RAKBANK, also known as the National Bank of Ras Al Khaimah is one of the oldest and most dynamic banks in the UAE. Founded in 1976, the Bank underwent a major transformation in 2001, with a shift in focus from Corporate Banking to Personal and Business Banking. Today, the Bank offers a wide range of personal and business banking services throughout its 38 branches . It also offers Sharia-compliant personal and business banking services via its Islamic Banking unit, RAKislamic.