RAKBank recorded a strong financial performance in the first nine months of 2025, posting an after-tax profit of Dh2.1 billion, representing a 23% increase year-on-year.
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RAKBank recorded a strong financial performance in the first nine months of 2025, posting an after-tax profit of Dh2.1 billion, representing a 23% increase year-on-year.
RAKBank recorded a strong financial performance in the first nine months of 2025, posting an after-tax profit of Dh2.1 billion, representing a 23% increase year-on-year. The bank’s assets rose 19% to Dh99.5 billion, supported by a 10% growth in loans and advances and a 15% increase in deposits to Dh65.6 billion.
The bank achieved a net interest margin of 4.3%, alongside robust non-interest income fueled by wealth management, foreign exchange, and trading activities. RAKBank also strengthened its credit quality, as reflected in the improved impaired loan ratio which declined to 1.7% from 2.2% a year earlier. Its capital adequacy ratio stood at a healthy 19.6%, well above regulatory requirements.
Key to this growth was RAKBank’s ongoing expansion and new product rollouts, including pioneering initiatives such as crypto brokerage services and escrow solutions, which have broadened the bank’s revenue streams and customer base.
RAKBank’s leadership emphasized the balanced progress in profitability, asset growth, and innovation as a foundation for continued success in a dynamic banking environment.
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