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Al Baraka Bank-Egypt plans to achieve net profits of EGP 1.41 billion in 2022, as part of its budget plan, according to a bourse filing.
04.01.22 | Interesting article at Zawya




Al Baraka Bank-Egypt plans to achieve net profits of EGP 1.41 billion in 2022, as part of its budget plan, according to a bourse filing.




 

 


The bank will also target EGP 8.04 billion in revenues in 2022.




It is noteworthy to mention that during the first nine months (9M) of 2021, the bank posted net profits of EGP 1.02 billion, down by 8.9% year-on-year (YoY) from EGP 1.12 billion, including minority shareholders' rights.