IslamicFinance.de

Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group, announced the winning of the 'The Majestic Five Continents Award for Quality and Excellence' granted by the European Foundation 'Other Ways Management Association Club'. The Award will be delivered in a grand ceremony to be held in Geneva on 18 November 2013, and will be attended by official delegations and businessmen from 40 countries around the world. Al Baraka Bank Egypt won the prize as a result of aspects like high quality of customer service, creativity, teamwork, diversity of products of development and corporate finance, lease and assets finance, retail and treasury products, and foreign operations. Mr. Ashraf El Ghamrawy, Vice Chairman and Chief Executive Officer of Al Baraka Bank Egypt, emphasized the bank's pioneering role in development finance and social responsibility through the Bank's Zakat fund, and the consolidation of partnership relations with all government and private agencies, among others.