Rakbank.ae - Rakbank Company News Section

Rakbank Information
  • Suite 405, Sultan Business Center, Oud Metha
  • Phone: 97142915064
  • URL: http://rakbank.ae/
  • RAKBANK, the trading name of the National Bank of Ras Al-Khaimah, is a public joint stock company, headquartered in the emirate of Ras Al-Khaimah, in the UAE. The Head Office of the bank is situated in RAKBANK Building, Emirates Rd, Ras Al-Khaimah. The bank is 52.75% owned by the Government of Ras Al-Khaimah.

    Shares are publicly traded. Board consists of several members of the ruling family of the emirate of Ras-Al Khaimah and businessmen from UAE and Kuwait. The bank is engaged in providing retail and corporate banking services through a network of thirty three branches in the United Arab Emirates, but all the transactions are handled on a strictly commercial basis.
Rakbank Press Release -


  • RAKBANK AMAL Customer Receives Half a Million Dirhams
  • Saeeda Mohamed Al-Ameri, a UAE national from Abu Dhabi, is the latest winner of AMAL Jood's quarterly grand prize. The twenty-eight year-old reservoir engineer was recently handed a cheque of AED 500,000 in RAKBANK's Al Khalidiya branch in the capital.
  • August 30, 2014
  • RAKBANK Lifts Foreign Ownership Limit
  • RAKBANK is pleased to announce that it received ministerial approval to lift its foreign ownership level to 40% following the decision to do so at the Extraordinary General Meeting held on 8th May 2014.
  • June 20, 2014
  • RAKBANK Announces New CEO - Peter England
  • RAKBANK, the National Bank of Ras Al Khaimah, today announced the appointment of Peter England as the Bank's new CEO. England will succeed Graham Honeybill who is retiring after 17 years with the Bank.
  • September 11, 2013
  • RAKBANK Records 13% Growth in First Quarter Profits
  • RAKBANK, the leading retail and small business bank in the UAE, reported a net profit of AED 367.98 million for the quarter ended 31st March 2013, reflecting a 13% growth over the same period last year.
  • April 30, 2013
  • RAKBANK Launches the Titanium Business Credit Card
  • RAKBANK, the leading retail and small business bank in the UAE, continues to deliver competitive financial solutions to small-to-medium enterprises (SMEs) with the recent launch of its Titanium Business Credit Card. Just like the Titanium for individuals, the free-for-life credit card for SMEs combines convenience and savings to facilitate payments and extend exclusive benefits.
  • April 18, 2013
  • Exclusive Banking Presence for RAKBANK in Al Ain Motor Show
  • RAKBANK, the leading retail and small business bank in the UAE, is the official sponsor of the second Al Ain Motor Show, MOTEX 2013. Running from 17 to 20 January in Al Ain Convention Center, the show is under the patronage of His Highness Sheikh Hazza Bin Tahnoon Al Nahyan, General Manager of the Dewan of the Ruler's Representative in the Eastern region.
  • April 18, 2013
  • Additional Banking Services Available on RAKBANK Mobile Banking
  • RAKBANK, the leading retail and small business bank in the UAE, announced the launch of new services on its Mobile Banking platform that allow customers to conduct a wider range of banking transactions on the go via their handset. By introducing added services on its Mobile Banking Application and Service, customers can now use their mobile phones to order new cheque books, transfer balances, apply for supplementary cards, and even report a lost or stolen credit card.
  • February 20, 2013
  • RAKBANK Posts Strong Results for 2012
  • Bank Net Profit Increases by 16.6% for the year. RAKBANK, the leading retail and small business bank in the UAE, announced AED1,402.8 million net profit for 2012, an increase of 16.6% over 2011.
  • February 20, 2013
  • RAKBANK Conquers Al Rolla Area in Sharjah
  • RAKBANK, the leading retail and small business bank in the UAE, recently launched its sixth branch in Sharjah and the East Coast region. Strategically located in the heart of the vibrant Al Rolla area in Sharjah, the large branch aims to serve neighboring residents and the many small businesses located in the vicinity.
  • February 14, 2013