rakbank

Rakbank: Record Profits Driven by Resilience, Sustainable Growth and a Fortress Balance Sheet

RAKBANK delivers record profits through resilient performance, sustainable growth, and a fortress balance sheet, reinforcing its financial strength and execution

Banking15 hours agoby News Desk 20

RAKBANK and EGF Sign MOU to Boost SME Growth at MIITE

RAKBANK and Emirates Growth Fund signed a strategic MOU at Make It in the Emirates to boost SME growth, strengthen entrepreneurship, and support sustainability

Banking2 months agoby News Desk 257

RAKBANK Hits Record Q1 2026 Profit; Strong Growth Position

RAKBANK reports record Q1 2026 profit driven by strong revenue growth, improved asset quality, and strategic expansion, reinforcing its market position and outlook

Finance3 months agoby News Desk 361

RAKBANK Elite Wins Two Major Euromoney Private Banking Awards

RAKBANK Elite secures two prestigious titles at the Euromoney Private Banking Awards 2026, reinforcing its leadership in wealth management, client service excellence

Banking3 months agoby News Desk 492

RAKBANK & Network International Finalize UAE Merchant Deal

RAKBANK and Network International finalize a strategic merchant acquiring transaction in UAE, enhancing digital payment capabilities & expanding merchant services

Fintech4 months agoby News Desk 443

RAKBANK Gets In-Principle Approval for AED-Backed Stablecoin

RAKBANK receives in-principle approval to launch an AED-backed stablecoin, strengthening UAE’s digital finance ecosystem and advancing secure, regulated solutions

Digital Currency6 months agoby News Desk 737

RAKBANK Achieves AED 772M Profit Amidst Global Uncertainty

RAKBANK reports a record AED 772M profit before tax, showcasing growth amid global uncertainty. Discover how the bank continues to thrive in challenging economy.

Banking1 year agoby News Desk 1178

Fitch Affirms RAKBANK's Strong Rating - Upgrades Viability Rating

Fitch affirms RAKBANK’s BBB+ long-term IDR with a stable outlook, upgrading its Viability Rating to bbb-, highlighting the bank’s strong financial resilience.

Banking1 year agoby News Desk 1079

RAKBANK Credit Outlook Upgraded to Positive by Moody’s: Strong Performance and Growth Highlighted

Moody’s upgrades RAKBANK’s credit outlook to Positive, highlighting strong financial performance, diversified growth, and resilience in the UAE’s banking sector.

Banking1 year agoby News Desk 1137

RAKBANK Bolsters GRC with Paramount and Archer Partnership

RAKBANK has partnered with Paramount and Archer to enhance its Governance, Risk, and Compliance (GRC) framework, ensuring improved risk management and compliance.

Banking1 year agoby News Desk 1317

RAKBANK Achieves Record Profit of AED 1.9B for the First Nine Months of 2024, Up 37% Year-on-Year

RAKBANK posts a 37% YoY profit increase, reaching AED 1.9B in the first nine months of 2024, driven by strong credit quality, and consistent strategic growth

Banking1 year agoby News Desk 1157

RAKBANK Achieves CBDC Milestone with mBridge Transaction

RAKBANK achieves a significant milestone with its first Central Bank Digital Currency (CBDC) transfer through the mBridge platform, pioneering digital banking.

Fintech1 year agoby News Desk 1290

RAKBANK Successfully Raised $250 million in 1st Tier 2 Issuance

RAKBANK successfully completes its inaugural Tier 2 issuance, raising $250 million. This milestone strengthens its capital base, enhancing growth and stability.

Markets and Securities1 year agoby News Desk 1302

RAKBANK & Bitpanda Join Forces for UAE Digital Asset Platform

RAKBANK partners with Bitpanda Technology Solutions to offer UAE customers seamless access to digital assets, enhancing financial services with innovation.

Finance1 year agoby News Desk 1355

RAKBANK & Wipro Partner on Dubai Testing Center for Faster Banking Innovation

RAKBANK partners with Wipro to launch a Testing Center in Dubai, fostering rapid banking innovation & enhancing service quality with advanced testing solutions.

Big Data1 year agoby News Desk 1668