Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Arab Emirates
  4. Abu Dhabi Securities Exchange
  5. The National Bank of Ras Al-Khaimah (P.S.C.)
  6. Company
    RAKBANK   AEN000601015

THE NATIONAL BANK OF RAS AL-KHAIMAH (P.S.C.)

(RAKBANK)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
Business Summary
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.
Sales per Business
20192020Delta
Retail Banking1 722.2435%1 457.1833.1% -15.39%
Business Banking1 289.3426.2%1 012.4723% -21.47%
Treasury and Others398.798.1%663.5215.1% +66.38%
Wholesale Banking301.266.1%276.896.3% -8.09%
Insurance Business54.231.1%84.221.9% +55.3%
Head Office and Unallocated Costs221.564.5%83.171.9% -62.46%
AED in Million
Sales per region
20192020Delta
United Arab Emirates3 978.9280.8%3 564.0380.9% -10.43%
AED in Million
Managers
Name Title Age Since
Peter William England Chief Executive Officer 59 -
Deepak Majithia Chief Financial Officer - -
Venkat Raghavan Chief Compliance Officer - -
Ahmed Issa Al-Naeem Independent Non-Executive Director - -
Salem Ali Al-Sharhan Independent Non-Executive Director - -
Rajan Khetarpal Independent Non-Executive Director - -
Mohammad Hassan Omran Al-Shamsi Chairman 68 2015
Kantic Dasgupta Independent Non-Executive Director - -
Zeina Sammakieh Investor Relations Contact - -
Vikas Suri Managing Director-Treasury - 2016
Members of the board
Name Title Age Since
Mohammad Hassan Omran Al-Shamsi Chairman 68 2015
Salim bin Sultan Saqer Al-Qassemi Non-Independent Non-Executive Director - -
Ahmed Issa Al-Naeem Independent Non-Executive Director - -
Salem Ali Al-Sharhan Independent Non-Executive Director - -
Rajan Khetarpal Independent Non-Executive Director - -
Kantic Dasgupta Independent Non-Executive Director - -
Amneh Saud Saqr Al-Qasimi Vice Chairman - -
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,676,000,000 736,755,124 44.0% 0 0.0% 44.0%
Shareholders
NameEquities%
Emirate of Ras Al Khaimah (United Arab Emirates) 827,180,158 49.3%
Ahmed Issa Al-Naeem 112,099,867 6.69%
Norges Bank Investment Management 9,014,530 0.54%
William Blair Investment Management LLC 820,643 0.049%
Amundi Ireland Ltd. (United Kingdom) 440,030 0.026%
Acadian Asset Management LLC 50,387 0.0030%
Dimensional Fund Advisors LP 45,427 0.0027%
Holdings
NameEquities%Valuation
RAS AL KHAIMAH NATIONAL INSURANCE COMPANY P.S.C. (RAKNIC) 96,088,365 79.2% 91,558,759 USD
Company contact information
National Bank of Ras Al Khaimah
RAK Operations Centre
Emirates Road
Ras al Khaimah, Ras al Khaymah

Phone : +971.7.2130000
Fax : +971.7.2435454
Web : http://www.rakbank.ae
Brand Portfolio
In partnership withAllbrands.markets
More brands of The National Bank of Ras Al-Khaimah (P.S.C.)