03.05.2010 - RakBank Q1 net profit up 42pct on loans
From Tradearabia.com: UAE lender National Bank of Ras Al-Khaimah (RakBank) on Sunday said first-quarter net profit rose 42 per cent, boosted by an improvement in lending activity and higher customer deposits. Abu-Dhabi-listed RakBank said net profit rose to 228.1 million dirhams ($62.09 million) in the first quarter, compared with 160.3 million dirhams for the year-ago period.............................................Full Article: Source
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