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Ras Al-Khaimah launches smart e-payment systemThe Ras Al Khaimah Department of Finance has partnered with RakBank as exclusive acquiring bank and STS PayOne as a leading regional provider of ePayment solutions, to launch RAK SmartPay as an integrated e-payment system in the Emirate. More… |
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RakBank Q3 net profit up 6.8pc to top $65mThe National Bank of Ras al-Khaimah (RakBank) Group has announced a consolidated net profit of Dh240.1 million ($65.4 million) for the third quarter of the year, an increase of 6.8 per cent year-on-year, a media report said. The g More… |
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RakBank H1 net profit up 13pc to hit $117.5mThe National Bank of Ras Al Khaimah (RakBank) has posted a consolidated net profit of Dh431.7 million ($117.5 million) for the first half (H1) of the year, reflecting an increase 13.2 per cent year-on-year and 10.5 per cent compared with the fir More… |
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RakBank becomes official bank of FC Barcelona in UAEThe National Bank of Ras Al Khaimah (RakBank) and FC Barcelona have announced a strategic regional partnership for three years extendable by another two years whereby RakBank has become the official bank of FC Barcelona in the UAE. More… |
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RakBank, Xpress Money partner for payment serviceRakBank, a leading bank in the UAE, has partnered with Xpress Money, a major money transfer brand, to offer convenient money transfer services to RakBank customers through the bank’s remittance service RAKMoneyTransfer (RMT). More… |
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RakBank hosts campaign on remittance solutionRakBank recently partnered with C3, part of the Edenred Group and Farnek, a leader in facilities management, in order to host a financial literacy campaign at both the Dubai and Ras al Khaimah headquarters of the bank. The objecti More… |
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Farnek secures $43m FM contracts in UAEUAE-based facilities management company and sustainability consultancy Farnek said it has been awarded new contracts worth over Dh157 million ($43 million) from several major organisations in the UAE. These include Dubai Airports, More… |
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RakBank deploys AI chatbot for customer serviceRakBank has recently introduced a cognitive chatbot that allows bank employees to interact with an AI-powered IBM platform to help them answer questions, find solutions or quickly route pending requests to human advisors. Us More… |
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RakBank enables India remittance via BlockchainRakBank, 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 rising power of blockchain in t More… |
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Rakez to offer clients banking services with RakBankRas 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 banking services at preferential te More… |
