July 23, 2017 9:11 AM ET

Banks

Company Overview of Banque Al Baraka D'Algerie S.P.A.

Company Overview

Banque Al Baraka D'Algerie S.P.A. provides retail and commercial banking services in Algeria. The company offers islamic banking and financial services such as deposits, including Takaful, Umrah savings, and youth savings accounts; and loan products. It operates 20 branches. The company was incorporated in 1991 and is based in Ben Aknoun, Algeria. Banque Al Baraka D'Algerie S.P.A. operates as a subsidiary of Al Baraka Banking Group B.S.C.

Hai Bouteldja Houidef

Villa n1 et 3 Rocade Sud

Ben Aknoun,  16306

Algeria

Founded in 1991

Phone:

213 21 91 64 50

Fax:

213 21 91 64 57

Key Executives for Banque Al Baraka D'Algerie S.P.A.

Chairman of the Board
Compensation as of Fiscal Year 2017.

Banque Al Baraka D'Algerie S.P.A. Key Developments

Al Baraka Bank Algeria Reports Earnings Results for the First Quarter of 2016

Al Baraka Bank Algeria reported earnings results for the first quarter of 2016. For the period, the company’s total income increased by 30% during the first quarter of 2016 to reach DZD 2.25 billion compared to the same period of 2015. Net operating income increased by 44% to reach DZD 1.5 billion in the first quarter of 2016 compared to the same period of 2015. Net income reached DZD 960 million, increasing by 1% compared to the first quarter of 2015.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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