The National Bank of Ras Al Khaimah

Logotype for The National Bank of Ras Al Khaimah
Ticker/ISIN
RAKBANK
AEN000601015
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
5.25 AED
2024-02-20

Year to date

-0.01 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

Latest Pressrelease Summaries

The National Bank of Ras Al-Khaimah (P.S.C.) has released its review report and condensed consolidated interim financial information for the period from 1 January 2024 to 30 June 2024.
Resolution No. 418 of 2024 announced the temporary suspension of trading on the shares of The National Bank of Ras Al Khaimah (RAKBANK). The suspension is due to coincide with the bank's AGM, scheduled for 10:00 on the 13th of June, 2024. Trading on RAKBANK shares will be suspended from this time until the ADX receives the AGM results. The resolution instructs all department heads in ADX to execute this decision in their respective fields and circulate the resolution to the Securities and Commodities Authority (SCA), the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by the authorized person and issued on 22/05/2024.
The National Bank of Ras Al Khaimah (P.S.C.) has invited its shareholders to a General Assembly Meeting on Thursday, 13th June 2024 at 10:00am. The meeting can be attended in person or virtually. The agenda includes authorizing the Chairman to appoint the meeting's Secretary and Vote Collector, issuing new regulatory capital securities to strengthen the Bank's capital adequacy ratio, undertaking any liability management exercise with respect to the issued securities, preparing and entering into necessary finance agreements, and authorizing the Board of Directors to determine the timing of the issuances and implement special resolutions adopted by the general assembly.
The National Bank of Ras Al-Khaimah (P.S.C) has called for a General Assembly meeting on 7th May 2024, post 3:00 pm. The purpose of the meeting is to seek shareholders' approval for the issuance of capital and/or debt instruments, subject to obtaining all necessary regulatory approvals. The exact date and time for the General Assembly Meeting will be determined. The information was conveyed by Group Chief Financial Officer, Jaffer Nini.
The text is about a review report and condensed consolidated interim financial information for The National Bank of Ras Al-Khaimah (P.S.C.) from January 1, 2024 to March 31, 2024.

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News Update From The National Bank of Ras Al Khaimah

Disclosures: Announcement In Relation to Receiving Nominations for the Membership of the Board of Directos' of The National Bank of Ras Al Khaimah (P.S.C.) (“ the Bank”)

The National Bank of Ras Al Khaimah (P.S.C.) is accepting nominations for its Board of Directors from 15th to 24th January 2024. Interested shareholders can submit applications, including their resumes and desired membership capacity. The board will expand from seven to nine members, pending approval at the Annual General Assembly Meeting (AGM). Candidates must meet requirements according to Federal Law and the Bank's Articles of Association. After the nomination period, candidates cannot transfer their nomination to another person. All nominations require a No-Objection from the Central Bank of the United Arab Emirates. The list of candidates will be published on the Bank's and ADX's websites two days before the AGM. Approved nominees will be voted on at the AGM. Applications must be submitted by 5:00pm UAE time on 24th January 2024.

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ADX News

ADX News

News Update From The National Bank of Ras Al Khaimah

Disclosures: The National Bank of Ras Al Khaimah (P.S.C) - Board of Directors Nomination Announcement

The National Bank of Ras Al Khaimah has announced that it will begin accepting nominations for its Board of Directors from January 15 to January 24, 2024. Any shareholder who meets the criteria for board membership can apply. The board will expand from seven to nine members, pending approval at the Annual General Assembly Meeting (AGM). Candidates must comply with various Federal Laws and Regulations, and all nominations require a No-Objection from the UAE Central Bank. No nominations will be accepted after the nomination period. The list of candidates will be made public two days before the AGM, and approved candidates will then be presented to the AGM for final voting and appointment. Applications must be submitted by 5:00pm UAE time on January 24, 2024.

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ADX News

ADX News

News Update From The National Bank of Ras Al Khaimah

Disclosures: The National Bank of Ras Al Khaimah Board Meeting Results held on 14/12/2023 at 09:00

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ADX News

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News Update From The National Bank of Ras Al Khaimah

Disclosures: The National Bank of Ras Al Khaimah Announcement of Board Meeting to be held on 14/12/2023 at 09:00

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ADX News

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News Update From The National Bank of Ras Al Khaimah

Disclosures: Moody's reaffirms RAKBANK's rating at Baa1/P-2, outlook stable

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ADX News

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News Update From The National Bank of Ras Al Khaimah

Disclosures: Fitch Affirms National Bank of Ras Al Khaimah at BBB+;Outlook Stable

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ADX News

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News Update From The National Bank of Ras Al Khaimah

Disclosures: RAKBANK - Appointment of Chief Financial Officer

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News Update From The National Bank of Ras Al Khaimah

Disclosures: The National Bank of Ras Al Khaimah Board Meeting Results held on 26/10/2023 at 09:00

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News Update From The National Bank of Ras Al Khaimah

Disclosures: The National Bank of Ras Al Khaimah Press Release on the Financial Results for the Period Ended September 30,2023

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ADX News

ADX News

News Update From The National Bank of Ras Al Khaimah

Disclosures: The National Bank of Ras Al Khaimah Management Discussion and Analysis Report for the Period Ended September 30,2023

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