NATIONAL BANK OF RAS AL KHAIMAH 6.625%-FRN PERPNATIONAL BANK OF RAS AL KHAIMAH 6.625%-FRN PERPNATIONAL BANK OF RAS AL KHAIMAH 6.625%-FRN PERP

NATIONAL BANK OF RAS AL KHAIMAH 6.625%-FRN PERP

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Key terms


Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
6.63% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
Maturity date
Term to maturity

About NATIONAL BANK OF RAS AL KHAIMAH 6.625%-FRN PERP


Sector
Finance
Industry
Major Banks
Home page
Issue date
Jul 9, 2025
ISIN
XS3088653988
FIGI
BBG01VVG9T89
National Bank of Ras Al Khaimah engages in the provision of retail and commercial banking, and treasury services. It operates through the following segments: Retail Banking, Wholesale Banking, Business Banking, and Head Office & Others. The Retail Banking segment engages in incorporating individual customer and certain business current accounts, savings accounts, deposits, credit and debit cards, individual customer loans, and mortgages. The Wholesale Banking segment offers loans, advances, deposits and trade finance to corporate customers and financial institutions. The Business Banking segment incorporates transactions comprising of loans, advances, deposits and trade finance of small and medium-sized enterprises. The Head Office & Other segment comprises Central funding and other support functions including insurance related transactions of Raknic subsidiary. The company was founded on June 15, 1976 and is headquartered in Ras al Khaimah, United Arab Emirates.

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