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Rakbank Books Higher H1 Profit, Operating Income

MT Newswires·07/23/2026 23:40:02
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11:40 PM EDT, 07/23/2026 (MT Newswires) -- The National Bank of Ras Al-Khaimah (ADX:RAKBANK), d/b/a Rakbank, said Thursday that its profit and operating income for the first half grew year over year. Profit after tax attributable to owners of the bank for the six months ended June 30 was 1.71 billion Emirati dirhams, compared with 1.37 billion dirhams a year ago. EPS moved to 0.85 dirham from 0.68 dirham. The Abu Dhabi-listed lender's operating income was 3.13 billion dirhams, compared with 2.57 billion dirhams earlier.