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Al Baraka Bank Egypt S.A.E (Egypt)

Main Activities: Commercial Banking
Full name: Al Baraka Bank Egypt S.A.E Profile Updated: August 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Al Baraka Bank Egypt is an Islamic credit institution, headquartered in the town of Giza. The bank operates under the principles of the Islamic Sharia law, which is interest-free, and represents the Egyptian investment arm of Bahrain-based Al Baraka Banking Group. It offers a variety of retail financing, including the financing of private and foreign education, healthcare and surgeries and travelling. In addition to that, the bank is very active in the financing of SMEs under the Islamic partnership system (Musharaka) with grants from the World Bank. Al Baraka has 32 branches distributed across the country.

Headquarters
South 90Th Street, Central District, First Sector, Fifth Settlement, New Cairo
Cairo; Greater Cairo; Postal Code: 84

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Website: http://www.albaraka.com.eg

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1980
Key Executives
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Chairperson
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Vice Chairperson of the Supervisory Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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73.68%
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7.27%
Subsidiaries
Al Baraka Investment Company
98%
Al Tawfeek Leasing Company S.A.E
7.6%
Company Performance
Financial values in the chart are available after Al Baraka Bank Egypt S.A.E report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EGP. Absolute financial data is included in the purchased report.
Net interest income
41.58%
Operating profit (EBIT)
28.91%
Net Profit (Loss) for the Period
26.81%
Total assets
15.19%
Total equity
28.22%
Total Assets Trend
9.29%
Net Interest Income Trend
40.43%

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