| 29.09.2009 - Al Baraka unit is planning to boost capital |
| From Gulf-daily-news.com: Banque Al Baraka D'Algerie plans to increase its capital from $105m to $140m. The subsidiary banking unit of Bahrain-based Al Baraka Banking Group has already received approval for the move from shareholders and the Central Bank of Algeria. The bank yesterday said total operating income increased by 16pc from $36.34m in the first half of last year to $42.05m in the first half of this year......................Full Article: Source |