans, while deposits in foreign

Hossam Mounir Hossam Mounir