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The National Bank Of Ras Al Khaimah (RAKBANK) Today Reported Its Financial Results For The Nine Months Of 2025
(MENAFN- Mid-East Info) Record YTD profit before tax of AED 2.3B, up 23% YoY
Record breaking growth in profitability continues...
YTD performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 66%, and a 32% YoY growth in non-interest income driven by wealth management, FX and trading momentum ...driven by product innovation & balance sheet growth
The Bank's balance sheet grew by D 16B YoY with Loans & Advances growing by 10% YoY to D 54B, deposits growing by 15% and launch of new products like crypto brokerage and escrow services ...with robust credit quality and capital adequacy
Impairment loan ratio has improved further to 1.7% from 2.2% for same period last year and CAR ratio remains at 19.6%, well above regulatory requirements ...and outstanding shareholder returns
Shareholder returns improved further with return on equity at 21.9% (up from 20.5%) and return on assets at 3.0% (up from 2.9%) for 9M' 24 About RAKBANK We're RAKBANK. Banking should feel simple. Human. Helpful. So that's the kind we build. Since 1976, we've been helping people and businesses across the UAE grow with confidence, giving them the tools, the support, and the trust to make things happen. We started as a community bank and grew into one of the country's most dynamic financial institutions. What's never changed is our belief that banking should work for people, not the other way around. Today, we're leading a new chapter, one that combines smart digital innovation with genuine human connection. We call it digital with a human touch. We serve customers across every segment through our Personal Banking Group (PBG), Business Banking Group (BBG), and Wholesale Banking Group (WBG). As the UAE's go-to SME bank, we're helping thousands of businesses grow and thrive with seamless, digital-first banking. Our group also includes Skiply, the region's leading school payments app; Protego, our next-generation insurance aggregator; and RAK Insurance, one of the UAE's most trusted insurers, together creating an ecosystem that makes life simpler and safer for our customers. From empowering entrepreneurs and SMEs to launching the UAE's first crypto brokerage for retail customers and our own AI-powered digital assistant, we're shaping the future of banking while keeping the heart of it the same: people. RAKBANK - Digital with a human touch.
Record breaking growth in profitability continues...
YTD performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 66%, and a 32% YoY growth in non-interest income driven by wealth management, FX and trading momentum ...driven by product innovation & balance sheet growth
The Bank's balance sheet grew by D 16B YoY with Loans & Advances growing by 10% YoY to D 54B, deposits growing by 15% and launch of new products like crypto brokerage and escrow services ...with robust credit quality and capital adequacy
Impairment loan ratio has improved further to 1.7% from 2.2% for same period last year and CAR ratio remains at 19.6%, well above regulatory requirements ...and outstanding shareholder returns
Shareholder returns improved further with return on equity at 21.9% (up from 20.5%) and return on assets at 3.0% (up from 2.9%) for 9M' 24 About RAKBANK We're RAKBANK. Banking should feel simple. Human. Helpful. So that's the kind we build. Since 1976, we've been helping people and businesses across the UAE grow with confidence, giving them the tools, the support, and the trust to make things happen. We started as a community bank and grew into one of the country's most dynamic financial institutions. What's never changed is our belief that banking should work for people, not the other way around. Today, we're leading a new chapter, one that combines smart digital innovation with genuine human connection. We call it digital with a human touch. We serve customers across every segment through our Personal Banking Group (PBG), Business Banking Group (BBG), and Wholesale Banking Group (WBG). As the UAE's go-to SME bank, we're helping thousands of businesses grow and thrive with seamless, digital-first banking. Our group also includes Skiply, the region's leading school payments app; Protego, our next-generation insurance aggregator; and RAK Insurance, one of the UAE's most trusted insurers, together creating an ecosystem that makes life simpler and safer for our customers. From empowering entrepreneurs and SMEs to launching the UAE's first crypto brokerage for retail customers and our own AI-powered digital assistant, we're shaping the future of banking while keeping the heart of it the same: people. RAKBANK - Digital with a human touch.
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