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Commercial Banks Ras Al Khaimah : List of the Best Commercial Banks with Contact Details & Location Map. Top Commercial Banks in Ras Al Khaimah.
Commercial Banks Ras Al Khaimah : List of the Best Commercial Banks with Contact Details & Location Map. Top Commercial Banks in Ras Al Khaimah.

Commercial Banks Ras Al Khaimah : List of the Top Commercial Banks in Ras Al Khaimah with Contact Details

Commercial Banks Ras Al Khaimah : List of the top commercial banks in Ras Al Khaimah with Contact Details including company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings.

Ras Al Khaimah, located at the north end of the coast of the Arabian Gulf, is one of the seven Emirates that form the UAE. The emirate has been the site of human habitation since several millennia and local archaeological sites date back to the Umm Al Nar civilization of the 3rd century BC. It is nestled between the Hajar Mountains on the East and the Arabian Gulf on the West and shares mountainous borders with the Sultanate of Oman. H.H. Sheikh Saud bin Saqr Al Qasimi is the ruler of Ras Al Khaimah.

Ras Al Khaimah has earned its reputation as an excellent commercial centre with a pioneering, vibrant and entrepreneurial business culture. Strategically-located at the crossroads of trade and commerce between East and West, it is ideally-positioned to service and access markets that span the Middle East, Africa, the Indian Subcontinent and the CIS countries. To influence this advantage, it is developing a world class infrastructure, air and sea port facilities, making it the most well-connected hub in the region.

Majestic mountains on the eastern side, un-spoilt desert plains in the central region and green belt in the south; RAK is blessed with abundance of natural beauty on one hand and unique location on the other which has allowed strategizing of the economic development on two pillars, namely, Tourism & Industry.

RAK has focused on developing its industrial sector and the RAK Cement Company formed in the earlier seventies, Gulf Pharmaceutical Industries (Julphar) and RAK Ceramics are some of the leading companies here.

The RAK International airport operates cargo and passenger services to various destinations.

Commercial Banks Ras Al Khaimah

commercial banks Ras Al Khaimah : List of the commercial banks in Ras Al Khaimah with contact details including company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Top commercial banks in Ras Al Khaimah UAE.

1. Abu Dhabi Islamic Bank

Company Name: Abu Dhabi Islamic Bank
Company Location & Address: Al Hamra Mall, Sheikh Mohammed Bin Salem Street, Al Hamra, Ras Al Khaimah
Landmark: Al Hamra Mall
P.O.Box: 4004, Ras Al Khaimah UAE
Company Telephone Number: 600543216
Categories: Banks, Commercial Banks Ras Al Khaimah

2. Abu Dhabi Islamic Bank

Company Name: Abu Dhabi Islamic Bank
Company Location & Address: Abdulla Khalfan Building, Air Port Road, Al Digdaga, Ras Al Khaimah
Landmark: Near Ras Al Kahimah Poultry Farm
P.O.Box: 4004, Ras Al Khaimah UAE
Company Telephone Number: 600543216
Categories: Banks, Commercial Banks Ras Al Khaimah

3. Abu Dhabi Islamic Bank

Company Name: Abu Dhabi Islamic Bank
Company Location & Address: Abdulla Khalfan Building, Airport Road, Al Digdaga, Al Fahlian, Ras Al Khaimah
Landmark: Near Al Digdaga Pultry Ras Al Khaimah
P.O.Box: 4004, Ras Al Khaimah UAE
Company Telephone Number: 600543216
Categories: Banks, Commercial Banks Ras Al Khaimah

4. Abu Dhabi Islamic Bank

Company Name: Abu Dhabi Islamic Bank
Company Location & Address: Abu Dhabi Islamic Building, Al Muntasir Street, Al Qusaidat, Al Qusaidat, Ras Al Khaimah
Landmark: Opposit Al Manar Mall,Near Abu Dhabi Stock Market
P.O.Box: 4004, Ras Al Khaimah UAE
Company Telephone Number: 600543216
Categories: Banks, Commercial Banks Ras Al Khaimah

5. Al Hilal Bank

Company Name: Al Hilal Bank
Company Location & Address: Al Muntasir Rd, Dafan Al Nakheel, Ras Al Khaimah
Landmark: Opposite to LuLu Hyper Market
P.O.Box: 6311, Ras Al Khaimah UAE
Company Telephone Number: 2052020
Fax: +971 7 2277917
Categories: Banks, Commercial Banks Ras Al Khaimah

6. Arab Bank

Company Name: Arab Bank
Company Location & Address: Hilton St, Al Nakheel, Ras Al Khaimah
Landmark: opposite to Hilton Hotel
P.O.Box: 4004, Ras Al Khaimah UAE
Company Telephone Number: 2288437
Fax: +971 7 2282337
Categories: Banks, Commercial Banks Ras Al Khaimah

7. Bank De Caire/em>

Company Name: Bank De Caire
Company Location & Address: Ras Al Khaimah
P.O.Box: 618, Ras Al Khaimah UAE
Company Telephone Number: 2332245
Categories: Banks, Commercial Banks Ras Al Khaimah

8. Bank Melli Iran

Company Name: Bank Melli Iran
Company Location & Address: Bin Mohd Bldg, Ras Al Khaimah
Landmark: Al Nakheel Shaqar,
P.O.Box: 5270, Ras Al Khaimah UAE
Company Telephone Number: 2229400
Fax: +971 7 2228797
Categories: Banks, Commercial Banks Ras Al Khaimah

9. Bank Of Baroda

Company Name: Bank Of Baroda
Company Location & Address: Plot #191, Al Rams Road, Al Nakheel, Ras Al Khaimah
Landmark: Near Choitram Supermarket
P.O.Box: 5294, Ras Al Khaimah UAE
Company Telephone Number: +971 7 2269377
Categories: Banks, Commercial Banks Ras Al Khaimah

10. Bank Of Baroda – Customer Service Centre

Company Name: Bank Of Baroda – Customer Service Centre
Company Location & Address: Band Of Baroda Building, Al Rams Street, Al Seer, Al Seer, Ras Al Khaimah
Landmark: Near Al Zahrawi Hospital
P.O.Box: 5294, Ras Al Khaimah UAE
Company Telephone Number: 2434575
Categories:Banks, Commercial Banks Ras Al Khaimah

Commercial Banks Ras Al Khaimah Location Map

Commercial Banks Ras Al Khaimah : List of the Top Commercial Banks with Contact Details & Location Map. Top Commercial Banks in Ras Al Khaimah.
Commercial Banks Ras Al Khaimah

Commercial Banking

“Commercial banking” was defined in the previous edition of this book as the activity of a banking institution whose “principal business is to accept deposits, make loans, collect commercial paper, and arrange the transfer of funds.” Under the banking law from the adoption of the Glass-Steagall Act in the 1930s until the beginning of the 1980s, there was a distinct demarcation between commercial banks and other financial institutions, such as investment banks, securities firms, and commercial financial services conglomerates.

AH this is changing. The types of institutions that can engage in traditional commercial banking functions have enlarged as a result of legislation giving additional powers to thrift institutions. The types of activities commercial banks engage in have expanded as a result of legislation at both the state and federal levels and as a result of judicial decisions dismantling parts of the wall erected by the Glass-Steagall Act to keep commercial banks insulated from the risks of dealing in securities. The “nonbank bank” explosion has started a restructuring of the banking market into holding companies capable of offering an array of financial services. In light of these developments, perhaps the most suitable definition is one offered by an English texi: “[B]anks come in all shapes and sizes, with different name tags applied indifferent countries, often quite loosely. Banks make most of their money from the difference between interest rates paid to depositors and charged to borrowers.” Commercial banks are “publicly quoted and profit oriented. They deal directly with the public, taking deposits, making loans and providing a range of financial services from foreign exchange to investment advice. Most countries have settled for between four and ten;” but in the United States there are nearly 15,000 because of “banking laws that have prevented banks operating in more than one state, and in different types of business,..

In addition to commercial banks, there are many specialized depository institutions that have been established to perform specialized roles. Thrift insti­tutions such as savings and loan associations and credit unions are important examples. At their inception, savings and loan associations primarily engaged in home mortgage lending and offering passbook-type savings to consumers. With the enactment of the Depository Institutions Deregulation and Monetary Con­trol Act of 1980, thrifts gained expanded authority to engage in commercial banking activities. Further incorporation into the general banking market has occurred as a result of the restructuring brought about by the financial failures and weakened condition of thrift institutions in the 1980s, which led to changes in the law to encourage the acquisition and merger of weak institutions with stronger financial institutions, including banks. To a great extent, thrift institutions are subject to a regulatory regime similar to that governing commercial banks, and engage in banking functions similar to those of commercial banks. Subsequent chapters discuss how thrifts fit into this regulatory scheme.

There are other specialized consumer-oriented financial companies. Credit unions may be organized under state and federal statutes with the power to maintain customer share accounts against which drafts may be drawn payable i n a manner similar to checks. There are also personal finance loan organizations authorized under the laws of the several states that loan small amounts of money to consumers, often at specially regulated rates that are higher than the usual interest rates allowed. These organizations normally are not deposit-taking institutions but operate with their own capital and credit. Banks often have their own small loan depart­ments to make the same type of loans, and holding companies may have special consumer loan subsidiaries or affiliate companies.

Although trust activities have become a part of the activity of many com­mercial banks,1 this book does not deal with the laws that govern these trustee relationships and activities. The competition for funds has led some banks to offer managed investment accounts through their trust departments similar to those offered by mutual funds and other securities firms. Again, there are trust companies organized under state law that operate by accepting money for the purpose of investment where the beneficial interest in the funds remains in the original owner.

There are other types of banking functions and specialized banks: for exam­ple, reserve banks, which are really bankers’ banks; investment banks, whose chief business is underwriting and dealing in securities, and providing financial advice and aid in corporate acquisitions and mergers; agricultural banks; foreign trade banks; and other specialized banks that have charters to engage in particu­lar types of business. Further, the peculiarities of federal laws regulating bank holding companies have encouraged the proliferation of various financial institutions that have been chartered as full-service banks but that limit their functions to activities such as consumer lending and credit card operations.

Top commercial banks Ras Al Khaimah : List of the top commercial banks Ras Al Khaimah with contact details including company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Top commercial banks in Ras Al Khaimah UAE.

Business Directory UAE providing complete details of commercial banks in Ras Al Khaimah. Find out more information on commercial banks in Ras Al Khaimah on Yellow Pages UAE. commercial banks reviews, commercial banks Ras Al Khaimah location map, Commercial Banks Ras Al Khaimah websites, commercial banks Ras Al Khaimah directory, commercial banks Ras Al Khaimah business directory & commercial banks telephone numbers.

Commercial Banks Ras Al Khaimah : List of the Top commercial banks in Ras Al Khaimah with Contact Details

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Commercial Banks Ras Al Khaimah : List of the top commercial banks in Ras Al Khaimah with contact details including company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Top commercial banks in Ras Al Khaimah UAE.

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