According to Amac News: Based on the IFZA’s announcement, the partnership will introduce a range of specialized banking services to entrepreneurs and businesses operating under IFZA, which aims to promote business growth and innovation in the UAE.
The official signing ceremony of the agreement was held at IFZA’s headquarters in Dubai, attended by senior executives from both parties.
Under the agreement, RAKBANK will help address key banking challenges for small and medium-sized businesses, startups and international businesses.
The agreement will also provide easy access to commercial banking services, financial products and specialized advisory solutions.