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Al Baraka Bank Egypt 2011 profits hit LE 165 m

January 23, 2014

Arab Finance : Al Baraka Bank Egypt -(SAUD) reported financial results posting a net profit of LE 165.6 m for the period from 01/01/2013 till 31/12/2013. Noting that, it posted net profits of LE 135.7 m for the same period of the previous year. The Bank also said that it would distribute 15 % of its paid capital for shareholders in the form of cash dividend (5%) and free stocks (10 % ) . Source: EGX & Arab Finance editor

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Source: Arab Finance (Egypt)

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