Moody’s Investors Service has affirmed the ratings of Ras Al Khaimah National Bank, maintaining a positive outlook following its periodic review conducted on March 18, 2026. This decision highlights the bank’s consistent financial performance and its capacity for sustainable growth.
The agency retained the long-term deposit rating at Baa1 and kept the baseline credit assessment (BCA) at baa3. These ratings reflect the bank’s solid financial position, its disciplined execution of strategy, and its resilience in navigating challenges across its various banking operations.
The affirmation of the ratings underscores the progress the bank has made recently, especially regarding asset quality improvement, capital base enhancement, and balanced growth in individual, business, and corporate banking sectors, contributing to the stability of its financial performance.
Additionally, the positive outlook indicates improved profit quality and stable funding structures, supported by strong liquidity, which is bolstered by a balanced business model focusing on diversification and operational efficiency.
The bank is well-positioned to maintain its momentum, relying on disciplined risk management, a robust capital base, and the ability to adapt to economic shifts, thereby enhancing its prospects for sustainable growth in the future.
Jaafar Nini, the Group’s Chief Financial Officer, stated that the bank continues to uphold a strong balance sheet, supported by high levels of capital and liquidity compared to the banking sector in the UAE, strengthening its capability to support clients and invest in future growth opportunities.
He noted that these positive indicators support the bank’s strategy to transition into a digital bank with a human touch, focusing on innovation and providing advanced banking services that meet customer expectations in a rapidly changing financial environment.