Bahrain’s Al Baraka Islamic Bank targets France, Indonesia for expansion
Bahrain's Al Baraka Islamic Bank plans to open a sharia-compliant bank in France next year as the lender seeks to…
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Al Baraka Islamic Bank
SAIB: PMS.Co Egypt Obtains $50 Mln Loan from 3 Banks
Societe Arabe Internationale de Banque (SAIB), has finalized from signing the final contracts of the loan of…
Al Baraka Banking Group Announces Promotions Among Members Of Executive Management
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced promotions among…
Al Baraka’s Finances Hit EGP 6.531 Bln At End Of September
Al Baraka Bank Egypt’s portfolio of Murabaha, Mudaraba and Musharaka stood at EGP 6.531 billion at the end of last…
Al Baraka Seeks To Inject Sharia-Compliant EGP 100 Mln To MAF Loan
Al Baraka Bank Egypt conducts negotiations with the National Bank of Egypt (NBE) and Banque Misr to contribute EGP…
Al Baraka Looks Forward To Increase Branches To 30 By 2013
Al Baraka Bank Egypt targets to increase the number of its branches by seven to reach 30 branches after receiving…
Al Baraka To Offer Musharaka Finance For SMEs In November
Al Baraka Bank Egypt targets to expand in financing small and medium enterprises (SMEs) by the beginning of next…
Al Baraka Bank Egypt Eyes 15% Increase In Deposits
Al Baraka Bank Egypt targets to increase deposits by 15% by the next year, said Ashraf El Ghamrawy, CEO of the…
Al Baraka Bank Buys New Headquarters In El Tagamu El Khames
Al Baraka Bank Egypt signed a contract to purchase a new headquarters in Teseen Road in El Tagamu El Khames (fifth…
Al Baraka Banking Group And Al Baraka Islamic Bank Honor Employees With Long Service
Al Baraka Banking Group B.S.C (ABG) and its banking unit, Al Baraka Islamic Bank B.S.C(C) honored their employees…
Al Tawfeek Financial Lease’s Assets Registered EGP 3.2 Bln In August
Al Tawfeek Company for Financial Lease’s assets registered EGP 3.2 billion at the end of last August, up from EGP…
Al Baraka Targets Raising Retail Banking To EGP 1.6 Bln In 2013
Al Baraka Bank Egypt targets to increase the value of its retail banking portfolio by EGP 600 million to reach EGP…
Al Baraka Bank Raises Capital By EGP 300 Mln In FY 2012/13
Al Baraka Bank Egypt targets to increase its issued and paid-up capital by EGP 300 million to register EGP one…
Al Baraka Increases SME Finances By EGP500 Mln In FY 2012/13
Al Baraka Islamic Bank - Egypt will inject EGP 500 million into the SME finance portfolio, raising it to EGP 1.5…
Al Baraka, SFD Sign EGP 200 Mln Musharaka Finance Contract
Al Baraka Islamic Bank- Egypt and the Social Fund for Development (SFD) signed a finance contract to offer new and…
Al Baraka Islamic Bank To Sign Islamic Finance Contract Worth EGP 200 Mln With SFD
Al Baraka Islamic Bank plans to sign a sharia-compliant finance contract worth EGP 200 million with the Social Fund…
Al Baraka Islamic Bank’s FSR Rating Affirmed At ‘BB’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Bahrain-based Al…
Al Baraka Islamic Bank Income grows by 51% in 2011
Al Baraka Islamic Bank BSC (c), a subsidiary banking unit of Al Baraka Banking Group, announced that it continued…