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RAKBank reports Dh306m first half 2020 net profits
National Bank of Ras Al-Khaimah (RAKBank) on Wednesday reported a consolidated net profit of Dh306.6 million for the first half of 2020, down 44.7 per cent year on year. The bank attributed decline in profits to higher IFRS 9 provisions that are set aside as precautionary measures to combat the…
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Click here to read the full story: Gulf News