Bloomberg News

Baraka Bank Egypt Targets 20% Profit Growth This Year, Mal Says

May 03, 2012

Al Baraka Bank Egypt ESC (SAUD), the Cairo- based unit of Bahrain’s Albaraka Banking Group (BARKA), wants to increase its profit this year by more than 20 percent, Al Mal reported, citing Managing Director Ashraf El Ghamrawy.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at anamatalla@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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