Egypt’s Al Baraka Bank may borrow $55mln from IFC
Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…
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Al-Baraka Bank.
Al Baraka bank earnings increase by 20.6% in Q1 of 2023
Al Baraka Bank-Egypt announced on Monday that it has witnessed an increase in its net earnings by 20.6 percent…
U.S. dollar maintains price in Egyptian banks
The US exchange rate against the Egyptian pound maintained its rates within bank dealings on Sunday. According to…
Al Baraka Bank says allocates $127.7 million for Egyptian national projects
Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Group, is allocating this year around one billion Egyptian pounds…
Al Baraka Bank to pump $127.7mn in Egypt SMEs this year: chairman
Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Group (ABG), is planning to pump one billion Egyptian pounds…
IFC, Al Baraka Bank join forces to support Egypt’s trade sector
International Finance Corporation (IFC), a member of the World Bank Group, and Al Baraka Bank, are cooperating to…
Al Baraka Bank: EGP200mn for Biggest Loan in Egypt Banking Sector
Al Baraka Bank Egypt will pump EGP 200 million in one of the biggest loans in the Egyptian banking sector in favour…
Al Baraka Bank eyes 3 Mini Branches, First Presence in Upper Egypt
Al Baraka Bank Egypt is planning to start its first presence in Upper Egypt area through opening a mini branch…
S&P Downgrades Bahrain’s Al Baraka Bank to Junk Status
Bahraini lender Al Baraka has been downgraded to junk status by Standard & Poor's, the only credit rating…
Al Baraka Bank Eyes 20% Increase In SME Finances In 2013
Al Baraka Bank of Egypt plans to launch a Musharaka SME Finance program in the next month after the bank signed a…
