Rakbank recognized at 2012 Arabian Business Achievement Awards

  • United Arab Emirates: Wednesday, November 21 - 2012 at 09:54
  • PRESS RELEASE

Rakbank was recently chosen as the Bank of the Year by an independent panel of business leaders from the region during the 2012 Arabian Business Achievement Awards. The award celebrates the Bank's outstanding performance and excellence in retail and small business banking amongst banks operating in the country.

"Rakbank is proud to have been selected as the leading bank in the UAE," said Graham Honeybill, Rakbank Chief Executive Officer. "This recognition is a testament to the Bank's successful business strategy, which is championed by the diligence and dedication of our valued staff."

Highlighted by its growing profits, Rakbank managed to stand out in a crowded banking industry by launching trendsetting products and services within a solid lending approach. In addition to its heavy investments in technology and a range of new products and services over the last 12 months, the judges particularly lauded the Bank's continuous support for the small business segment in the UAE.

"Recognizing the importance of small businesses in the local economy, Rakbank's successful strategy ensures flexible financial solutions for businesses in the UAE through innovative products and award-winning customer service," added Honeybill.

Its unwavering commitment to customer service also saw the Bank widen its portfolio of electronic services to complement its branch network and provide the utmost convenience for customers.

"Superior service quality is a cornerstone of the Rakbank experience and we aim to bolster customer convenience by ensuring a Bank presence wherever our modern customer is," concluded Honeybill.

Customers can visit Rakbank's website as a one-stop shop to learn about the bank's products and services, perform their banking transactions, apply for insurance policies, and connect with the Bank via social media or real-time chat.

The Arabian Business Achievement Awards was held in Emirates Towers in Dubai on Monday 19th November. This year's independent panel of judges included Mohamed Almulla from Arab Media Group, Osman Sultan from du, Adel Ali from Air Arabia, Osama Hamdan from Drake and Skull, Dr. Saad Al Barak formerly with Zain, Khalid Samawi from Ayyam Gallery, and Walid Akkawi from ITP.
Rakbank CEO, Graham Honeybill, receiving the Bank of the Year Award 2012.
Rakbank CEO, Graham Honeybill, receiving the Bank of the Year Award 2012.
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