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Mar 04 2010

RAKBANK Customers Click their Way to Higher Returns

RAKBANK Customers Click their Way to Higher Returns
F@st S@ver Account Open to Existing and New Customers

With the launch of RAKBANK 's new F@st S@ver Account, earning high returns on savings is now a click away for Bank customers.

F@st S@ver Account is an online-only savings account open to both existing Bank customers as well as new customers. In addition to offering attractive returns on savings, F@st S@ver also enjoys the perks of a simple and hassle-free online experience, giving customers the opportunity of opening the account without the need to visit the Bank's branches.

" RAKBANK is constantly looking at opportunities to offer customers new banking solutions and enhance their overall experience," said Graham Honeybill, RAKBANK General Manager. "With more customers using availing online services, the Bank is offering customers the F@st S@ver Account to combine both banking convenience as well as excellent returns on savings."

Staying true to its customer-centric approach, RAKBANK has been expanding its online services to complement its existing communication channels and ensure that the Bank remains responsive to customer feedback. By revamping its website and launching a presence on Twitter, RAKBANK is constantly working at providing customers with a more holistic banking experience and maintaining the Bank's high benchmark in service quality.

The F@st S@ver account, which is available in both the dirham and dollar currency, offers its customers attractive features including an interest rate of 3% on AED accounts and 1.5% on USD accounts. In addition, the account requires no minimum balance and maintenance charges for eligible customers and offers customers a Free Debit Card with the opening of the account.

RAKBANK also offers a range of conventional savings accounts for its customers including RAKsave, which offer attractive interest rates, a free Debit Card, and convenient fund transfer between accounts.

-Ends-

About RAKBANK
RAKBANK , also known as the National Bank of Ras Al-Khaimah, is a leading retail bank in the UAE, serving 340,000 customers. Founded in 1976, the bank is one of the country's oldest local financial institutions and today one of its fastest growing most dynamic banks and a major player in the personal banking sector in the UAE.

The bank offers a wide range of personal banking services through its 27 branches and telephone and online banking channels. It is a leading provider of credit cards and a prominent player in mortgage finance and small to medium enterprise finance.

Customer service excellence is a cornerstone of the bank's success, with the bank having been voted in 2009 for four years running as #1 Bank in Customer Service in the UAE Annual Bank Benchmarking Study. For more information, visit www.rakbank.ae or contact the Call Centre at +9714 213 0000.

Media Contacts:
Lamis Daoud,
Dir Tel: 971 4 2915055,
mobile: +971 50 597 3247,
email: lamis.daoud@rakbank.ae

© Press Release 2010


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