alBaraka Bank Egypt S.A.E. (EGX: SAUD)
Egypt flag Egypt · Delayed Price · Currency is EGP
12.12
+0.14 (1.17%)
At close: Oct 14, 2024

SAUD Company Description

alBaraka Bank Egypt S.A.E. provides corporate and retail banking and investments services in Egypt. The company offers savings and current accounts, certificate of deposits, and time deposits; debit, credit, and classic cards; and personal, mortgage, auto, education, and other financing products.

It also provides corporate banking products, such as corporate financing, structured finance and syndication, corporate trade and treasury products, liquidity and cash management products, custody and clearing services; investment in equity and debt market; short, medium, and long-term financing to regular small and medium companies operating in industrial, medical, and renewable energy, production, and agricultural fields; and trade finance services.

In addition, the company offers payroll transfers services, custodian services, global transaction banking products and services, exchange rate services, investment funds, and investment trustee and real estate agency services.

Further, it provides internet banking services, as well as operates ATMs. The company was formerly known as Egyptian Saudi Finance Bank and changed its name to alBaraka Bank Egypt S.A.E.

in April 2009. The company was founded in 1980 and is headquartered in New Cairo, Egypt.

alBaraka Bank Egypt S.A.E. is a subsidiary of Al Baraka Group B.S.C.

alBaraka Bank Egypt S.A.E.
Country Egypt
Founded 1980
Industry Commercial Banks
Employees 1,298
CEO Hazem Hussein Hegazy

Contact Details

Address:
Al Baraka Bank Building
New Cairo
Egypt
Phone 20 2810 3600
Website albaraka.com.eg

Stock Details

Ticker Symbol SAUD
Exchange Egyptian Stock Exchange
Fiscal Year January - December
Reporting Currency EGP
SIC Code 6020

Key Executives

Name Position
Hazem Hussein Hegazy Chief Executive Officer
Hesham Ghoneim Chief Financial Officer