RAKBank joins UAE finance gateway to boost SME trade financing – The National

  • Date: 18-Feb-2022
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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RAKBank joins UAE finance gateway to boost SME trade financing – The National

National Bank of Ras Al Khaimah joined forces with Etihad Credit Insurance, the UAE’s federal export credit agency, to boost financing for small and medium enterprises through the UAE Trade Finance Gateway.

The gateway, launched as part of the UAE’s Golden Jubilee, is a digitised platform that helps exporters and re-exporters based in the country to obtain finance easily and expand their businesses globally.

“We are committed to support the UAE’s vision for a sustainable economy to boost the nation’s position as a global business hub,” said Dhiraj Kunwar, managing director of business banking at RAKBank.