Financial Results
Islamic Finance
Retail Banking
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RAKBANK announces AED 1.43 billion in profit for 2013
Rakbank announced AED 1,430.8 million in net profit for 2013. In its first year, the Bank's Islamic Finance division – AMAL – broke even ahead of target, recording a small profit of AED 3.0 million for the year. Gross loans and advances grew by 8.5 per cent to AED 22.4…
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