RAKEZ & CBI unite to improve business banking processes for clients

By Shilpa Annie Joseph, Official Reporter
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RAKEZ-CBI Partnership
Rep. Image | Courtesy: RAKEZ

Ras Al Khaimah Economic Zone (RAKEZ) has partnered with Commercial Bank International (CBI) in order to enhance the business banking experience for RAKEZ clients.

This collaboration is designed to foster financial inclusion by streamlining access to a comprehensive range of financial services, making them easily accessible to all. Further, this partnership reflects RAKEZ’s ongoing commitment to providing a business-friendly ecosystem that simplifies processes and enhances the overall experience for its clients.

As part of this partnership, CBI will support RAKEZ clients through simplifying and expediting their business setup processes, including opening their corporate bank accounts.

CBI has also announced it is committing dedicated resources to ensure RAKEZ clients enjoy a seamless and highly efficient account-opening experience.

Ramy Jallad_H. B. Fuller at RAKEZ
Ramy Jallad
Group CEO – RAKEZ

“We are glad to have entered yet another valuable partnership – and this time with CBI. As always, we center our efforts on elevating the customer journey for our clients. We aim to make everything quick and easy in every aspect, and adding CBI to our growing list of strategic partners is another leap toward this objective. We will surely be rolling out more initiatives for the benefit of our clients.”

RAKEZ and CBI will be exploring additional areas of collaboration, including onboarding integrations, to further support the interests of their respective clients and enhance the overall business environment.

For his part, Mr. Ali Sultan Rakkad Al Amri, the CEO of CBI, commented that, “We are honored to partner with RAKEZ, and are grateful for this opportunity to further enrich our support for our valued clients. Our dedication to making each customer’s interaction seamless and efficient lies at the core of our mission, and we are looking forward to more fruitful initiatives that will further benefit our clients and that will contribute towards further developing a healthy business ecosystem.”

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