The National Bank of Ras Al-Khaimah

RAKBANK

AEN000601015

Banks

Market Closed - Abu Dhabi Securities Exchange Other stock markets 05:28:10 2024-04-24 am EDT			5-day change	1st Jan Change
5.1 ^AED	-0.97%		-0.97%	-3.77%

Apr. 26	Rakbank Posts Higher Q1 Attributable Profit, Net Income	MT
Apr. 26	The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

The National Bank of Ras Al Khaimah Appoints Mohamed Omran Al Shamsi as the Chairman of the Board

March 19, 2024 at 07:41 pm EDT

The National Bank of Ras Al Khaimah appointed Mohamed Omran Al Shamsi as the Chairman of the board. The lender's board members also elected Shaikha Amneh Al Qasimi as the Vice Chairperson, according to a bourse filing. The board greenlighted the two appointments during its meeting that was held on 18 March 2024.

Latest news about The National Bank of Ras Al-Khaimah

Rakbank Posts Higher Q1 Attributable Profit, Net Income	Apr. 26	MT
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 26	CI
Moody's Affirms UAE-based Rakbank's Rating, Outlook on Improved Profitability	Mar. 29	MT
Fitch Confirms Rating, Stable Outlook on The National Bank of Ras Al-Khaimah	Mar. 20	MT
The National Bank of Ras Al Khaimah Appoints Mohamed Omran Al Shamsi as the Chairman of the Board	Mar. 19	CI
Abu Dhabi-listed National Bank of Ras Al Khaimah Resumes Trading	Mar. 18	MT
The National Bank of Ras Al-Khaimah (P.S.C.) Proposes Cash Dividend	Mar. 06	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 29	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-23	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-25	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-26	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-13	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-02-13	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-25	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-26	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-26	CI
National Bank of Ras Al-Khaimah (P.S.C.) Appoints Stephen Robert Monaghan as Independent / Non-Executive Director	22-02-01	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	22-02-01	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Announces Resignation of H.H.SH. Salem Bin Sultan AIQassimi as Director	22-02-01	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Recommends Distribution	22-02-01	CI
The National Bank of Ras Al-Khaimah Announces CEO Changes	21-12-16	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-26	CI
The National Bank of Ras Al-Khaimah (P.S.C.) Appoints Imad Khalil as Company Secretary	21-08-24	CI
The National Bank of Ras Al-Khaimah P.S.C. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-07-27	CI
The National Bank of Ras Al Khaimah Signs A Memorandum of Understanding with Ajman Free Zone	21-07-05	CI

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Company Profile

The National Bank of Ras Al-Khaimah PSC (RAKBANK) is a United Arab Emirates-based public shareholding company engaged in the provision of retail and commercial banking services through a network of 33 branches located across the United Arab Emirates. The Bank is organized into three main business segments: the Retail banking segment includes private customer current accounts, savings accounts, deposits, credit and debit cards, customer loans and mortgages; the Corporate banking segment incorporates transactions with corporate bodies, including government and public bodies, small and medium entities, and comprising of loans, advances, deposits and trade finance transactions, and the Treasury segment covers activities of the dealing room, related money market, foreign exchange transactions with other banks and financial institutions.

Sector

Banks

Calendar

2024-07-22 - Q2 2024 Earnings Release (Projected)

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Ratings for The National Bank of Ras Al-Khaimah

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.1 AED

Average target price

6.083 AED

Spread / Average Target

+19.28%

Consensus

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Quarterly revenue - Rate of surprise

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