United Arab Bank has said that it has maintained its earnings momentum and recorded net profit growth of 12% to Dhs281m for 2009, compared to Dhs250m achieved during 2008. Operating income increased by 12% to Dhs470m in 2009 from Dhs419m in 2008, and net interest income also increased by 17%. Earnings per share improved to Dhs0.28 for 2009 compared to Dhs0.25 in 2008.
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