Al Baraka Bank Egypt SAE. Stock Analysis SAUD.CA

Al Baraka Bank Egypt engages in the provision of commercial banking services.It provides, retail, corporate, and investment banking services.The firm also offers economic and joint financing activities to the telecommunications, air transportation, public garages, medical, export, industry, tourism, and oil sectors. The company is headquartered in Cairo, Cairo and currently employs 1,421 full-time employees. The Bank is engaged in the provision of retail, corporate and investment banking solutions, in accordance with the Islamic sharia principles, through a network of 22 branches located across Egypt. The Bank provides a range of services and products, savings deposit options and financing programs to meet the requirements of various sectors of the Egyptian market, in addition to credit facilities for companies and joint financings for national projects. The Bank’s products and services include financing the purchase of furniture and durable goods, housing units finishing supplies, financing units and villas and financing wedding day, among others.