RAK Bank
| Name | RAK Bank | |
| Sector | Finance & Insurance - Commercial Banks | |
| Trading | ADX | |
| RIC Code | RAKB.AD | |
| Location | UAE |
Profile and Background
National Bank of Ras el Khaimah was incorporated in the UAE with limited liability on 15 June 1976 under a decree issued by Sheikh Saqr Bin Mohamed al Qassimi, ruler of Ras el Khaimah. The bank is registered as a public joint stock company in accordance with the UAE commercial companies law 1984 as amended.
It started its operations in March 1978. The Bank was rated BBB- in Dec - 1999 by Capital Intelligence.
It started its operations in March 1978. The Bank was rated BBB- in Dec - 1999 by Capital Intelligence.
Shareholding Groups
| Individuals | N/A |
| Institutions | N/A |
| Floating | N/A |
| Government | 50% |
Board Members (Listed in alphabetical order)
| Director | Abdul Aziz Abdulla Al Zaabi |
| Director | Essa Ahmed Abu Shuraijah Al Neaimi |
| Director | H.E. Sheikh Omar Saqr Al Qassimi |
| Director | H.E. Sheikh Salim Sultan Al Qassimi |
| Director | H.E.Sheikh Omar Abdulla Al Qassimi |
| Chairman | H.H. Sheikh Khalid Saqr Al Qassimi |
| Director | Hamad Abdul Aziz Al Sagar |
| Director | Salim Ibrahim Darwich |
Stock Performance
Market Information
| Stock | UAE Index | |
| Last Closing | AED 7.1 | 5063.31 |
| YTD % |  0.235% |  -0.29% |
| Weekly % |  0% | -1.92% |
| Year High | AED 7.35 | 5418.77 |
| Year Low | AED 6.31 | 4472.14 |
| 52 Week High | AED 7.35 | 5418.77 |
| 52 Week Low | AED 5 | 3504.54 |
| BETA | -1.5672 | |
| Outstanding Shares | 740,025,000 | |
| Market Cap | AED 5,254,177,500 | |
| Market Cap in $ | USD $1,430,486,659 | |
| % of UAE Market | 0.62% | |
| % of Sector | 1.80% | |
| Rank by Cap | 32 |
Key Figures in '000 AED
| 2005 | 2004 | 2003 | |
| Total Assets | 7,346,018 | 5,216,143 | 3,755,062 |
| Shareholder's Equity | 1,013,588 | 798,333 | 647,930 |
| NIAT | 185,255 | 129,228 | 95,055 |
| Dividends | N/A | N/A | 37,813 |
Financial Ratios
| 2005 | 2004 | 2003 | |
| Assets Growth | 40.83% | 38.91% | 28.14% |
| Earning Growth | 43.36% | 35.95% | 25.93% |
| ROaA | 2.95% | 2.88% | 2.84% |
| ROaE | 20.45% | 17.87% | 15.50% |
| No. Of Shares | 34,375,000 | 34,375,000 | 34,375,000 |
| EPS | 5.39 | 3.76 | 2.77 |
| EPS Growth | 43.36% | 35.95% | 25.93% |
| Payout Ratio | N/A | N/A | 39.78 |
Valuation Ratios
| Trailing | |
| PE | 28.36 |
| PB | |
| DVPS | N/A |
| Div Yield | N/A |
| EV | 378,125.00 |
| EV/Equity | 0.37 |
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