National Bonds distributes 3.53% profit

28 February 2010

Dubai-based National Bonds Corp has announced its 2009 profit rate of 3.54% for its bondholders. Furthermore, NBC said it registered a 48% growth in new savings deposits and saw its customer base increase by 8% to 560,000 bondholders from over 91 different nationalities. The company's Mudaraba Fund grew to Dhs3.7bn while new business sales of Dhs2.5bn were achieved, it said.

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