Register | Forgot password?
Switch to Arabic
Sunday, November 29 - 2009

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.

Shareholding Groups

Individuals N/A
Institutions N/A
Floating N/A
Government 50%

Board Members (Listed in alphabetical order)

Stock Performance

RAK Bank Stock Performance

Market Information

Stock UAE Index
Last Closing AED 80 5339.64
YTD % 5.26% 81.7%
Weekly % 0% -0.08%
Year High AED 80 5771.11
Year Low AED 76 2938.78
52 Week High AED 80 5771.11
52 Week Low AED 74 1639.31
BETA 1.323
Outstanding Shares 34,375,000
Market Cap AED 2,750,000,000
Market Cap in $ USD $748,727,164
% of UAE Market 0.47%
% of Sector 0.88%
Rank by Cap 31

Key Figures in '000 AED

2003 2002 2001
Total Assets 3,755,062 2,930,383 2,423,529
Shareholder's Equity 647,930 578,655 540,836
NIAT 95,055 75,484 60,252
Dividends 30,250 25,000 37,500

Financial Ratios

2003 2002 2001
Assets Growth 28.14% 20.91% 29.89%
Earning Growth 25.93% 25.28% 20.42%
ROaA 2.84% 2.82% 2.81%
ROaE 15.50% 13.49% 11.38%
No. Of Shares 27,500,000 25,000,000 25,000,000
EPS 3.46 3.02 2.41
EPS Growth 25.93% 25.28% 20.42%
Payout Ratio 31.824 33.12 62.239

Valuation Ratios

Trailing
PE 28.93
PB 4.24
DVPS 0.88
Div Yield 1.10%
EV 1,500,675.00
EV/Equity 2.32
Powered by SHUAA Capital

The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.

The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AMEinfo.com as to the accuracy or completeness of the information contained herein.

All opinions expressed herein are subject to change without notice.

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.

© SHUAA Capital PSC. All rights reserved.