Rakbank opens new branch in Al Rolla, Sharjah

Strategically located in the heart of the vibrant Al Rolla area in Sharjah, the large branch aims to serve neighboring residents and the many small businesses located in the vicinity.

"Rakbank's strategy aims to establish a strong presence in all the country's emirates," said Graham Honeybill, Rakbank Chief Executive Officer. "In Sharjah, the new Al Rolla branch is an addition to our other two branches in King Faisal Street and Sharjah Industrial Area to ensure that the Bank is available to customers in the emirate's most bustling neighborhoods."

The new branch caters to nearby enterprises and start-ups in one of the city's most prominent locations for small businesses. The range of financial solutions available to business customers includes Rakbank's unique interest-bearing current account, which conveniently requires a low minimum balance. Companies demonstrating a solid business model can also take advantage of the Bank's collateral-free business finance loans plus flexible trade and working capital solutions.

In addition, the new branch will offer a wide range of conventional personal banking services to individuals, including Rakbank account, deposit and investment options as well as personal, auto and mortgage loans, and a suite of debit, credit, and prepaid cards. All customers can enjoy the Bank's complementing electronic channels for a faster and more convenient banking experience through Online Banking, Mobile Banking, Rakbank Direct, and Phone Banking.

"Even with a wide portfolio of electronic solutions, Rakbank's strategy maintains a strong commitment to brand visibility," added Honeybill. "The Bank continues to reinforce its physical presence to support its continuous drive to deliver the highest level of service across all its contact channels with customers."

With the addition of Al Rolla branch to its network, Rakbank serves its customers today through a total of 33 branches and 200 ATMs located across the UAE.