CRIF GULF DWC (Dun & Bradstreet) and RAKBANK to offer SMEs business information, risk and compliance solutions
The National Bank of Ras Al Khaimah (RAKBANK) has entered into a Memorandum of Understanding (MoU) with CRIF GULF DWC LLC (Dun & Bradstreet), one of UAE’s leaders in business information services, data analytics, risk, and compliance solutions.
The MoU will enable RAKBANK‘s Business Banking unit to offer its customers specialized services relating to risk, compliance, business information, analytics, and accumulate reports at preferential terms through this partnership. Customers will have access to great discounts on the aforementioned services to facilitate their business, making it more efficient, effective, and secure.
Commenting on the partnership Dhiraj Kunwar, Managing Director of Business Banking at RAKBANK, said: “Our continuous focus on innovation means Business Banking customers will benefit from the digital facilities that serve to protect and support customers’ businesses through RAKBANK’s valuable partnership with CRIF GULF DWC LLC (Dun & Bradstreet). Not only does this partnership offer risk and compliance services at competitive and discounted rates, but it also provides business information, analytics and reporting to support these businesses in making calculated decisions based on data that has been compiled through the platform provided by our partners. As a Bank, we constantly focus on developing services and solutions for our business customers that revolve around supporting them in more ways than just financially.”
Manjeet Singh Chhabra, the Managing Director of CRIF GULF DWC LLC (Dun & Bradstreet), said: “We are happy to join forces with RAKBANK to serve a specific need of SMEs in the region. This partnership makes CRIF D&B solutions seamlessly available to RAKBANK’s customers, making them improve performance and competitiveness through better use of data and insights.”
The MoU was signed by K.S. Ramakrishnan, Chief Risk Officer of RAKBANK; Dhiraj Kunwar, Managing Director of Business Banking; Kunal Roy, Head of Products and Proposition for Business Banking at RAKBANK; Manjeet Singh Chhabra, Managing Director of CRIF GULF DWC LLC (Dun & Bradstreet) along with the Senior management of CRIF GULF Dun & Bradstreet.
Source: RAKBANK / CRIF Press Release