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Islamic Finance Briefing - Categorized | Banking, Performance more

Al Baraka Egypt 2011 income jumps 54pct

Posted on 30 March 2012

Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group (ABG), has announced that it had achieved a 54 per cent increase in net operating income in 2011.
Total assets also increased by 9 per cent, financing and investments by 9 per cent, customer deposits by 8 per cent and shareholders equity by 11 per cent at the end of 2011 compared to the end of 2010………………………………………..Full Article: Source

 
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