Al Baraka Egypt aims to increase budget to EGP 100bn

Thursday 12 July 2018 01:54 PM

By Sayed Badr
Al Baraka Group, Chief Executive Officer Adnan Yousef  disclosed the Group's efforts to increase the lender’s budget in Egypt to EGP 100 billion by the end of 2020.

The bank’s current budget is estimated at 61 billion pounds, Yousef  added at a press conference on the sidelines of the opening of the bank's headquarters.

He stressed the group's confidence in the local market and its ability to achieve further development after the monetary policy’s stability.