Friday 15 November 2024
 
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RAKBank

Magnati, Rakbank partner to launch merchant financing platform

Magnati, a leading payment solutions provider, has partnered with Rakbank, the UAE's largest SME bank, to launch an innovative merchant financing platform, enabling SME merchants to access credit facilities through the bank, by leveraging re

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Magnati, Rakbank partner to launch merchant financing platform

Magnati, a leading payment solutions provider, has partnered with Rakbank, the UAE's largest SME bank, to launch an innovative merchant financing platform, enabling SME merchants to access credit facilities through the bank, by leveraging re

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RakBank partners with Bitpanda to unlock digital assets

The National Bank of Ras Al Khaimah (RakBank) has reached an agreement with Bitpanda Technology Solutions to provide a robust platform that will enable UAE residents to effortlessly manage digital assets.   When

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RakBank partners with Bitpanda to unlock digital assets

The National Bank of Ras Al Khaimah (RakBank) has reached an agreement with Bitpanda Technology Solutions to provide a robust platform that will enable UAE residents to effortlessly manage digital assets.   When

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Dentons advises Rakbank on first public social bond

Leading global law firm Dentons said it had played an advisory role for The National Bank of Ras Al Khaimah (Rakbank) on its issuance of $600 million 5.375% Social Notes due 2029.    The issuance was the fir

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RAKBANK H1 net profit soars 70.8pc to record $245.25m

The National Bank of Ras Al Khaimah (RAKBANK) has seen its first-half (H1) net profit soar 70.8% to record AED900.8 million ($245.25 million) driven by a healthy balance sheet, continued sales momentum and strong credit quality.

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Rakbank posts $123m Q1 profit; net income surges to $292m

The National Bank of Ras Al Khaimah (Rakbank) has reported solid growth for the first quarter of the year with more than two-fold increase in its net profit which surged to hit AED450 million ($123 million), while its total income soared to AE

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RAKBANK nets best Q3 result since 2015

The National Bank of Ras Al Khaimah, RAKBANK, has reported a net profit of AED351.4 million ($95.67 million) for the third quarter (Q3), up 53.7% compared to Q3 2021, reflecting the highest quarterly net profit since Q3 2015. &nbs

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RAKBANK joins cross-border payments platform Buna

RAKBANK has joined the Arab Monetary Fund (AMF)’s Buna payment platform, in line with the bank’s digital transformation strategy.    This partnership aims to provide customers with an enhanced pa

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Rakbank, Kraken to offer UAE's first AED virtual assets trading

Rakbank and Kraken Mena (Kraken), one of the world’s largest digital asset exchanges, have announced that UAE residents will soon be able to trade virtual assets in AED using their local bank account.   

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