The National Bank of Ras Al-Khaimah (P.S.C.)

ADX:RAKBANK Stock Report

Market Cap: د.إ12.4b

National Bank of Ras Al-Khaimah (P.S.C.) Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Raheel Ahmed

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure2.9yrs
CEO ownershipn/a
Management average tenure5.8yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?

Jan 03
Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?

Here's Why We Think National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Might Deserve Your Attention Today

Aug 28
Here's Why We Think National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Might Deserve Your Attention Today

Does National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Deserve A Spot On Your Watchlist?

Nov 27
Does National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Deserve A Spot On Your Watchlist?

Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?

Aug 01
Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?

National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Upcoming Dividend Will Be Larger Than Last Year's

Mar 23
National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Upcoming Dividend Will Be Larger Than Last Year's

National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Dividend Will Be Increased To د.إ0.23

Feb 17
National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Dividend Will Be Increased To د.إ0.23

National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Is Increasing Its Dividend To د.إ0.23

Feb 03
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Is Increasing Its Dividend To د.إ0.23

If You Had Bought National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Shares Five Years Ago You'd Have A Total Return Of Negative 3.5%

Mar 01
If You Had Bought National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Shares Five Years Ago You'd Have A Total Return Of Negative 3.5%

Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) A Good Dividend Stock?

Jan 17
Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) A Good Dividend Stock?

Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Popular Amongst Insiders?

Dec 12
Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Popular Amongst Insiders?

CEO

Raheel Ahmed

2.9yrs

Tenure

Mr. Raheel Ahmed served as Non Independent Non-Executive Director at Ras Al Khaimah National Insurance Company P.S.C. since 2023 until 2024 and served as its Director since April 2022 until 2024. He serves...

Leadership Team

NamePositionTenureCompensationOwnership
Raheel Ahmed
Group Chief Executive Officer2.9yrsno datano data
Mohammad Nini
Group Chief Financial Officer1.3yrsno datano data
Michael Power
Group Chief Operating Officerno datano datano data
Saket Saith
Group Chief Technology & Data Officerno datano datano data
Venkat Raghavan
Group Chief Compliance Officerno datano datano data
Ghalia Bushnaq
Group General Counselno datano datano data
Ahmed Yousef
Group Chief Human Resources Officer5.8yrsno datano data
Mahadevan Radhakanthan
Chief Credit Officer8yrsno datano data
Vikas Suri
Managing Director of Wholesale Banking Group Productsno datano datano data
Dhiraj Kunwar
Managing Director of Business Banking8yrsno datano data
Jean Le Roux
Managing Director of Wholesale Banking Group Coverage6.7yrsno datano data
Nicola Thompson
Group Chief Internal Auditor5.8yrsno datano data

5.8yrs

Average Tenure

Experienced Management: RAKBANK's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Abhijit Choudhury
Independent Non-Executive Directorno datano datano data
Jonathan Morris
Independent Non Executive Director1.9yrsno datano data
Salem Ali Abdulla Al Sharhan Al Nuaimi
Independent Non Executive Director12.8yrsno datano data
Mohamed Alshamsi
Independent Non-Executive Chairmanless than a yearno datano data
Shaikha Alqasimi
Independent Non Executive Vice Chairman7yrsno datano data
Stephen Monaghan
Independent Non-Executive Director2.9yrsno datano data
Mohammed Aljallaf
Independent Non-Executive Directorno datano datano data
Debra Ward
Independent Non-Executive Directorno datano datano data
Abdulla Al Qassimi
Independent Non-Executive Directorno datano datano data

2.9yrs

Average Tenure

Experienced Board: RAKBANK's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 00:27
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The National Bank of Ras Al-Khaimah (P.S.C.) is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Ryan AyacheDeutsche Bank
Elena Sanchez-CabezudoEFG-Hermes Research