Saturday 22 September 2018
 
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RAKBank

RakBank H1 net profit up 13pc to hit $117.5m

The 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

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RakBank becomes official bank of FC Barcelona in UAE

The 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.

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RakBank, Xpress Money partner for payment service

RakBank, 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).

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RakBank hosts campaign on remittance solution

RakBank 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

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Farnek secures $43m FM contracts in UAE

UAE-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,

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RakBank deploys AI chatbot for customer service

RakBank 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

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RakBank enables India remittance via Blockchain

RakBank, 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

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Rakez to offer clients banking services with RakBank

Ras 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

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Rakbank enables Samsung Pay on ATMS

Rakbank, one of the leading banks in the UAE, has partnered with America-based financial service provider Diebold Nixdorf to launch Samsung Pay on their ATMs. With more than 250 Diebold Nixdorf ATMs, Rakbank is maximising consumer

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RakBank picks Samsung Pay Solutions for ATMs

RakBank is the first bank in the Middle East to introduce Samsung Pay solutions for its ATMs, in partnership with Samsung Gulf Electronics, a report said. This innovative digital solution enables the bank’s customers to make

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