Thursday 27 November 2014
 
»
Tag
 
»
Al Baraka

Al Baraka’s Egypt unit posts 41pc income rise

Al Baraka Bank Egypt, a subsidiary of Bahrain-based Al Baraka Banking Group (ABG), has posted a 41 per cent increase in net income for the first nine months of the year to $24 million. The total assets also increased by 15 per cen

More…

Al Baraka unit reports 21pc increase in net profit

Al Baraka Turk Participation Bank, a subsidiary banking unit of Al Baraka Banking Group (ABG), reported an increase of 21 per cent in its net profit in the first nine months of this year compared to the same period of 2013. It als

More…

Al Baraka Group's net income rises to $207m

Bahrain-based Al Baraka Banking Group (ABG) has achieved a net income of $207 million in the first nine months of this year, an increase of five per cent on the net income achieved in the same period last year. Total assets increa

More…

Key international ratings boost for Al Baraka

Dagong Global Credit Rating Company and Islamic International Rating Agency (IIRA) have jointly assessed the international scale credit rating of Al Baraka Banking Group (ABG) at 'BBB+/A3' (Triple B Plus / A Three). In add

More…

ABG units win top Islamic finance awards

Bahrain-based Al Baraka Banking Group (ABG) and five of its subsidiary banking units received the 'Best Islamic Financial Institution' Award of 2014, as part of the annual awards from the Global Finance magazine. The grou

More…

Al Baraka issues first Islamic bond in Pakistan

The Pakistani unit of Bahrain's Al Baraka Banking Group has raised two billion rupees ($19.5 million) via the country's first issuance of subordinated sukuk, or Islamic bonds, a bank official said. With Basel III global ba

More…

Al Baraka appoints VP, commercial banking head

Al Baraka Banking Group (ABG), a Bahrain-based Islamic banking group, has appointed Mohammed Abdullah El Qaq as senior vice-president and head of commercial banking. El Qaq has more than 22 years of experience in commercial bankin

More…

Al Baraka Group posts $143m net profit

Al Baraka Banking Group (ABG), a Bahrain-based Islamic bank, has reported net profit of $143 million for the first half of the year. While balance sheet items increased moderately. Total assets increased by five per cent, total financin

More…

Al Baraka-World Bank in key research partnership

Bahrain-based Al Baraka Banking Group (ABG) is collaborating with the World Bank for research into risk management and enabling environment in Islamic finance. The partnership's first initiative, part of a planned series of research

More…

Al Baraka launches new savings account

Bahrain-based Al Baraka Islamic Bank has launched a new investment saving account named "alBarakat."   Compatible with Sharia, it qualifies the account holder to enter a periodic raffle

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads