Abu Dhabi – Mubasher: The National Bank of Ras Al Khaimah (RAKBank) announced it has signed a memorandum of understanding (MoU) with CRIF Gulf DWC LLC (Dun & Bradstreet), a leading business information services, data analytics, risk, and compliance solutions provider in the UAE.
Under the terms of the MoU, RAKBANK's Business Banking unit will provide its customers with specialised services relating to risk, compliance, business information, analytics, and gather reports at preferential terms through this partnership, according to a press release.
Moreover, customers will enjoy great discounts on the previously mentioned services to facilitate their business and boost its efficiency, effectiveness, and security.
Dhiraj Kunwar, managing director of Business Banking at RAKBANK, said: “Our continuous focus on innovation means Business Banking customers will benefit from the digital facilities that serve to protect and support customers’ businesses through RAKBANK’s valuable partnership with CRIF Gulff DWC LLC (Dun & Bradstreet).”
“Not only does this partnership offer risk and compliance services at competitive and discounted rates, but it also provides business information, analytics and reporting to support these businesses in making calculated decisions based on data that has been compiled through the platform provided by our partners,” Kunwar added.
The MoU was signed by chief risk officer of RAKBank K.S. Ramakrishnan, managing director of Business Banking Dhiraj Kunwar, head of products and proposition for RAKBANK’s Business Banking Kunal Roy, and managing director of CRIF Gulf DWC D&B Manjeet Singh Chhabra.
