MANAMA, Sept. 2 -- Al Baraka Bank Egypt, the investment arm of Al Baraka Banking Group in Egypt, continued its growth and progress in all its activities and continued to achieve outstanding financial results, where the Bank achieved a net profit of 538 million pounds for the first half of 2019, an increase of 31% over the same period last year.

The total balance sheet of the bank at the end of June 2019 amounted to 66.8 billion Egyptian pounds, a growth of about 15% over the same period of the previous year. Total investments and financings in the same period reached 46.5 billion Egyptian pounds, a growth rate of about 12%. Customer deposits reached 59.4 billion Egyptian pounds at the end of June 2019, a growth of approximately 17% over ...