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Awards

RAKBANK

Awards & Recognition

We’ve got a lot to show

At RAKBANK, we're not just in the business of banking. We're in the business of making a difference. That's why we're proud to have received numerous awards and recognitions over the years for our commitment to delivering exceptional service, innovative products and social responsibility.

Category Award
Best Business Banking Solutions for SMEs – UAE 2025  The Global Economics Awards
Best Solution Design - Collaboration 2025 MEA Finance Banking Technology Awards
Digital Experience Strategy of the Year (Website) 20th Edition of CX Strategy Summit & Awards
The UAE's Best Bank for SMEs Euromoney - Awards for Excellence
Best SME Bank UAE 2025
Global business and Finance Magazine
Best Customer Service Bank UAE 2025
Best Digital Bank UAE 2025
Top Innovations in Finance in the Middle East 2025 for RAKBANK Telemetry 2025 MEA Finance Banking Technology Awards
Outstanding Use of Technology by a Private Bank - Middle East (Telemetry) Global Private Banking Innovation Awards 2025
Top 10 BFSI CISO Global Security Symposium and CISO Awards: Future Bank Summit & Awards
Best Analytics System (Telemetry)
MEA Finance Banking Technology Summit and Awards
Best Analytics System
Skiply: Best Integrated Payments Systems Provider
Best Overall Bank for SMEs MEA Finance SME Business and Finance Summit
Innovative SME Finance Award
MENA Islamic SME Bank of the Year MENA Banking Excellence Awards 2024 - MEED Product
Most Innovative real-time payment solutions
Excellence in Intelligent Document Processing using LLM Middle East Banking AI & Analytics Summit Awards
SMEsouk Podcast - SME Banking Impact Award Qorus SME Banking Awards 2025
Best Digital CX – Account Opening and Customer Onboarding The Digital Banker - Digital CX Awards
Social Bond of the Year ABF Corporate and Investment Banking Awards
Call Centre Initiative of the Year ABF Retail Banking Awards
Compliance Initiative of the Year 
Service Innovation of the Year (Website)
Analytics Initiative of the Year (Telemetry)
UAE Domestic Big Data & Analytics Initiative of the Year (Telemetry) ABF Wholesale Banking Awards
RAKBANK's NPSS - Instant Payment Platform (IPP) MEA Business Achievement Awards
RAKBANK's Disaster Recovery (DR) Framework
RAKBANK's Business Banking Division
CX Excellence (Achievement Award) – Skiply
Top 10 BFSI leaders in the Middle East Annual Future Bank Summit
Outstanding Personalized 1:1 Marketing Initiative (Website)
The Digital Banker -
Middle East & Africa Retail Banking Innovation Awards
Banking Company of the year Gulf Business Awards
Banking Executive of the Year - Raheel Ahmed, Group Chief Executive Officer Finance ME
Best Digital Asets Exchange - Retail (Crypto) The Digital Banker
Financial Technology - Innovative Collaborations and Partnerships
MEA Business Technology Achievement Awards
Ground-breaking New product/service launch
Category Award
ESG: Advance against salary facility (AAS) Qorus Reinvention Awards MEA
Bronze: SME Bank of the Year
Best Website of the Year Asian Banking & Finance Retail Awards
Fintech Start-up Award for Skiply
Payments Solution Award for Skiply 
Fraud Initiative of the Year
Excellence in Digital Innovation for Business Banking Onboarding Brands Review Magazine Awards
Excellence in Digital Payments Innovation Education Leaders Conclave Awards - Observe Now
Best Bank for Youth and Students UAE Global Banking & Finance Awards
Best Marketing Campaign Global Brand Awards
Best Educational Payment Solution
Best SME Banking Brand
Best Banking Website in UAE Global Business Magazine
Excellence in Digital Innovation for Business Banking Onboarding UAE
Global Security Symposium and CISO Awards Global CISO Award
Maximizing Customer Engagement for Business Banking Infosys Finacle Innovation
Gold Impact Seal Award Impact Seal Award
Best Mobile Payment App for Education – Skiply International Finance Awards - 12th Annual International Finance Awards
Best Integrated Educational Solution in UAE 2024 – “Skiply powered by RAKBANK” Global Business and Finance Magazine Awards 2024
Best Digital Solution in UAE 2024 – “Skiply powered by RAKBANK”
Best corporate social responsibility Initiative UAE 2024
Best Digital Solution in UAE 2024
Best Use Case of AI & Analytics in Cyber Security for 2024 7th Middle East Banking AI & Analytics Summit
Most Innovative Home Loan Product – Home in One 11th Annual International Finance Awards 2023
Business Excellence in the Finance Sector in the UAE (Sail to Success) The Westford Awards committee 2024
Outstanding Achievement in Cyber Security Middle East & Africa Innovation Awards 2024
Best Bank for Youth and Students UAE 2024 Global Banking and Finance Awards 2024
Best Banking Credit Card Program UAE 2024 World Business Outlook Awards
Best Business Bank UAE 2024
Best Foreign Exchange Bank UAE 2024
Best Banking Product UAE 2024
Best Educational Payment Digital Solution UAE 2024
Cyber Security and Fraud Prevention CIO Connect Awards
Cybersecurity: Best Cybersecurity and Risk Management Implementation MEA Finance Banking & Technology Awards
Skiply: Best Retail Payment Implementation
Best User Experience in Payments - UAE MEA Finance Leaders in Payment awards
Prestigious Brand of Asia Awards 2023-2024 Prestigious Brand of Asia Awards
Top CISO BFSI award Security Conclave & Awards 2024
Best Digital Innovation in Educational Payments (Skiply) The Global Economic Awards
Fastest growing microfinance bank uae 2024 World Economic Magazine Award
Most innovative retail bank uae 2024
Most innovative mobile banking App uae 2024
Most Innovative Fintech Solutions for Education The Business Pinnacle Awards 2024

 

  • Most Transformed Islamic Bank in the UAE
  • Best User Experience Solution Provider - UAE (Skiply)
  • Best Innovation in Corporate Banking & Finance (Digital SME Loan)
  • Most Innovative Home Loan Product for UAE
  • Best Used Case of Customer Analytics
  • Innovative Leader 2023
  • Cyber Security & Cyber Fraud
  • The Asset ESG Awards - Titanium Award
  • UAE’s SME Bank of the Year - Asian Banking & Finance Awards
  • The Number 2 Top Investment House in MENA- The Asset Benchmark Research
  • MMA Awards Machine Learning and AI
  • Data Insights MMA Awards
  • Best SME Bank Banking Excellence Awards
  • UAE’s Mid-Sized Domestic Retail Bank of the Year Asian Banking & Finance Awards
  • Excellence in SME Banking Finnovex Awards
  • Audio Sonic Branding MMA Awards
  • Lead Generation / Direct Response / Conversions MMA Awards
  • Best SME Bank in UAE Global Finance Magazine
  • UAE’s Fraud Initiative of the Year Asian Banking & Finance Awards
  • Advertiser of the Year MMA Awards
  • Customer Experience MMA Awards
  • Best Vertical Acceptance Product MENA for Skiply EDGE 2022
  • Gold Award Winner in The Asset ESG Corporate Awards 2021
  • Dubai Chamber CSR Label – Environment for 2021 certificate
  • Best Wealth Management Provider - UAE – 2021 by World Finance Wealth Management Awards
  • Banking Innovation Awards 2021 by EFMA Accenture Banking Innovation Awards 2021
  • Winner of the Customer Journey Reimagination category- SME Digital Onboarding- Infosys Finacle Innovation Awards 2021
  • Best Online Bank UAE 2021 by International Business Magazine
  • Best Bank for Insurance UAE 2021 by International Business Magazine
  • Best Sustainable Work Practices Excellence Bank Award by Middle East Banking Innovation Summit
  • Best Self-Service Banking Implementation in Middle East “Quick Apply” by the Asian Banker Financial Technology Innovation Awards
  • Best Retail Payment Implementation in the Middle East for “Skiply” by the Asian Banker Financial Technology Innovation Awards
  • Best Trade Finance Bank by the MEA Trade Review Awards 2021
  • Best AI Technology Implementation for the “Insurance Chatbot” at MEA Finance Awards 2021
  • One of the World’s Best Banks of 2021 by Forbes
  • Outstanding Digital Transformation in Payments for Skiply by the Middle East & Africa Innovation Awards 2021
  • Best Use of Martech Enterprise by Vibe MarTech Awards 2021
  • Advertiser of the Year by the Mobile Marketing Association’s (MMA) Smarties Award
  • Brand Awareness – Memotraits by the Mobile Marketing Association’s (MMA) Smarties Award
  • Gender Equality In Advertising – She Can Play by the Mobile Marketing Association’s (MMA) Smarties Award
  • Product Services Launch – Convertsations – Kickstarting new SMEs amidst the Pandemic by the Mobile Marketing Association’s (MMA) Smarties Award
  • Mobile Gaming, Gamification & E-sports – Euphoria Moments by the Mobile
  • Marketing Association’s (MMA) Smarties Award
  • Mobile Video – Memotraits by the Mobile Marketing Association’s (MMA) Smarties Award
  • Mobile Social – She Can Play by the Mobile Marketing Association’s (MMA) Smarties Award
  • Best Service Performance Outlet – Services Sector 2020 - Dubai Service Excellence Scheme
  • The Number 1 Top Investment House in the Middle East & North Africa 2020 - The Asset Benchmark Research
  • Honorary Middle East Gold Stevie® Awards 2020 "Outstanding Management"
  • Best in Lead Generation/Direct Response and Conversion Gold Award 2020 - MMA MENA Smarties Awards
  • Best Product/Service Launch Gold Award 2020 - MMA MENA Smarties Awards
  • Best Promotion of the Year Gold Award 2020 - MMA MENA Smarties Awards
  • Best Location Based Targeting Gold Award 2020 - MMA MENA Smarties Awards
  • Best Use of Programmatic Gold Award 2020 - MMA MENA Smarties Awards
  • Industry Award for Advertiser of the Year 2020 - MMA MENA Smarties Awards
  • Industry Award for Best in Show 2020 - MMA MENA Smarties Awards
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