Business | Banking
Rakbank reports 10.3% increase in first-half profit
The National Bank of Ras Al Khaimah (Rakbank) on Sunday reported that first half profits grew 10.3 per cent to Dh343.8 million over the same period last year.
- Analysts attribute Rakbank's success to conservative lending and investment practices, focus on retail banking and customer service and lack of exposure to bad debt.
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