Resume trading on The National Bank of Ras Al Khaimah-RAKBANK shares on 21 Apr 2026

ADXOtherApril 21, 2026View on exchange

AI Summary

Trading of RAKBANK shares resumed on April 21, 2026, following the release of the bank's interim financial results for the first quarter of 2026.
Net profit for the three-month period ended March 31, 2026, rose to AED 1.01 billion, compared to AED 704.5 million in the same period of 2025.

The bank recorded a one-time gain of AED 473 million during the quarter from the completed sale of its merchant acquiring business to Network International LLC.

Total assets grew to AED 107.3 billion as of March 31

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Resume trading on The National Bank of Ras Al Khaimah-RAKBANK shares on 21 Apr 2026