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Albaraka Egypt unit's income surges 24pcThe Egyptian Saudi Finance Bank, a subsidiary of Bahrain-based Albaraka Banking Group (ABG), has registered an increase of 23.6 per cent in total income during the first quarter compared to the same period last year. The bank als More… |
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ESFB marks up to $355m for Egyptian projectsThe Egyptian Saudi Finance Bank (ESFB) has allocated EGP1.5 billion ($256 million) to 2 billion ($355 million) to finance strategic projects in Egypt. It also confirmed its readiness to fund banks affected by the economic downturn with liq More… |
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Albaraka unit operating income up 50pcThe Egyptian Saudi Finance Bank, a subsidiary of Albaraka Banking Group (ABG), said its gross operating income for the first half this year rose 50 per cent to reach $23.64 million. After deducting operating expenses, the net operating inc More… |
