Profile: RAKBANK | The National Bank Of Ras Al Khaimah

ABU DHABI SECURITIES EXCHANGE (ADX)Trading Hours: Sun - Thu 10:00 am-2:00 pm

The National Bank Of Ras Al Khaimah RAKBANK
Banks 0.00%
ADI 0.00%
Last Value
% Change
Price in AED Last Update : 21 Sep 2017 10:15 am (local time)


Corporate Details
Exchange Abu Dhabi
Sector Banks
Auditors PricewaterhouseCoopers
Company Description

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.

Company Activities

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.

Equity Profile
Date Established Jun 14, 1976
Listing Date Aug 14, 2005
Paid-up Capital (AED) 1,676,245,428
Outstanding Shares 1,676,245,428
Shares Per Value 1
Contact Information

RAK Operations Centre, Emirates Road, P.O.Box 5300, Ras Al Khaimah, U.A.E

+971 7 2062222

+971 7 2435454



Company History

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.

Board Members & Senior Management
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
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