We’ll get you the funding you need
Take advantage of our PDC discounting to boost your liquidity, secure a finance with us by using your invoices as collateral, or finance your takaful receivables for up to 70%.
Post Dated Cheque Discounting
Finance Against Invoices (FAI)
SME Prime Rate as of 01st May 2023
Effective 1st May 2023, the SME Prime will be revised to 15.50% per annum i.e. from existing rate of 15.00% to 15.50%. Business Finance availed against SME Prime Rate, Facilities which are offered against SME Prime Rate and granted through the Banking Arrangement Letter, or RAKislamic Trade Finance which are offered against SME Prime Rate and granted through the Financing Arrangement Letter duly executed by you will be eligible for this rate revision. All other Terms and Conditions set out for the above shall remain the same and continue to be in force.
At your service
We offer comprehensive Working Capital Finance options through a combination of experienced Relationship Managers and advanced technology with TRADEASSIST.
TRADEASSIST streamlines trade finance transactions and provides a quick, efficient solution for our corporate and business clients. Our dedicated team is always available to assist and support you in your financial endeavours.
For access to TRADEASSIST, visit one of our service desks or call us during business hours, Monday to Friday from 8:00 AM to 6:00 PM.
Please visit our Branch Locator for more information on our operating times.
We’re here to help
Your all-in-one financial partner
Simplify your banking experience with our feature-rich app. From payments to payroll, our comprehensive Banking Solutions provide everything you need to manage your business finances from one secure and easy-to-use platform.
