Dubai, UAE, March 31st, 2026: – Further to Moody’s upgrade of RAKBANK’s outlook to Positive in 2025, Moody’s Ratings has concluded its latest periodic review (rating committee held on 18 March 2026), reaffirming the Bank’s key ratings and maintaining the Positive outlook. RAKBANK’s Baa1 long-term deposit rating and baa3 Baseline Credit Assessment (BCA) have been affirmed, … Continue reading RAKBANK’s Credit Ratings Reaffirmed by Moody’s with Positive Outlook Maintained

Dubai, United Arab Emirates, March 26th, 2026: Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed following all required approvals from the Central Bank of the UAE. As part of the partnership, Network will provide its state-of-the-art payment solutions to … Continue reading RAKBANK and Network International Complete Merchant Acquiring Transaction in the UAE

Dubai, United Arab Emirates, July 10, 2024 – RAKBANK and Microsoft, as part of their ongoing collaboration, will be leveraging the power of artificial intelligence (AI) to transform various facets of operations at the bank. The intent was formalized through a memorandum of understanding (MoU) signed by Raheel Ahmed, Group CEO of RAKBANK, and Naim Yazbeck, … Continue reading RAKBANK to Transform AI Applications in Banking Operations supported by Microsoft