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National Bank of Ras Al-Khaimah PJSC (RAKBANK)

RAKBANK is one of the leading banks in the United Arab Emirates (UAE). It was established in 1976 and is headquartered in the emirate of Ras Al-Khaimah. RAKBANK has a strong presence in both the retail and corporate banking sectors. In terms of retail banking, RAKBANK offers a wide range of products and services including savings and current accounts, personal loans, credit cards, and mortgages. The bank also has a large network of branches and ATMs across the UAE. In the corporate banking sector, RAKBANK provides a comprehensive suite of products and services including working capital financing, project financing, trade finance, and treasury services. The bank has a strong focus on small and medium enterprises (SMEs) and has a dedicated SME Banking team to support this segment. RAKBANK has a strong commitment to Corporate Social Responsibility (CSR) and supports a number of initiatives in this area. The bank is also an active member of the UAE banking community and is involved in several industry associations.

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Principal: AED 4,000,000.00
Monthly Payment: AED 25,827.10
Total Amount: AED 6,198,505.12
Total Loan Term: 240 months
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