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National Bank of Ras Al Khaimah says performance of AMAL is ahead of forecasts for first year
Peter England, previously a senior banker at Malaysia's CIMB Group, named as new CEO
Sources say bank has appointed Peter England, a former banker at Malaysia's CIMB Group
Emirate will sell two yen-denominated bonds worth a combined 15bn yen
Yearly profit hits US$381m, with 10.4 percent growth in loans and advances
National Bank of Ras Al Khaimah says it will continue 'measured approach to expansion'
Non-interest income dropped 28 percent due to impact of regulatory restrictions
UAE lender says net income advanced to AED1bn, driven by increased lending
Loan provisions rise to $11.8m; UAE bank sees improvement in economic conditions
Bank told Abu Dhabi stock market net income increased to $198m from $173m the year earlier.
Ras Al Khaimah bank says increase due to growth in loans, mortgages, credit cards.
Bank's business advisor says up to 2,500 are leaving each month without paying bills.
Bank to seek shareholder nod to convert emergency federal deposits.
Ras Al Khaimah-based bank earns 635.9 million dirhams in 2008, a 58% rise from 2007.
Winners and losers revealed in fourth annual survey by independent research group.
RAK Bank chairman says tourism and industry will drive post-crisis growth.
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