January 29, 2018 / 10:58 AM / 20 days ago

BRIEF-UAE's RAKBANK FY Profit Rises

Jan 29 (Reuters) - NATIONAL BANK OF RAS AL KHAIMAH :

* FY NET PROFIT 810.5 ‍​MILLION DIRHAMS VERSUS 663 ‍​MILLION DIRHAMS YEAR AGO

* FY REVENUES 3.81 BILLION DIRHAMS VERSUS 3.84 BILLION DIRHAMS YEAR AGO

* AS OF END-DEC 2017, GROSS LOAN AND ADVANCES STAND AT 33.2 BILLION DIRHAMS, UP 11.6 PERCENT YEAR-ON-YEAR

* AS OF END-DEC 2017, TOTAL DEPOSITS STAND AT 32.2 BILLION DIRHAMS, UP 9.4 PERCENT YEAR-ON-YEAR

* BOARD PROPOSES FY DIVIDEND OF 30 FILS PER SHARE

* AS OF END-DEC 2017, BASEL II CAPITAL ADEQUACY RATIO STANDS AT 20.3 PERCENT Source:(bit.ly/2rQqICe) Further company coverage:

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