RAKBANK, also known as The National Bank of Ras Al-Khaimah P.J.S.C, is a prominent public joint stock company headquartered in the Emirate of Ras Al Khaimah, UAE. Established in 1976, RAKBANK offers a wide array of banking and financial services to individual, small to medium-sized enterprises (SMEs), and corporate customers. Its offerings include retail banking products like accounts, credit cards, personal loans, and mortgages, as well as business banking solutions such as business loans, trade finance, and treasury services. RAKBANK is recognized for its customer-centric approach, strong focus on the SME sector, and continuous investment in digital innovation to enhance customer experience and operational efficiency. The bank operates through a network of branches, ATMs, and digital channels across the UAE.
Serves as the primary administrative and operational hub, overseeing strategic decision-making, core banking operations, technology infrastructure, risk management, and corporate governance for the entire bank.
A modern, purpose-built banking facility equipped with advanced technology and security systems to support its extensive operations and ensure data protection. Designed to foster collaboration and efficiency.
The work culture at RAKBANK's headquarters is professional, dynamic, and customer-oriented. There is an emphasis on innovation, particularly in digital banking, teamwork, and achieving strategic objectives in a competitive financial market.
The headquarters is the nerve center of RAKBANK, critical for its nationwide operations, policy formulation, and its role as a key financial institution in the UAE. It symbolizes the bank's stability and commitment to the region.
RAKBANK's primary operations are concentrated within the United Arab Emirates, where it serves a broad customer base through an extensive network of branches and digital platforms. While its physical presence is domestic, RAKBANK facilitates international trade finance and transactions for its customers and maintains correspondent banking relationships worldwide to support global business needs.
RAKBANK Building, Emirates Road
Ras Al Khaimah
Ras Al Khaimah
United Arab Emirates
Address: RAKBANK Regional Office, One Central, Dubai World Trade Centre District, Dubai, UAE
To provide accessible, high-level banking services and strategic support in Dubai, the UAE's primary international business and financial hub, enhancing the bank's reach and service capabilities for a diverse client base.
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As of April 2025, RAKBANK' leadership includes:
RAKBANK has been backed by several prominent investors over the years, including:
In the past 12 months, RAKBANK experienced a key leadership transition in its finance division with the departure of its Chief Financial Officer and the subsequent appointment of an Interim Chief Financial Officer.
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RAKBANK typically utilizes a standard corporate email format for its employees. The most commonly observed pattern is [firstname].[lastname]@rakbank.ae. Minor variations might exist for specific roles or internal communications, but this format is generally reliable for reaching RAKBANK personnel.
[firstname].[lastname]@rakbank.ae
Format
ahmed.khalifa@rakbank.ae
Example
75%
Success rate
RAKBANK Press Release / Gulf News • April 26, 2024
RAKBANK announced a net profit of AED 540 million for the first quarter of 2024, marking a 23.5% increase compared to the same period in the previous year. This growth was driven by higher net interest income, increased income from Islamic financing, and effective cost management....more
Trade Arabia / Zawya • May 22, 2024
RAKBANK has launched a fully digital onboarding solution for Small and Medium Enterprise (SME) customers. This new service allows businesses to open RAKstarter accounts remotely and swiftly, without needing to visit a physical branch, enhancing convenience and supporting the SME sector's growth....more
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