RAKBANK Named Best Credit Card Issuer in the Region

RAKBANK is pleased to announce that its Credit Cards have been awarded the title of “Best Credit Card” in the entire Middle East and North Africa region by popular vote in The Banker Middle East Product Awards 2011, an awards program open to banks and financial institutions in the region.

Based on popular vote by subscribers to the Banker Middle East and its sister publications, the awards recognize outstanding performance and excellence in products and services in retail banking, business banking, and the institutional arena. RAKBANK was chosen among nine nominated banks from the UAE and the region as the number one provider of credit cards.

“RAKBANK is delighted to be at the forefront of the region’s credit card market,” said Graham Honeybill, RAKBANK’s CEO.  “This award affirms our dedication to provide our valued customers with competitive products and award-winning customer service, to establish long-term relationships built on satisfaction, innovation and loyalty.”

By providing benefits and exclusive features, the Bank’s Credit Cards have managed to differentiate themselves from the rest of the market over the years. Today, RAKBANK has become synonymous with a host of highly competitive card benefits including ‘No annual fee ever’, CashBack on local and international retail purchases, free purchase protection, a wide range of dining and discount programs, and a chance to win a million dirhams on select cards.

In addition to a range of RAKBANKVisa and MasterCard credit cards, the Bank has partnered with Geant to launch the RAKBANK Geant La Carte Credit Card to extend La Carte redeemable points that may be used at Geant or Le Marche. The RAKBANK nmc MasterCard is another one of the Bank’s co-branded cards that offers a range of discounts on medical treatments from the nmc healthcare conglomerate.

RAKBANK offers a total of six credit cards and two debit cards, and has recently introduced two Prepaid Cards, RAKBANK Bling and RAKBANK Loaded. RAKBANK Credit and Prepaid Cardholders can now take advantage of the Bank’s recent venture with www.smartshop.ae, an exclusive online shopping site offering movie releases, books, and games exclusively for Bank customers.

- Ends –

About RAKBANK

RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a leading retail and small business bank in the UAE, serving over 400,000 customers. Founded in 1976, the Bank is one of the country’s oldest local financial institutions and today one of its fastest growing, most dynamic banks and a major player in the personal banking and small business sectors in the UAE.

The Bank offers a wide range of personal and banking services through its 30 branches and telephone and online banking channels. It is a leading provider of credit cards and a prominent player in mortgage finance and small to medium enterprise finance.

Customer service excellence is a cornerstone of the Bank’s success, with the bank having been voted in 2010 for five years running as #1 Bank in Customer Service in the UAE Annual Bank Benchmarking Study. For more information, you can visit www.rakbank.ae or contact the Call Centre at +9714 213 0000. You can also connect to RAKBANK via twitter.com/rakbankliveandfacebook.com/rakbank.