Founded in 1976. RAKBANK provides retail, commercial, Islamic banking, and treasury services through 18 branches and two electronic banking units in the UAE. In 2025, net income reached $710.5 million, with total assets of $28.6 billion by year-end. The Government of Ras Al Khaimah held a 49.35% stake as of February 2026. In 2025, RAKBANK agreed to sell its merchant acquiring business in the UAE to Network International and enabled crypto trading services for customers.