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The National Bank Of Ras Al Khaimah Psc (United Arab Emirates)

Main Activities: Commercial Banking
Full name: The National Bank Of Ras Al Khaimah Psc Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The National Bank of Ras Al Khaimah was incorporated in year 1976 as a public shareholding company that provides commercial banking services. The bank is engaged in providing retail and corporate banking services through his network of more than thirty branches in the United Arab Emirates. The Bank also offers banking services for corporations and banking solutions for small and medium-sized businesses and Islamic banking consistent with the principles of Sharia. The bank is headquartered in the Ras Al-Khaimah Emirate. The company has been listed in the Emirates stock market since 2005.

Headquarters
Rakbank Building, Al Rifa Area, Exit No.129, Sheikh Mohammed Bin Zayed Road, P.O Box 5300
Ras Al Khaimah; Northern Emirates; Postal Code: 5300

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Website: http://www.rakbank.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1976
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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52.8%
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6.74%
Subsidiaries
Protego Insurance Brokers L.L.C
100%
Rak Financial Services(/Br) Limited
100%
Rak Global Markets Cayman Limi
100%
Company Performance
Financial values in the chart are available after The National Bank Of Ras Al Khaimah Psc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net interest income
40.35%
Operating profit (EBIT)
54.5%
Net Profit (Loss) for the Period
52.35%
Total assets
11.2%
Total equity
14.73%
Total Assets Trend
-4.29%
Net Interest Income Trend
23.44%
Loans to Deposits Ratio
-2.17%
Loans to Asset Ratio
-0.59%

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