Official name
The National Bank of Ras Al-Khaimah P.S.C.
ADX · RAKBANK
The National Bank of Ras Al-Khaimah P.S.C.
- Research depth
- Review ready · verified figures appear when approved
- Sector lens
- Financial services and insurance
- Reporting context
- FY2025 audited; H1 2026 reviewed IAS 34
Company overview
- Exchange
- ADX
- Ticker
- RAKBANK
- ISIN
- Not yet available in the public research layer.
- Market identifier code (MIC)
- XADS
- Stable research ID
- ADX-RAKBANK
- Industry evidence
- Diversified UAE commercial banking with retail, SME, wholesale, Islamic and insurance activities
- Instrument type
- Listed equity
- Research status
- Review ready · verified figures appear when approved
- Latest financial period
- FY2025 audited; H1 2026 reviewed IAS 34
- Identity evidence checked
- 2026-08-10
- Identity checked
- Identity revalidation is due; this dated record is not proof of current listing status
- Listing lifecycle
- Listing confirmed in the dated recordA dated identity record does not prove the current listing state after its verification date.
Issuer participationProfile foundation available
The National Bank of Ras Al-Khaimah P.S.C. · What the issuer can provide
- current identity confirmation
Why this company is in the directory
Coverage follows a reconciled listed-security identity and dated evidence. Inclusion describes research scope only; it is not a ranking, recommendation or claim of complete financial coverage.
- Identity reconciliation
- Official exchange route verified before public inclusion
- Current public research layer
- Review ready · verified figures appear when approved
- Evidence boundary
- Identity record checked: 2026-08-10
Company evidence map
Open a card to inspect its public evidence. Missing, stale, conflicting or unavailable data is never replaced with an estimate.
Review ready · verified figures appear when approvedStale
Open the Company BriefListed-security identity
Revalidation is due; the dated record is not proof of current listing status.
Checked: 2026-08-10→AvailableIssuer profile
Verified public issuer fields are available.
→AvailableSource documents
3 source documents are linked to public facts.
→MissingCompany activity
No linked activity currently passes every public source-document check.
→AvailableOfficial sources
A rights-reviewed official identity source is linked.
→Public identity dossier
Verified listing identity
The fields below come from the current public company registry and any human-published issuer profile. Empty issuer-contact fields stay visibly missing until source and publication-rights review are complete.
- Official listed name
- The National Bank of Ras Al-Khaimah P.S.C. Available
- Exchange
- ADX Available
- MIC
- XADS Available
- Ticker
- RAKBANK Available
- ISIN
- Missing Missing
- Instrument
- Listed equity Available
- Sector
- Financial services and insurance Available
- Industry
- Diversified UAE commercial banking with retail, SME, wholesale, Islamic and insurance activities Available
- Identity checked
- 2026-08-10 Available
- Official website
- Missing Missing
- Investor relations
- Missing Missing
- Registered address
- Missing Missing
- Public contacts
- Missing Missing
Company activity context
Only exact-security, human-published activity that passes every public source-document check can appear here.
No linked update currently passes every public gate.
Open the full chronologyPublic identity passport
Required identity fields are shown individually with their evidence state. A public link is not reuse permission, and a blank is never converted to a guess.
Ticker
RAKBANK
Exchange and MIC
ADX · XADS
ISIN
Not available in the public evidence layer
Instrument type
Listed equity
Sector and industry
Financial services and insurance · Diversified UAE commercial banking with retail, SME, wholesale, Islamic and insurance activities
Listing status
Listing confirmed in the dated record
Official website
Not available in the public evidence layer
Investor relations
Not available in the public evidence layer
Registered address
Not available in the public evidence layer
Public email
Not available in the public evidence layer
Public phone
Not available in the public evidence layer
Business description
Not available in the public evidence layer
Verified issuer profile
A verified public issuer profile has not been published yet.
Business model
Universal UAE bank earning net interest/Islamic financing margin and fees through Personal Banking, SME/Business Banking, Wholesale/Corporate Banking, RAKislamic, treasury/markets and insurance distribution. Economics depend on loan and deposit growth, CASA funding, NIM, fee mix, credit losses, operating efficiency, liquidity and regulatory capital.
RAKBANK — the half-year that sold a business
More than a quarter of the half-year profit came from a sale
Profit after tax of AED 1.713bn in the first half of 2026 included AED 473m booked as a gain on disposing of the merchant acquiring business. Remove the gross gain and AED 1.240bn remains — a diagnostic, not a normalised figure, since tax, transaction costs and the recurring fee income handed over are not separated. The lifecycle runs in stages: in December 2025 the unit was held for sale at AED 131m of net assets without derecognition; completion in 2026 brought AED 551m enterprise value, AED 386m upfront and AED 137m deferred consideration at present value.
Three lending books with three different risk shapes
At the half year gross loans split into Personal AED 25.853bn, Wholesale AED 23.558bn and Business AED 11.437bn — still anchored in salaried customers and small firms, though wholesale grew faster than either since FY2021. Inside it, mortgages were AED 13.740bn, personal loans AED 5.973bn and cards AED 2.951bn. RAKislamic held AED 8.053bn of gross financing with AED 368m of expected credit loss, embedded in group totals rather than additive. RAK Insurance is consolidated for accounting and excluded from the banking regulatory perimeter.
Coverage fell while impaired loans rose
Stage 3 gross loans grew from AED 1.043bn to AED 1.095bn, yet the provision fell from AED 975m to AED 941m, so derived coverage dropped from 93.54% to 85.89%. Stage 2 moved the other way: the balance shrank while coverage rose from 20.60% to 27.04%. Migration shows AED 1.379bn from Stage 1 to Stage 2, AED 505m from Stage 2 to Stage 3, AED 776m curing back, AED 31m from Stage 3 to Stage 2 and AED 316m written off. Net margin fell from 4.3% to 3.9%.
The bank used a central-bank facility and called it routine
During the half year RAKBANK temporarily drew AED 1.8bn of an eligible reserve balance under the UAE central bank's resilience package, and left the disclosed collateralised term facilities unused. Management called this no sign of liquidity stress — its own assessment. Net securities reached AED 22.639bn, repurchase funding grew from AED 2.155bn to AED 3.900bn and AED 4.178bn were pledged. The Government of Ras Al Khaimah held 49.35% at end-2025 and Ahmed Al Naeem 6.96%.
The capital picture stops halfway through the year
Only a management total capital ratio of 19.3% exists for the half year; common equity and risk-weighted assets are absent, leaving FY2025 figures of 14.53% and AED 80.644bn as the last anchors. Liquidity appears as an eligible liquid assets ratio of 17.2% and advances to stable resources of 77.0% — not the internationally comparable ratios. The FY2025 dividend of AED 0.63 per share, recommended on 27 January 2026 and approved on 2 March, shows AED 1.267bn paid, without an exact payment date. No price or portfolio view is offered.
How to read this bank without mixing scopes
These are verification questions, not performance conclusions. Every future value must retain its bank or group perimeter, period, currency, unit and document locator.
Separate the bank, Islamic window and insurance subsidiary
- Keep RAKislamic disclosures inside their stated window and do not add them again to consolidated bank values.
- Keep RAK Insurance results inside the consolidated group but outside banking regulatory ratios.
- Align asset quality, liquidity and capital to the exact bank perimeter and reporting date.
How to read this bank's finances
Numerical values remain in the separate source-document checkHow this bank earns money
RAKBANK combines conventional banking with the RAKislamic window, while RAK Insurance sits inside the consolidated group but outside the banking regulatory perimeter. Read each layer before combining any group result.
Five questions that connect the income statement and balance sheet
1. What finances customers?
Start with customer lending or financing, investments and liquid assets. Growth is meaningful only after checking the reporting perimeter, currency, segment and whether an acquisition changed the comparison base.
2. Where does income come from?
Read the conventional bank and its Islamic window as distinct evidence layers. Interest-based lending, Shariah-compliant financing, fees and markets income cannot be blended unless the issuer explicitly reconciles them.
3. What is happening to credit quality?
Read non-performing exposures, impairment, coverage and cost of risk together on the same date. A lower problem-loan ratio can reflect repayments, write-offs, restructuring or denominator growth—not only better underwriting.
4. How is the bank funded and protected?
Compare customer deposits or equivalent funding with market borrowing, sukuk or bonds. Then read liquidity and regulatory capital on their official basis; accounting equity is not a substitute for regulatory capital.
5. Can returns and distributions persist?
Reconcile net profit to recurring income, operating costs, impairment, tax and one-offs. ROE, dividend capacity and growth need compatible periods and capital bases; a declared distribution is not the same as a sustainable payout.
Official-source snapshot
What the company does and where to verify it
A manually reviewed, paraphrased snapshot from issuer and official market records. Each field keeps its exact source and verification date.
No public snapshot has passed this separate review yet.
Official website, investor-relations, market-record and public contact fields remain unavailable here until their exact source, current value and reuse boundary are reviewed. Nothing is inferred from aggregators or another company.
Bank analytical model
The metrics below define the correct analytical lens for this business model. They contain no company values: a value appears only after official-document provenance and editorial verification.
- P/B and ROE
- Price-to-book must be read together with return on average equity and the same reporting scope.
- NIM
- Net interest or financing margin on the issuer-disclosed average earning-asset basis.
- NPL ratio
- Non-performing loans or financing divided by the disclosed gross credit exposure.
- Provision coverage
- Credit-loss allowances relative to non-performing exposure, preserving collateral and write-off policy.
- CASA
- Current and savings accounts as a share of customer deposits on the issuer-reported basis.
- Cost of risk
- Credit impairment charge divided by the disclosed average loan or financing base.
- CET1 and capital adequacy
- Regulatory capital ratios reported for the stated entity, date and supervisory basis.
What changed
Full company chronologyVerified company activity
Only exact-security activity that passes the automatic source, locator, date and localization gates is shown. Exceptions remain unpublished. Each date keeps its lifecycle meaning.
No linked activity currently passes every public source-document check.
Sources
Identity evidence
- Identity evidence
- Exchange-hosted evidence
- Identity record checked
- 2026-08-10
- Evidence host
- www.adx.ae
Research collections
This company appears in the dated public collections below. Membership describes coverage and evidence context; it is not a ranking or recommendation.
ADX companies
Public profiles with canonical exchange ADX.
- Membership version
- v1
- Effective from
Full public company reviews
Public profiles with a complete source-linked review currently visible to every reader.
- Membership version
- v1
- Effective from
Identity revalidation due
Dated public identity checks earlier than 18 August 2026; this does not assert current listing status.
- Membership version
- v1
- Effective from
Dubaist · Free / Premium
Research products
Open this company's free source-linked fundamental-review preview or compare coverage packs and ongoing monitoring. Coverage is not an investment ranking.
More companies in this sector
Explore factual peers using the same sector lens. Order is directory-based, not a ranking or recommendation.
Dubai Financial Market
Government-controlled market-infrastructure group operating DFM, Dubai Clear, Dubai CSD and 67% of Nasdaq Dubai. It earns trading commissions, clearing/settlement/depository, brokerage, listing, market-data and other fees plus investment/dividend income on deposits, sukuk and strategic assets. Economics depend on ADTV/trades, listings, investor participation, fee schedules, profit rates, technology/settlement resilience and the strict separation of MyAccount/iVESTOR/CCP obligations from shareholder liquidity.
- Market activity or AUM
- Fee revenue mix
- Client asset segregation
Al Ansari Financial Services
Non-bank transactional financial-services group earning foreign-exchange spreads and commissions from cross-border/domestic remittances, retail/wholesale currency exchange, UAE WPS salary processing, bill collection, prepaid travel cards, corporate payments and digital wallet services; CashTrans transports/processes cash and valuables. BFC adds Bahrain, Kuwait and India operations.
- Market activity or AUM
- Fee revenue mix
- Client asset segregation
Waha Capital
Abu Dhabi investment manager combining proprietary private investments, industrial real estate through Waha Land, and public-markets funds/asset management. It earns fair-value and realised investment returns, dividends and interest, plus recurring management fees and performance fees from third-party and proprietary capital.
- Market activity or AUM
- Fee revenue mix
- Client asset segregation