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Tue, 19.12.2023
Home NEWSGCCRAKBANK Issues GCC’s First Public Social Bond, Raising $600 Million to Support SMEs and Healthcare

RAKBANK Issues GCC’s First Public Social Bond, Raising $600 Million to Support SMEs and Healthcare

by Press Room


  • Historic Issuance: RAKBANK’s social bond marks the GCC’s first public issuance, highlighting strong demand and investor confidence.
  • Economic & Social Impact: Proceeds will support MSMEs and healthcare, aligning with UAE’s sustainable development goals.
  • Strategic Growth: Bond issuance reinforces RAKBANK’s commitment to ESG integration and long-term financial growth.

RAKBANK Issues GCC’s First Social Bond, Supporting ESG Goals

Historic Issuance

RAKBANK has successfully issued a 5-year Euro Medium-Term…



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