The National Bank of Ras Al-Khaimah (P.S.C.) - Company Profile
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Business Description
The National Bank of Ras Al-Khaimah (P.S.C.) (Rakbank) is a provider of retail, corporate, and commercial banking products and other related financial services to private and corporate customers. Its offerings comprise financing solutions, including loans and advances to clients across various sectors such as real estate and construction, manufacturing, financial institutions, mining, oil and gas, agriculture, transport and communication, government, and service sectors. The Bank operates branches across the UAE, including locations in Dubai, Abu Dhabi, Sharjah, Ajman and Fujairah.
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Business Segments
Overview
Offers various corporate and commercial banking products and services to large corporates, and small and medium business entities. Offerings include trade finance, accounts, cash management, foreign exchange, loans and interest rate risk management.
Performance
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Overview
Includes central funding & other support functions including insurance related transactions of Raknic subsidiary.
Performance
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Overview
Offers various personal banking products and services to individual customers. The various personal banking products offered by the bank comprises savings and current accounts, fixed deposits, overdrafts, auto and personal loans, farm loan, mortgage loan, debit cards, and credit cards.
Performance
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Overview
Offers a range of financial products and services including loans, advances, deposits and trade finance transactions. Serves corporate clients such as financial institutions and government and public bodies.
Performance
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