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Al Baraka Bank to buy land plot with LE800 m for future headquarter

Al Baraka Bank to buy land plot with LE800 m for future headquarter

ArabFinance: Al Baraka Bank – Egypt (SAUD) clarified what has been published in a newspaper regarding an allocation of a land plot with an area of 10,000 sqm by the Bank to establish the future headquarter. 

The Bank asserted the above-mentioned news in a statement sent to the Egyptian Stock Exchange (EGX), adding the land value is amounting to LE800 million. 

It is worth to mention, the Bank has inaugurated the headquarter in Fifth of Settlement district experimentally. 

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