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Organization: National Bank of Ras Al-Khaimah (RAKBANK)
LEI 254900CDNPJRAT391Y16, SWIFT NRAKAEAKXXX

Organization name
NATIONAL BANK OF RAS AL-KHAIMAH P.S.C.
Country name
United Arab Emirates
Country of registration
United Arab Emirates
Industry
Banks
Bond debt
500 mln USD

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Profile

RAKBANK, also known as the National Bank of Ras Al Khaimah (P.S.C) a Public Joint Stock Company, is one of the oldest and most dynamic banks in the UAE. Founded in 1976, the Bank underwent a major transformation in 2001, with a shift in focus from Corporate Banking to Personal and Business Banking. Today, the Bank offers a wide range of personal and business banking services throughout its 21 branches and its portfolio of electronic banking solutions, which include Telephone and Digital Banking. It also offers Sharia-compliant personal and business banking services via its Islamic Banking unit, RAKislamic. RAKBANK is a public joint stock company, headquartered in the emirate of Ras Al Khaimah, in the UAE. Its Head Office is situated in the RAKBANK Building on Sheikh Mohammed Bin Zayed Road in Ras Al Khaimah. The Bank is 52.76% owned by the Government of Ras Al-Khaimah and its shares are publicly traded on ADX. RAKBANK is a proud member of the UAE Banking Federation (UBF) and as such, abides by the UBF stipulated, Customer Charter for all member banks. We concur with the Customer Charter to promote trust and best practices across financial services industry, providing customers with clear guidelines about the standard of service they can expect from their banks.

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Codes

  • LEI
    254900CDNPJRAT391Y16
  • SWIFT
    NRAKAEAKXXX
  • SIC
    6081 Foreign banks branches and agencies
  • ICB
    8,300 Banks

Credit and ESG Ratings

Macroeconomic Indicators - National Bank of Ras Al-Khaimah (RAKBANK)

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