Al-Baraka Bank: Investors consider Egypt as the most important markets in the region. The economy is ready to be launched

Adnan Yousef, General Manager of Al Baraka Banking Group, said in response to the "Seventh Day" questions that the Egyptian market is promising and that he is getting good performance indicators after the implementation. much of the economic reform agenda. Al-Masri is one of the largest markets in the region of interest to Arab and Gulf investors . [Al-BarakaBankofEgyptviseàaugmentersapartdemarchéactuellede7%to15%surlescinqprochainesannéesàpartirdesbudgetstotauxdusecteurbancaireprivéenEgyptesoulignantquelebudgetactueldelabanqueestd'environ61milliardsdelivresLaBanqueviseàatteindrelatailledubudgetà100milliardsdelivresaprès5ans.

At a press conference, Adnan Yousef attended the inauguration of the Bank's new headquarters at the fifth badembly and the Bank's achievements during the past period and presented the main thrusts of its activities. plans for expansion and investments in the Egyptian market. . Adnan Yousef, General Manager of Al Baraka Banking Group, said: "We are delighted that Al Baraka Bank has achieved growth and growth, pointing out that the Egyptian market is one of the most promising markets with fundamentals of growth and expansion. It has developed strongly by increasing the geographical distribution and expansion of all the activities of small and medium-sized enterprises, major financing and individual financing . "The Egyptian economy must consolidate its presence on the African continent, which is an open market. It is necessary to increase the volume of trade and exports between Egypt and Africa. There are experiences from several countries that have reached huge commercial rates thanks to their presence in the African market, Ashraf Al-Ghamrawi, Vice President and CEO of Al Baraka Bank in Egypt, said: "We are satisfied with the new headquarters which is the cornerstone of the launch of the bank's ambitious plan on the Egyptian market. Growth of loan portfolio and customer deposits

Adnan Yousif highlighted the bank's support to the Egyptian economy by seeking to provide unique banking solutions that meet the needs of individuals and businesses and support the small and medium-sized enterprises under the project. "We plan to expand our geographical reach in all the governorates of the Republic and reach our branch network with 50 branches in 2022 instead of 35 currently, and we are one of the first banks to have received" said Al-Ghamrawi. On the allocation of about 12 thousand meters in the bad His new administrative headquarters for the launch of another major financial and business district . «