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Home | RAKBANK Records AED 1.14 billion in Profit for the First Nine Months of 2013 |
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RAKBANK Records AED 1.14 billion in Profit for the First Nine Months of 2013
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- November 22, 2013
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RAKBANK, the leading retail and small business bank in the UAE, reported a net profit of AED 1.14 billion for the nine months ended 30th September 2013, reflecting a 9.6% increase over the same period last year.
"RAKBANK's rise in profit for the first nine months of 2013 from funded and non-funded income streams is a result of the Bank's prudent underwriting policies and efficient growth strategy," said Graham Honeybill, RAKBANK Chief Executive Officer.
Net interest income plus net income from Islamic f...
- Read more at:http://www.1888pressrelease.com/rakbank-records-aed-1-14-billion-in-profit-for-the-first-nin-pr-500989.html
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