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RAKBANK reports net profit of AED 505.4 million for 2020

RAKBANK’s Total Assets declined by 7.6% during 2020 mainly due to reduced loan demand  Gross Loans and Advances stood at AED 32.2 billion as of 31st December 2020  The National Bank of Ras Al-Khaimah has announced a consolidated Net Profit of AED 505.4 million for the Full-Year of 2020, decreasing…

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Source: RAKBANK

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