Al Baraka Bank's total customer loans jump by 134.2%, exceeding EGP31 bn in 3 years

Al Baraka Bank Egypt managed to achieve record growth in its total portfolio of customer loans at 134.2% over the last 3 years, reaching EGP54.5 bn by the end of September 2024, compared to EGP 23.3 bn by the end of September 2021, with an increase of EGP 31.2 bn.

Tracking its journey over the period under analysis, the portfolio's highest growth rate in 2022 is 46.2% and an increase of 11.2 billion pounds on an annual basis, reaching 35.4 billion pounds by the end of December 2022, compared to 24.2 billion by the end of December 2021.