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National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Altman Z-Score


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What is National Bank of Ras Al-Khaimah PSC Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

National Bank of Ras Al-Khaimah PSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) » Definitions » Altman Z-Score
Comparable Companies
ADX:NBF ADX:SIB ADX:NBQ DFM:AJMANBANK DFM:CBD ADX:BOS ADX:UAB ADX:CBI DFM:EIBANK DFM:ALSALAMSUDAN NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK SGX:D05 XPAR:BNP MIL:ISP MIL:UCG PNC NSE:SBIN
Traded in Other Exchanges
N/A
Address
Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Ras Al-Khaimah, ARE
Website
https://www.rakbank.ae
National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments namely Retail Banking, Wholesale Banking, Business Banking, Treasury, and Insurance. It generates maximum revenue from the Wholesale banking segment which represents transactions with corporate bodies including government and public bodies and comprising of loans, advances, deposits and trade finance transactions of corporate customers and financial institutions.