Ras Al Khaimah Economic Zone (RAKEZ) has partnered with Emirates NBD to enhance access to corporate banking services for SMEs as well as larger enterprises within the RAKEZ ecosystem.
Under the collaboration, a dedicated banking support channel will be established to fast-track the opening of business accounts. At a future point, digital API integration between RAKEZ and Emirates NBD systems will allow direct transmission of account application data, reducing processing times and minimising paperwork.
The initiative aims to create a seamless, digitally enabled banking experience that supports the growth and expansion of businesses operating within RAKEZ.
Gulf Economist Staff Writer