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  • RAKBANK Posts Strong Results for 2012
  • February 19, 2013
  • Bank Net Profit Increases by 16.6% for the year. RAKBANK, the leading retail and small business bank in the UAE, announced AED1,402.8 million net profit for 2012, an increase of 16.6% over 2011.

    The Bank continues to report double digit growth year on year by consistently pursuing the Bank's successful strategy towards the business and personal finance segments.

    "2012 marks a very successful year for RAKBANK," said Graham Honeybill, RAKBANK's Chief Executive Officer. "Not only did it see the Bank's implementation of its revamped core banking system, but 2012 also witnessed the preparations for the launch of RAKBANK's Islamic Banking window." With these achievements and many others, ...
  • View more at: http://www.1888pressrelease.com/rakbank-posts-strong-results-for-2012-pr-456165.html