RAKBANK’s Credit Ratings Reaffirmed by Moody’s with Positive Outlook Maintained

Further to Moody’s upgrade of RAKBANK’s outlook to Positive in 2025, Moody’s Ratings has concluded its latest periodic review (rating committee held on 18 March 2026), reaffirming the Bank’s key ratings and maintaining the Positive outlook.

RAKBANK’s Baa1 long-term deposit rating and baa3 Baseline Credit Assessment (BCA) have been affirmed, reflecting the Bank’s continued strong performance, disciplined execution and resilience across its core businesses.

The reaffirmation underscores the sustained progress RAKBANK has made over the past year in strengthening its financial profile, maintaining asset quality and delivering diversified growth across retail, business and wholesale banking segments.

Moody’s continued Positive outlook reflects the Bank’s improving earnings quality, stable funding profile and solid capital position, supported by a well-balanced business model and consistent execution of its strategic priorities.

RAKBANK remains well-positioned to build on this momentum, supported by its strong liquidity, prudent risk management and ongoing focus on delivering sustainable growth.

Commenting on this milestone, Jaffer Nini, Group CFO of RAKBANK, said:

"RAKBANK continues to maintain a strong balance sheet, with one of the highest capital and liquidity positions in the UAE banking sector. This further reinforces the Bank’s ability to support its customers, invest in future growth and deliver on its strategy of being a digital bank with a human touch.”