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RAKBank, DP World partner to enhance trade finance solutions in UAE

This strategic partnership leverages DP World’s extensive trade network and real-time data insights.

Trade
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RAKBank has partnered with DP World to offer innovative and affordable trade finance solutions to businesses across the UAE.

This strategic partnership leverages DP World’s extensive trade network and real-time data insights to empower RAKBank with enhanced risk assessment capabilities and streamlined access to financing for businesses.

“We are proud to partner with DP World’s simplified digital platform, as it offers customers easy access to finance options, saving them the time and effort involved in handling copious documentation,” said Vikas Suri, Managing Director, Wholesale Banking Group-Products, RAKBank.

Sinan Ozcan, Senior Executive Officer of DP World Trade Finance, commented, “Our capabilities to control underlying cargo, helps lenders connect with businesses and accurately assess risks and mitigate them. This partnership with RAKBANK will be beneficial to facilitate global trade and provide greater visibility to everyone along the supply chain.”