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Islamic Finance Briefing - Categorized | Banking, Performance more

Al Baraka Egypt Bank 9-month profit up 16 pct

Posted on 11 November 2010

From Reuters: Al Baraka Egypt Bank posted a 16 percent increase in net profit during the first nine months of this year to 95.9 million Egyptian pounds, the Cairo stock exchange said on Wednesday.
The Cairo-based Islamic bank, in which Bahrain’s Al Baraka Banking Group (ABG) has a controlling stake, said in August its net profit in the first half rose by 57 percent to 65.6 million pounds……………………………………….Full Article: Source

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