Strong second-quarter profit growth at United Arab Bank - The National:
"United Arab Bank's (UAB) earnings swelled as its loan book grew by the most in two years.
The Sharjah-based lender, which expects by January to have doubled its branch network compared with two years ago, reported net profits for the first half of Dh260 million.
The results are equivalent to net profits of Dh139.8m for the second quarter, an increase of 18.2 per cent. "Strong growth has been generated by each of our business units," said Paul Trowbridge, the bank's chief executive."
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