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Magnati and RAKBANK partners to provide businesses with embedded finance solutions

Magnati has partnered with RAKBANK to launch an innovative merchant financing platform. This partnership enables SME merchants to access credit facilities through RAKBANK by...

RAKBANK marks milestone with its first Central Bank Digital Currency transfer via mBridge

The National Bank of Ras Al Khaimah announces that it is one of the first banks in the United Arab Emirates to successfully execute...

RAKBANK partners with 4most to enhance model management practices

RAKBANK has appointed specialist analytics and risk management consultancy, 4most, to strengthen its model management practices. The partnership coincides with work 4most has started...

RAKBANK partners with Bitpanda Technology Solutions to unlock digital assets in the UAE

The National Bank of Ras Al Khaimah - RAKBANK partners with Bitpanda Technology Solutions, a leading digital assets infrastructure provider, to provide a robust...

RAKBANK posts record AED 1.1 billion half-year profit

The bank's net interest income, including income from Islamic products net of distribution to depositors, reached AED 1.8 billion

RAKBANK to transform AI applications in banking operations supported by Microsoft

RAKBANK and Microsoft, as part of their ongoing collaboration, will be leveraging the power of artificial intelligence (AI) to transform various facets of operations...

RAKBANK’s Q1 2024 profit jumps 39.7% to AED 629 million

Net interest income at AED 879.5 million is up 11.5% year-on-year, supported by a robust fee income of AED 294.9 million

RAKBANK delivers highest ever half yearly net profit of AED 901M, up 71% year on year

The National Bank of Ras Al Khaimah (RAKBANK) reported its financial results for the first half of 2023 (“H1’23”) Key Financial Highlights Record net profit in...

Building a Customer-Obsessed Bank: How Digital Transformation is Empowering Banks to Meet Evolving Customer Needs

Sriranga: Hello Tapas! Let’s start with introductions about your bank and your role at the bank. Tapas: RAKBANK is one of the most dynamic financial...

RAKBANK launches digital on-boarding solution for instant credit cards through its banking app

RAKBANK has rolled out a new digital on-boarding solution that allows customers to apply for a RAKBANK Credit Card digitally. New customers will receive...

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