RAKBank sees UAE business loan demand gaining momentum
Dubai: National Bank of Ras Al Khaimah (RAKBank) has been in the forefront of extending financing to small and medium enterprises (SMEs) in the UAE. The bank is part of various initiatives by Emirates Development Bank, Dubai SME, Khalifa Fund and RAK SME in supporting SMEs and is keen to be part of the post-COVID recovery of this sector of the economy. Speaking to Gulf News, Dhiraj Kunwar, Managing Director of Business Banking at RAKBank said there are clear signs of improving business confidence in the UAE and the bank expects to see a gradual pick up in credit demand supported by strong eco...
Source: gulfnews.com