What is Rak Bank United Arab Emirates?
Rak Bank trading as Rakbank is the trading name with which the 'National Bank of Ras Al-Khaimah PSC' is doing business in the UAE. Majority of the ownership of the bank belongs to the Government of Ras Al Khaimah. The bank offers a wide range of banking services ranging from general banking, merchant banking, consumer banking, commercial banking, and other financial services including wealth management services, investment banking services, insurance services, mortgages, credit cards, debit cards, vehicle insurance, different type of loan service such vehicle loans and personal loans. In addition to that the bank also provides its customers with an access to their accounts online through Internet banking and Mobile banking services.
RAKBANK was incorporated in the year 1976 and is the amongst the fastest growing companies. It has several branches throughout the country with its corporate office situated in Ras Al-Khaimah, United Arab Emirates. In the 2000s, the bank shifted its focus to retail banking sector targeting medium and small scale businesses. The bank is listed on country's national stock exchange Abu Dhabi Securities Exchange (ADX) and sell its financial products publicly. The company started a division named RAKBANK AMAL which offers Islamic banking services which are different from general banking services as it follows Shariah (Islamic law).
Rakbank had won numerous awards and earn recognitions for its services offered to the its customers like it was awarded with 'the Best Internet Banking Initiative Award' for Click and Collect at the Asian Banker – Middle East Retail Product Awards 2014.
Customer service hours: Sunday to Thursday, 08:00am to 04:30pm