The National Bank of Ras Al-Khaimah (Rakbank) said it has registered a first quarter net profit of Dh325.3 million ($88.5 million), up 11 per cent compared to the same period last year and 9.5 per cent over the previous quarter.
Announcing the results on Sunday, Rakbank said its net interest income for the quarter ended March 31 grew 21 per cent to hit Dh538.2 million compared to the same period last year………………………………………..Full Article: Source