(AFX UK Focus) 2010-01-31 09:45 UPDATE 1-UNB Q4 net rises, provisions weigh

(AFX UK Focus) 2010-01-31 09:45 UPDATE 1-UNB Q4 net rises, provisions weigh
DUBAI, Jan 31 (Reuters) – Fourth-quarter net profit at Union National Bank more than tripled but missed forecasts as customer deposits and bad loan provisions both grew. Earnings at the United Arab Emirates’ fifth-largest bank by market value came in at 222.1 million UAE dirhams ($60.47 million), the bank said, compared with 65.8 million in the same period last year and analyst expectations of …

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