Tunisia: El Baraka to Create 550 Jobs in 5 Years
1 March 2012
Read by 1558 persons
El Baraka Banking Group held its Board of Directors meeting yesterday during the visit of its president and founder, Salah Abdallah Kamel, to Tunisia. The bank announced a 10% increase in its profits in 2011 compared to the previous year, totaling $212 million (approximately 317 million Tunisian dinars).
Satisfied with the profitability of its activities in Tunisia, the bank plans to increase its capital from $50 million to $120 million and plans to issue shares on the Tunisian stock market.
The bank also plans to increase its workforce from 150 currently to 700 over the next five years, including a greater number of university graduates, according to its operations and marketing director, Jilani Bellagha.
Tunisiait.com
Published February 24, 2012.
Posted March 1, 2012.
Satisfied with the profitability of its activities in Tunisia, the bank plans to increase its capital from $50 million to $120 million and plans to issue shares on the Tunisian stock market.
The bank also plans to increase its workforce from 150 currently to 700 over the next five years, including a greater number of university graduates, according to its operations and marketing director, Jilani Bellagha.
Tunisiait.com
Published February 24, 2012.
Posted March 1, 2012.
