Wednesday 3 June 2020
 
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Egyptian Saudi Finance Bank

Albaraka Egypt unit's income surges 24pc

The 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

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ESFB marks up to $355m for Egyptian projects

The 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

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Albaraka unit operating income up 50pc

The 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

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