Abu Dhabi – Mubasher: RAKBank arranged a AED 125 million credit facility to Abu Dhabi-based private joint stock company Reem Finance, according to a statement

 “We are delighted to have partnered with Reem Finance to support their general expansion plan in commercial lending,” according to the bank’s CEO Peter England, RAKBank.

“This facility allows us to diversify our asset book into non-bank financial institutions (NBFIs) in the region,” England added.