Saeeda Mohamed Al-Ameri, a UAE national from Abu Dhabi, is the latest winner of AMAL Jood's quarterly grand prize. The twenty-eight year-old reservoir engineer was recently handed a cheque of AED 500,000 in RAKBANK's Al Khalidiya branch in the capital.
RAKBANK is pleased to announce that it received ministerial approval to lift its foreign ownership level to 40% following the decision to do so at the Extraordinary General Meeting held on 8th May 2014.
RAKBANK's Islamic Banking division, AMAL, recently expanded its Sharia-compliant offering to its valued customers to include premium business finance solutions.
RAKBANK, the leading retail and small business bank in the UAE, reported a net profit of AED 1.14 billion for the nine months ended 30th September 2013, reflecting a 9.6% increase over the same period last year.
RAKBANK, the National Bank of Ras Al Khaimah, today announced the appointment of Peter England as the Bank's new CEO. England will succeed Graham Honeybill who is retiring after 17 years with the Bank.
RAKBANK, the leading retail and small business bank in the UAE, reported a net profit of AED 367.98 million for the quarter ended 31st March 2013, reflecting a 13% growth over the same period last year.
RAKBANK, the leading retail and small business bank in the UAE, continues to deliver competitive financial solutions to small-to-medium enterprises (SMEs) with the recent launch of its Titanium Business Credit Card. Just like the Titanium for individuals, the free-for-life credit card for SMEs combines convenience and savings to facilitate payments and extend exclusive benefits.
RAKBANK, the leading retail and small business bank in the UAE, is the official sponsor of the second Al Ain Motor Show, MOTEX 2013. Running from 17 to 20 January in Al Ain Convention Center, the show is under the patronage of His Highness Sheikh Hazza Bin Tahnoon Al Nahyan, General Manager of the Dewan of the Ruler's Representative in the Eastern region.
RAKBANK, the leading retail and small business bank in the UAE, announced the launch of new services on its Mobile Banking platform that allow customers to conduct a wider range of banking transactions on the go via their handset. By introducing added services on its Mobile Banking Application and Service, customers can now use their mobile phones to order new cheque books, transfer balances, apply for supplementary cards, and even report a lost or stolen credit card.
Bank Net Profit Increases by 16.6% for the year. RAKBANK, the leading retail and small business bank in the UAE, announced AED1,402.8 million net profit for 2012, an increase of 16.6% over 2011.
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.
RAKBANK, the leading retail and small business bank in the UAE, announced the launch of the first card in the region that caters to its large Filipino community.
RAKBANK, the leading retail and small business bank in the UAE, reported a net profit of AED 1.04 billion for the nine months ended 30th September 2012, recording 14.5% annual growth compared to the same period in 2011 and 7.6% quarter growth.
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