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


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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 (ADX:RAKBANK) 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 DFM:CBD DFM:AJMANBANK ADX:NBQ ADX:UAB ADX:BOS ADX:CBI DFM:EIBANK DFM:EIB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Al Rifa Area, The National Bank of Ras Al Khaimah Building, Ras Al-Khaimah, ARE
Website
https://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 Personal Banking, Wholesale Banking, Business Banking, Treasury and Insurance. It generates maximum revenue from the Retail banking segment. The company offers current, savings, call, and fixed deposit accounts, debit cards, credit cards, personal loans, and home loans among other services.