Dubai, UAE: To mark its 50th anniversary, RAKBANK launched the “Women Entrepreneurs” package, a unique and comprehensive package, in celebration of World Micro, Small and Medium Enterprises Day, in a move that confirms its ongoing commitment to empowering women in the business world .

More than just banking services
Launched under the slogan "Empowering Women to Start, Grow, and Expand with Confidence," the package reflects the growing role of women entrepreneurs in the UAE economy and the need for solutions that support them at every stage of their entrepreneurial journey. From managing day-to-day operations and securing funding to accessing essential business services, women entrepreneurs need support that goes beyond traditional banking . Through this package, RAKBANK combines best-in-class business banking solutions, practical corporate management tools, financial protection, and community support within an integrated system designed to simplify banking processes, reduce complexities, and empower women entrepreneurs to confidently grow their businesses .

Limited time offer
To mark the launch of the package, female entrepreneurs who activate their accounts before December 10, 2026 can benefit from the Women Entrepreneurs Package for free for 12 months, subject to terms and conditions .
What does the package include?
1. Integrated digital banking foundation

• Business account with no minimum balance, available in both Islamic and traditional formats.
• The ability to deal in multiple currencies including the UAE dirham, US dollar, euro and British pound.
• Opening an account digitally within 48 hours allows for faster business launch and seamless access to banking services .

2. Everyday Business Management Tools

• Payroll services approved through the Wage Protection System ( WPS ).
• Payments via QR code are supported through the AANI instant payment platform.
• Free access to a cloud-based application for up to four users, enabling management of accounting, banking, payroll and VAT from a single platform.

3. Financial advantages and cost savings

• Four free international transfers per month .
• Preferential exchange rates for the US dollar .
• Full exemption from monthly maintenance fees for 12 months to support companies in their early stages .

4. Integrated protection in cooperation with RAK Insurance Company

• Basic insurance and takaful coverage includes :
  • Work injury compensation coverage (including employer liability) .
  • Public liability coverage up to one million UAE dirhams .

5. A supportive community and opportunities for learning and growth
In addition to banking services, the package extends to capacity building and engagement with the business community through :

• Opportunities for learning and business development in areas such as artificial intelligence, leadership, pricing, cash flow and liquidity management, marketing, and business growth .
• Opportunities to network, build professional relationships, and exchange knowledge with system partners and industry experts .
• Get a discount of 1,500 dirhams on annual membership to CrunchMoms , a community that connects female entrepreneurs with inspiring, expert, and professional women, along with new opportunities for networking and growth .
• A free session to assess personal financial needs to help female entrepreneurs align their personal financial goals with their business ambitions .
  

Who is eligible for this offer?
The Women Entrepreneurs Package is designed specifically for new female clients of the National Bank of Ras Al Khaimah who are entrepreneurs operating as sole proprietorships or single-person limited liability companies .

How to apply for the offer
Eligible female entrepreneurs can apply by visiting the bank's website at quickapply.rakbank.ae and selecting the RAKStarter Account.

Commenting on this, Vishal Shah, General Manager and Head of Business Banking at RAKBANK, said: “For over 50 years, RAKBANK has supported more than 250,000 small and medium-sized enterprises in the UAE, helping business owners turn their ambitions into tangible achievements, and today we are proud to serve more than 20,000 women-led businesses.”

He added: “Women entrepreneurs are playing an increasingly important role in shaping the future of the UAE economy and are actively contributing to strengthening the national entrepreneurship agenda. Access to the right support system makes a real difference in enabling them to reach their full potential . Understanding the needs of entrepreneurs has always been the foundation upon which we design and develop our offerings, reinforcing our position as the trusted and preferred financial partner for SMEs in the UAE. Through the Women Entrepreneurs Package, we embody the concept of ‘digital with a human touch’ by combining seamless digital banking services, a relationship-based financial partnership, and access to an integrated system of partners and experts.”

An overview of the National Bank of Ras Al Khaimah

At Ras Al Khaimah National Bank (RAKBANK), we believe that banking should be simple, human, and helpful. This is the approach we take every day.

Since our founding in 1976, we have been accompanying individuals and businesses across the UAE on their journey to success, providing them with the tools, support, and confidence they need to turn their ambitions into reality. We started as a small community bank and have grown into one of the most dynamic and innovative financial institutions in the country. What has never changed is our unwavering belief that banking exists to serve people, not the other way around.

Today, we are leading a new chapter in our journey, combining smart digital innovation with genuine human connection – a concept we call Digital with a Human Touch. We serve our customers across all sectors through our three groups: Retail Banking ( PBG ), Business Banking ( BBG ), and Corporate and Institutional Banking ( WBG ). As the preferred bank for SMEs in the UAE, we continue to support thousands of businesses in achieving growth and prosperity through seamless and integrated digital banking solutions.

Our portfolio also includes Skiply, the region’s leading platform for school payments, Protego, the next-generation digital insurance platform, and RAK Insurance, one of the most trusted insurance companies in the country; all of which are integrated into a comprehensive system that makes our customers’ lives easier and safer.

From empowering entrepreneurs and small and medium-sized enterprises, to launching the first digital currency trading service for individuals in the UAE, and including our AI-powered digital assistant "Ray," we continue to shape the future of banking, while preserving its core essence: the human being.

RAK Bank — Digital with a human touch.

For more information, please visit the website www.rakbank.ae .

You can also contact RAKBANK via social media platforms:

X.com/rakbanklive

Instagram.com/rakbank

tiktok.com/@rakbank

linkedin.com/company/rakbank

Contact point for journalists:

Gambit Public Relations Company

Suzanna Saud

Deputy Director of Public Relations

suzana@gambit.ae

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