Dubai: The National Bank of Ras Al Khaimah (RAKBANK) reported a 26 per cent increase in net profit for the year ended 2025, with earnings after tax reaching Dh2.6 billion, supported by strong growth in deposits, lending activity and non-interest income.
The UAE lender said total assets rose 19 per cent year on year to Dh105 billion, pushing its balance sheet past the Dh100 billion mark for the first time. Customer deposits increased 18 per cent to Dh70.5 billion, while gross loans and advances climbed 11.7 per cent to Dh56 billion during the year.
Profitability ratios improved alongside balance-sheet growth. Return on common equity rose to 20.2 per cent from 18.4 per cent a year earlier, while return on assets increased to 2.8 per cent from 2.6 per cent. The bank reported a net interest margin of 4.3 per cent and a CASA ratio of 65 per cent.
Non-interest income rose 29 per cent year on year, driven primarily by higher contributions from wealth management, foreign exchange and investment income. RAKBANK said the diversified income stream helped offset market volatility and supported overall earnings momentum.
The bank added that its balance sheet expanded by Dh16.7 billion over the year, reflecting stronger lending demand and steady deposit inflows. During 2025, RAKBANK launched several new offerings, including wealth products, enhanced SME payment solutions, crypto brokerage services and corporate escrow facilities.
Asset quality improved over the period, with the impaired loans ratio declining to 1.9 per cent from 2.2 per cent a year earlier. The capital adequacy ratio stood at 18.1 per cent, remaining comfortably above regulatory requirements.
RAKBANK also increased investments in technology, people, infrastructure and premises by 20 per cent year on year, as part of its strategy to support long-term growth and operational resilience.
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