Earnings Report /

Al Baraka Bank Egypt: Bottom-line recovers given strong operational performance; Lending improves

Lower taxes and lower excess impairments along with improved efficiency support earnings
LDR improves
Positive outlook given expected strong performance and improved asset quality; Maintain Overweight

Bassma Bakry

Equity Research Analyst @ Al Ahly Pharos Securities Brokerage

16 May 2022

Published byAl Ahly Pharos Securities Brokerage

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Al Baraka Bank Egypt: Bottom-line recovers given strong operational performance; Lending improves

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