National Bank of Ras Al-Khaimah PSC 2022 IR
The report highlights RAKBANK's strong financial recovery in 2022, with net profit increasing by AED 405.1 million year-on-year to AED 1,163.4 million. The bank refreshed its multi-year strategy to focus on digital innovation, diversifying revenue streams, and enhancing customer experience. RAKBANK also made significant progress in its ESG commitments, including reducing direct electricity consumption to 21,144 million kWh and increasing the Emiratisation ratio to 19%. Additionally, the bank launched its first digital branch with an Interactive Teller Machine and expanded its green loan portfolio.
Company: National Bank of Ras Al-Khaimah PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 262
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National Bank of Ras Al-Khaimah PSC
Integrated Annual Report
The report highlights RAKBANK's strong financial recovery in 2022, with net profit increasing by AED 405.1 million year-on-year to AED 1,163.4 million. The bank refreshed its multi-year strategy to focus on digital innovation, diversifying revenue streams, and enhancing customer experience. RAKBANK also made significant progress in its ESG commitments, including reducing direct electricity consumption to 21,144 million kWh and increasing the Emiratisation ratio to 19%. Additionally, the bank launched its first digital branch with an Interactive Teller Machine and expanded its green loan portfolio.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Feb 13, 2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees