RAKBANK Conquers Al Rolla Area in Sharjah

Top Quote 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. End Quote
  • (1888PressRelease) February 14, 2013 - Bank launches new branch for personal and small business banking .

    "RAKBANK's strategy aims to establish a strong presence in all the country's emirates," said Graham Honeybill, RAKBANK Chief Executive Officer. "In Sharjah, the new Al Rolla branch is an addition to our other two branches in King Faisal Street and Sharjah Industrial Area to ensure that the Bank is available to customers in the emirate's most bustling neighborhoods."

    The new branch caters to nearby enterprises and start-ups in one of the city's most prominent locations for small businesses. The range of financial solutions available to business customers includes RAKBANK's unique interest-bearing current account, which conveniently requires a low minimum balance. Companies demonstrating a solid business model can also take advantage of the Bank's collateral-free business finance loans plus flexible trade and working capital solutions.

    In addition, the new branch will offer a wide range of conventional personal banking services to individuals, including RAKBANK account, deposit and investment options as well as personal, auto and mortgage loans, and a suite of debit, credit, and prepaid cards. All customers can enjoy the Bank's complementing electronic channels for a faster and more convenient banking experience through Online Banking, Mobile Banking, RAKBANK Direct, and Phone Banking.

    "Even with a wide portfolio of electronic solutions, RAKBANK's strategy maintains a strong commitment to brand visibility," added Honeybill. "The Bank continues to reinforce its physical presence to support its continuous drive to deliver the highest level of service across all its contact channels with customers."

    With the addition of Al Rolla branch to its network, RAKBANK serves its customers today through a total of 33 branches and 200 ATMs located across the UAE. For detailed branch locations and further Bank information, customers are invited to visit www.rakbank.ae.

    About RAKBANK
    RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a leading retail and small to medium business bank in the UAE, serving over 450,000 customers. Founded in 1976, the Bank is one of the country's oldest local financial institutions and today one of its fastest growing and most dynamic banks.

    RAKBANK offers a wide range of personal and business banking services throughout its 33 branches, as well as its Telephone, Online, and Mobile banking channels. The Bank is a prominent player in small to medium enterprise finance and a leading provider of credit cards, receiving the title of 'Bank of the Year' in 2012 by Arabian Business Achievement Awards.

    RAKBANK earned a reputation for extending one of the highest levels of customer service in the local industry by topping the annual Service Quality Bank Benchmarking Study, conducted by independent service specialists Ethos Consultancy, from 2005 to 2010.

    For more information, please visit www.rakbank.ae or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via twitter.com/rakbanklive and facebook.com/rakbank.

    For media queries, kindly contact Lamis Daoud on +9714 291 5064 or via lamis.daoud ( @ ) rakbank dot ae.

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