New RAKBANK Branch to be a welcome addition for large community served by few banks

RAKBANK Moves into Mirdif

Mirdif’s large residential community now has convenient access to banking services, with the opening of a RAKBANK branch right in their neighbourhood. The branch offers the bank’s complete range of services for SMEs and individuals, from accounts, deposits and investment options to credit cards and personal, auto and mortgage loans. Its presence in the area will widen the limited banking options available to the community.

“RAKBANK is constantly looking to expand its branch network to offer convenience and service to customers where they need them,” says Graham Honeybill, General Manager. “Banks generally tend to lean towards commercial districts when it comes to branch distribution, but we identified a real need in the residential area of Mirdif for more banking services to meet residents’ requirements.” 

The branch will not only serve Mirdif residents, but also neighbouring residential areas such as Warqaa, Mizhar and Muhaisnah, which are within very close proximity.  These areas hold a substantial residential community served by relatively few banks at present, forcing many to leave their neighbourhoods and head to the closest commercial centre to get access to banking services.

“The area represents a large number of residents with a good mix of UAE Nationals and expatriates,” adds Honeybill. “And with so many development initiatives in infrastructure and entertainment already in progress in the area, it is expected to become an even more prominent part of Dubai and we expect consistently high footfall in the new branch.”

RAKBANK serves its customers through 26 branches spread across the UAE, complemented by 24-service available through both phone and online banking services. RAKBANK’s Mirdif branch is located within the Central Building next to Mirdif Mosque.

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About RAKBANK

RAKBANK, the National Bank of Ras Al-Khaimah, is a leading retail bank in the UAE, serving 330,000 customers. Founded in 1976, the bank is one of the UAE’s oldest local financial institutions and today one of its fastest growing and most dynamic banks, with assets worth Dh14.5billion.

The bank offers a wide range of personal banking services through its 25 branches and telephone and online banking channels. It is a leading provider of credit cards and was first to introduce the concept of ‘Free for Life’ cards, a facility now adopted by many industry players. It is also a significant player in the mortgage finance and small to medium enterprise business sectors.

Customer service excellence is a cornerstone of the bank’s success, with the bank having been voted in 2008 for four years running as #1 Bank in Customer Service in the UAE Annual Bank Benchmarking Study. 

For more information, visit www.rakbank.ae