Dubai: RAKBANK recently opened a new RAKelite Center that is conveniently located in Dubai’s Business Bay, the heart of the city’s business district. The location of the new RAKelite Center offers RAKBANK’s valued Elite and Wealth Management customers easy and instant access to a wide range of financial solutions as well as their dedicated Relationship Managers.

Through its comprehensive Conventional and Sharia-compliant Islamic Banking services, RAKBANK is considered one of the fastest growing Wealth Management providers across the UAE. Offering a broad range of financial services and solutions that are tailored to meet the specific needs of our customers. At RAKBANK, our Relationship Managers work closely with customers to prepare a personalised plan based on an in-depth review of their financial goals. The opening of the Bank’s latest Elite center further adds to its already extensive list of branches and offices located across the UAE and reinforces its commitment to serve customers. 

Frederic de Melker, Managing Director of Personal Banking at RAKBANK, said: “RAKBANK’s strategy is to constantly offer a combination of both convenient locations and enhanced Digital Banking solutions for a seamless and holistic banking experience, this ensures that the Bank caters to customers across all main locations and channels. The opening of the RAKelite center is in line with the Bank’s plan to expand its network and to explore and develop major Corporate and Individual relationships in the UAE.”

“We recognize that the wealth management customer is always on the lookout for that ‘extra something,’ and this new branch being in a prime location along with additional customization of the banking experience is a roadmap milestone to exceeding such expectations,” commented Kieron Franklin, RAKBANK’s Director of Wealth Management. “We also understand that each customer is unique and requires a personalized approach to meet their needs and aspirations based on their profile, objectives, and lifestyle”, he added.

Peter England, RAKBANK’s CEO said, "Based on our experience and knowledge gained in today’s market, the Bank opened this new Elite center to offer our Wealth Management customers a dedicated and holistic approach focusing on key financial solutions such as an integrated wealth planning, global investment management, consolidated reporting, in addition to access to plenty of lifestyle privileges. RAKBANK is fully committed to placing our customers’ needs first and providing them with highly convenient, secure, and simple banking services.”

For enquiries about RAKBANK’s Elite Banking and Wealth Management Services, please contact 8004048 or email rakelite@rakbank.ae

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About RAKBANK                

RAKBANK, also known as The National Bank of Ras Al-Khaimah (P.S.C), is one of the UAE’s most dynamic financial institutions. Founded in 1976, it underwent a major transformation in 2001 as it rebranded into RAKBANK and shifted its focus from purely corporate to retail and small business banking. In addition to offering a wide range of Personal Banking services, the Bank increased its lending in the traditional SME, Commercial, and Corporate segment in recent years. The Bank also offers Islamic Banking solutions, via RAKislamic, throughout its 27 branches and its Telephone and Digital Banking channels. RAKBANK is a public joint stock company headquartered in the emirate of Ras Al-Khaimah and listed on the Abu Dhabi Securities Exchange (ADX). For more information, please visit www.rakbank.ae or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via twitter.com/rakbanklive and facebook.com/rakbank. 

For media enquiries, please contact: 
RAKBANK
Geraldine Dagher
Geraldine@rakbank.ae 

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