Presents sustainable growth and a fortress balance sheet
The National Bank of Ras Al Khaimah (Rakbank) recently reported its financial results for the first half of 2026
Rakbank remained open for business, maintaining uninterrupted access to services and credit while supporting customers through relief where needed — staying true to our commitment to being a digital bank with a human touch.
Profitability was supported by an industry-leading net interest margin of 3.9%, a CASA ratio of 64.3% and focused execution across the franchise, with results also including the AED 473mn gain on sale of the merchant acquiring business, the bank revealed in a press statement.
Stable, granular funding
Growth across customer lending, investment securities and deposits sustained balance sheet momentum, supported by stable, granular funding and ample liquidity, with ELAR (Eligible Liquid Assets Ratio) at 13.0%.
Asset quality remained resilient, with impaired loans improving to 1.8% from 2.1% year-on-year, supported by disciplined underwriting and one of the highest Stage 3 coverage ratios sector-wide at 85.9%. Capital adequacy stood at 19.3%, well above regulatory requirements.
A diversified franchise, durable revenues and a fortress balance sheet translated into outstanding returns, with ROE (Return on Equity) at 25.2%, up from 22.1%, and ROA (Return on Assets) 3.2%, up from 3.1% in H1-25.
