RAKBANK reports a record AED 772M profit before tax, showcasing growth amid global uncertainty. Discover how the bank continues to thrive in challenging economy.
Banking8 months agoby News Desk 686Fitch affirms RAKBANK’s BBB+ long-term IDR with a stable outlook, upgrading its Viability Rating to bbb-, highlighting the bank’s strong financial resilience.
Banking9 months agoby News Desk 561Moody’s upgrades RAKBANK’s credit outlook to Positive, highlighting strong financial performance, diversified growth, and resilience in the UAE’s banking sector.
Banking9 months agoby News Desk 620RAKBANK 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 753RAKBANK 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 663RAKBANK 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 772RAKBANK partners with Bitpanda Technology Solutions to offer UAE customers seamless access to digital assets, enhancing financial services with innovation.
Finance1 year agoby News Desk 810RAKBANK 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 1217RAKBANK issues the GCC's first public Social Bond, pioneering sustainable finance and supporting social projects, enhancing community well-being & development.
Banking1 year agoby News Desk 1000Discover how RAKBANK revolutionizes banking with AI, powered by Microsoft. Explore the future of seamless, efficient financial services and about partnership.
AI1 year agoby News Desk 1163
