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RakBank enables India remittance via Blockchain

November 23, 2017

RakBank a top bank based in Ras Al-Khaimah UAE has announced that it has partnered with Ripple to leverage its global Blockchain network (RippleNet) to power cross-border payments. Recognising the ris... View more

Rakez to offer clients banking services with RakBank

October 29, 2017

Ras Al Khaimah Economic Zone (Rakez) and RakBank two of Ras Al Khaimah s largest home-grown entities have partnered to offer the economic zone s over 13 000 clients easy access to a wide range of bank... View more

Farnek wins Rakbank FM services contract

September 18, 2017

Leading UAE-based total facilities management (FM) company Farnek said it has been awarded a two-year contract to provide cleaning services for National Bank of Ras Al Khaimah (Rakbank). This latest c... View more

Rakbank enables Samsung Pay on ATMS

August 27, 2017

Rakbank one of the leading banks in the UAE has partnered with America-based financial service provider Diebold Nixdorf to launch Samsung Pay on their ATMs. With more than 250 Diebold Nixdorf ATMs Rak... View more

RakBank picks Samsung Pay Solutions for ATMs

June 23, 2017

RakBank is the first bank in the Middle East to introduce Samsung Pay solutions for its ATMs in partnership with Samsung Gulf Electronics a report said. This innovative digital solution enables the ba... View more

RakBank, C3 launch new prepaid payroll card

May 3, 2017

RakBank has signed an agreement with C3 a prepaid card service provider in order to provide C3 with a BIN sponsorship on their prepaid cards to strengthen the C3 payroll offering. With this partnershi... View more

DGCX, DMCC, RakBank to develop bullion products

April 8, 2017

The Dubai Gold and Commodities Exchange (DGCX) the Dubai Multi Commodities Centre (DMCC) and RakBank have signed a memorandum of understanding (MoU) for the development of bullion products. One produc... View more

RAK SME, Rakbank sign financing agreement

March 1, 2017

Saud bin Saqr Establishment for Small and Medium Enterprises (RAK SME) and National Bank of Ras Al Khaimah (Rakbank) have signed a memorandum of understanding to provide financing services at competit... View more

RakBank posts nine-month profit at $151m

October 27, 2016

The National Bank of Ras Al-Khaimah (RakBank) has announced a consolidated net profit of Dh554.2 million ( 150.8 million) for the nine months ended September 30. The Group s operating profit increased... View more

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