{"id":544213,"date":"2022-02-17T14:01:56","date_gmt":"2022-02-17T14:01:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/"},"modified":"2022-02-17T14:01:56","modified_gmt":"2022-02-17T14:01:56","slug":"al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/","title":{"rendered":"Al Baraka Bank reports EGP 1.25 bn in net income in 2021"},"content":{"rendered":"<p><strong>EARNINGS WATCH- <\/strong><strong>Al Baraka Bank reported EGP 1.25 bn in net income in 2021<\/strong>, down 10% y-o-y, according to the bank\u2019s <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/131372_091023.pdf\">financial statement (pdf)<\/a>. Al Baraka\u2019s net interest income came in at EGP 2.76 bn, up 12% y-o-y.<\/p>\n<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 fell 0.3% at today\u2019s close<\/strong> on turnover of EGP 587 mn (43.2% below the 90-day average). Local investors were net buyers. The index is down 3.5% YTD.<\/p>\n<p><strong>In the green: <\/strong>Ibnsina Pharma (+2.3%), e-Finance (+2.0%) and Orascom Development Egypt (+1.7%).<\/p>\n<p><strong>In the red: <\/strong>MM Group (-1.6%), Heliopolis Housing (-1.5%) and TMG Holding (-1.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Al Baraka Bank reported EGP 1.25 bn in net income in 2021, down 10% y-o-y, according to the bank\u2019s financial statement (pdf). Al Baraka\u2019s net interest income came in at EGP 2.76 bn, up 12% y-o-y. MARKET ROUNDUP- The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 587 mn (43.2% below [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7219],"tags":[1156,409,68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544213","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-al-baraka-bank","tag-earnings-watch","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"75582d15-f7a7-4c4b-a247-02eba500c453","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544205],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Al Baraka Bank reports EGP 1.25 bn in net income in 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Baraka Bank reports EGP 1.25 bn in net income in 2021\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Al Baraka Bank reported EGP 1.25 bn in net income in 2021, down 10% y-o-y, according to the bank\u2019s financial statement (pdf). Al Baraka\u2019s net interest income came in at EGP 2.76 bn, up 12% y-o-y. MARKET ROUNDUP- The EGX30 fell 0.3% at today\u2019s close on turnover of EGP 587 mn (43.2% below [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-17T14:01:56+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Baraka Bank reports EGP 1.25 bn in net income in 2021\",\"datePublished\":\"2022-02-17T14:01:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/\"},\"wordCount\":96,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Baraka Bank\",\"earnings watch\",\"EGX\",\"EnterprisePM\",\"Go with the Flow\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/al-baraka-bank-reports-egp-1-25-bn-in-net-income-in-2021\/\",\"name\":\"Al Baraka Bank reports EGP 1.25 bn in net income in 2021 - 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This came on the back of revenues rising to EGP 4.48 bn, compared with EGP 4.03 bn in the same period last year.Al Baraka Bank reported EGP 369.38\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":655111,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/13\/macro-group-sees-an-uptick-in-3q-net-income-after-a-difficult-9m-plus-al-baraka-banks-net-income-up-51-9-y-o-y-in-3q\/","url_meta":{"origin":544213,"position":1},"title":"Macro Group sees an uptick in 3Q net income after a difficult 9M. 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The drop comes despite net revenues rising 6.6% y-o-y during the quarter to EGP 4.9 bn. 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