National Bank of Ras Al-Khaimah is engaged in providing retail banking, commercial banking, Islamic financing and provision of other banking services through a network of 34 branches in the UAE. RAKBANK is 52.75% owned by the Government of Ras Al-Khaimah and its shares are publicly traded in the Abu Dhabi Securities Exchange. The Bank is headquartered in Ras Al- Khaimah. RAK Islamic Finance Pvt.J.S.C, RAK Technologies FZCO and Boss FZCO are the three subsidiaries of the Bank.
RAKBANK offers a wide range of personal and business banking services, its portfolio of electronic banking solutions include telephonic, online and mobile banking. The Bank also offers Sharia - complaint personal and business banking services via its Islamic banking unit, RAKBANK AMAL.
|Date Established||Jun 14, 1976|
|Listing Date||Aug 14, 2005|
|Paid-up Capital (AED)||1,676,245,428|
|Shares Per Value||1|
RAK Operations Centre, Emirates Road, P.O.Box 5300, Ras Al Khaimah, U.A.E
+971 7 2062222
+971 7 2435454
RAKBANK was incorporated in UAE with limited liability on 15 June 1976 under a decree issued by Sheikh Saqr Bin Mohamed al Qassimi, ruler of Ras Al Khaimah. The bank is registered as a public joint stock company in accordance with the UAE commercial companies law 1984 as amended.
|Sheikh Omar Bin Saqr Al- Qasmi||Chairman|
|Mr. Peter William England||CEO|
|Mr. Abdulaziz Abdullah Al Zaabi||Board of Directors|
|Mr. Ahmed Essa Al Naeem||Board of Directors|
|Mr. Hamad Abdulaziz Al Sagar||Board of Directors|
|Mr. Graham Honeybill||Board of Directors|
|Mr. Salem Ali Abdulla Saeed Al Sharhan Al Nuaimi||Board of Directors|
|Shekh. Salim Bin Sultan Al- Qasimi||Board of Directors|
|Mr. Yousuf Obaid Essa Al Nuaimi||Board of Directors|