VOL. XXXII
NO. 22
6-MARCH-1989
Financial and Banking News
REGIONAL BANKING
Three UAE Banks Increase Profits
Three banks in the UAE - National Bank of Dubai (NBD), Commercial Bank ofDubai (CBD), and National Bank of Ras al-Khaimah (NBRAK) - have declaredprofits for 1988 which are higher than in the previous year. Although all threewere in any case among the most profitable banks in the country in 1987, theirimproved performance in 1988 is taken as an encouraging omen for the rest of thebanking...
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