Thursday 23 October 2014
 
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Syrian unit

Al Baraka Syrian unit plans expansion

The newly-opened Syrian unit of Al Baraka Bank aims to continue expanding, its chief executive said, despite an eight-month revolt that has mired Syria in violence and economic uncertainty. The unit of Bahrain-based Al Baraka bank became o

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Albaraka sees '09 net flat, Syria IPO in July

Bahrain's Albaraka sees its full-year net profit at about last year's level as it invests in its banking systems and opens new branches, and plans to list its Syrian unit before August, its chief executive said. Albaraka, Bahrain's largest

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