RAKBANK reports a record AED 772M profit before tax, showcasing growth amid global uncertainty. Discover how the bank continues to thrive in challenging economy.
Banking4 months agoby News Desk 409Fitch affirms RAKBANK’s BBB+ long-term IDR with a stable outlook, upgrading its Viability Rating to bbb-, highlighting the bank’s strong financial resilience.
Banking5 months agoby News Desk 265Moody’s upgrades RAKBANK’s credit outlook to Positive, highlighting strong financial performance, diversified growth, and resilience in the UAE’s banking sector.
Banking5 months agoby News Desk 259RAKBANK has partnered with Paramount and Archer to enhance its Governance, Risk, and Compliance (GRC) framework, ensuring improved risk management and compliance.
Banking9 months agoby News Desk 440RAKBANK 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
Banking10 months agoby News Desk 367RAKBANK achieves a significant milestone with its first Central Bank Digital Currency (CBDC) transfer through the mBridge platform, pioneering digital banking.
Fintech11 months agoby News Desk 487RAKBANK partners with Bitpanda Technology Solutions to offer UAE customers seamless access to digital assets, enhancing financial services with innovation.
Finance1 year agoby News Desk 532RAKBANK 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 955RAKBANK 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 633Discover 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 804
