RAK Bank’s net profit in the second quarter of this year increased by 63% compared to the same quarter of 2021, to regarding 310 million dirhams.
This growth is attributed to the improvement in the bank’s net interest during the comparison period by 4%, in addition to a decrease in provisions by 53%.
RAKBANK’s net profit in the first half of 2022 increased by 75% on an annual basis to reach 531 million dirhams, with earnings per share of 32 fils.
