Arab Finance: The regular general assembly decided to BNick Nick Egypt (Saud)Held on 17-03-2025, distribution of 620 million pounds to shareholders, with a cash coupon of 0.85 pounds per share, according to To explain The Egyptian Stock Exchange.
Regarding the results of his work on the period from 01/01/2024 to 12/31/2024, a net profit achievement showed Assembly It amounted to 3.005 billion pounds, compared to the bank’s achievement of a net profit of 2.217 billion during the same period in the previous year.
In the same context, the bank achieved a net profit Independent For the period from 01/01/2024 to 12/31/2024, estimated at 3.011 billion pounds, for a net profit of 2.224 billion pounds, during the comparative period of the previous fiscal year.
It is worth noting that net profits or losses of the year are calculated according to the share of the owners of the parent company.
The bank was established in 1980 under the name of Al -Ahram Bank and then transferred to the Egyptian Finance Bank and then to Al -Baraka Bank currently Egypt, Al Baraka Banking Group and its units provide banking services for individuals and companies and treasury and investment solutions, all of which are going according to the Islamic principles of “Sharia”. During his successful career for more than 20 years in the banking sector, Al-Baraka Bank was able as a leading Islamic institution within several years to provide distinguished and multiple banking services and products that are appropriate to all groups and segments of society, all of which are compatible with legal rulings (deposits- certificates- instruments).
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