Dubai, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK), a leading UAE financial institution known for its pioneering efforts in the digital assets sector, has entered into a strategic partnership with Bitpanda Technology Solutions, a global leader in digital assets infrastructure. This collaboration is set to revolutionize the digital financial landscape […]
RAKBANK has reported impressive financial results for the first half of 2024, showcasing significant growth in key metrics. The bank’s net profit before tax surged by 33% to AED 1.2 billion, while net profit after tax increased by 21% year-on-year, reaching AED 1.1 billion. Total income for the period rose by 8.7% to AED 2.3 […]
Dubai, UAE – [Date] – RAKBANK has announced the successful issuance of its 5-year Euro Medium-Term Note (EMTN) Bond under its Social Finance Framework. The bond issuance attracted significant investor interest and was oversubscribed by more than three times, enabling the bank to upsize the issue to USD 600 million. The strong demand also allowed […]