Dubai, United Arab Emirates, June 23rd, 2026: As RAKBANK marks its 50th anniversary year, the Bank has launched a one-of-a-kind Female Entrepreneurs Package in celebration of International MSME Day, reinforcing its long-standing commitment to empowering female entrepreneurs.
Beyond just Banking
Launched under the theme “Empowering Women to Start, Grow and Scale with Confidence” the She Means Business Package reflects the growing contribution of female entrepreneurs to the UAE economy and the need for solutions that support them across different stages of their business journey. From managing banking costs, accessing finance and day-to-day operations, female founders often require support that goes beyond traditional banking. RAKBANK brings together its best-in-business banking solutions, practical business tools, financial protection and community support into one integrated package designed to simplify banking, reduce friction and enable female entrepreneurs to grow with confidence.
Limited time offer: As part of the launch, female entrepreneurs who activate their account by 10 December 2026 can enjoy the She Means Business package free for 12 months, subject to terms and conditions.
What entrepreneurs get:
1. Digital banking foundation
- A zero-balance business account, available in both Islamic and Conventional variants
- Multi-currency capability in AED, USD, GBP and EUR
- Digital onboarding in as little as 48 hours, enabling faster speed to market and seamless access to banking services
2. Everyday business tools
- WPS-enabled payroll processing
- QR-based payments powered by AANI
- Complimentary access to a cloud-based app for up to four users, helping entrepreneurs manage accounting, banking, payroll and VAT from a single platform.
3. Cost savings and financial benefits
- Four complimentary international remittances per month
- Preferential USD foreign exchange rates
- Monthly maintenance fees fully covered for 12 months, supporting early-stage growth
4. Built-in protection in Partnership with RAKInsurance
- Essential insurance/Takaful coverage including:
- Workmen’s compensation (including employer liability)
- Public liability protection of up to AED 1 million
5. Community, learning and growth – Beyond banking, the package extends into capability building and community engagement, with access to:
- Learning and business development opportunities, covering topics such as AI, leadership, pricing, cash flow management, marketing and business growth
- Curated networking opportunities and knowledge-sharing forums with ecosystem partners and industry experts
- AED 1,500 off the annual CrunchMoms membership — a community that connects female entrepreneurs with like-minded women, mentors, and new opportunities.
- A complimentary Personal Banking Financial Needs Assessment to help founders align their personal finances with their business ambitions
Who the Package is for
The package is available to new RAKBANK customers who are female founders operating as Sole Proprietors and Individual LLCs.
How to apply
Eligible founders can apply by visiting quickapply.rakbank.ae and selecting the RAKStarter Account.
Vishal Shah, Managing Director & Head of Business Banking Group, RAKBANK, said:
“For 50 years, RAKBANK has supported over 250,000 SMEs across the UAE, helping founders transform ambition into action and we proudly bank over 20,000 female-led businesses.
Female entrepreneurs are playing an increasingly important role in shaping the UAE’s economic future, contributing to the country’s entrepreneurship agenda, and access to the right ecosystem makes a meaningful difference in enabling founders toreach their full potential. Understanding the needs of entrepreneurs has long been at the heart of how we design and evolve our propositions, reinforcing our commitment to being the financial partner of choice for SMEs across the UAE. Through She Means Business, we are bringing Digital with a Human Touch to life by combining seamless digital banking, relationship-led financial partnership and ecosystem access.”
-Ends-
We’re RAKBANK.
Banking should feel simple. Human. Helpful. So that’s the kind we build.
Since 1976, we’ve been helping people and businesses across the UAE grow with confidence, giving them the tools, the support, and the trust to make things happen. We started as a community bank and grew into one of the country’s most dynamic financial institutions. What’s never changed is our belief that banking should work for people, not the other way around.
Today, we’re leading a new chapter, one that combines smart digital innovation with genuine human connection. We call it digital with a human touch.
We serve customers across every segment through our Personal Banking Group (PBG), Business Banking Group (BBG), and Wholesale Banking Group (WBG). As the UAE’s go-to SME bank, we’re helping thousands of businesses grow and thrive with seamless, digital-first banking.
Our group also includes Skiply, the region’s leading school payments app; Protego, our next-generation insurance aggregator; and RAK Insurance, one of the UAE’s most trusted insurers, together creating an ecosystem that makes life simpler and safer for our customers.
From empowering entrepreneurs and SMEs to launching the UAE’s first crypto brokerage for retail customers and our own AI-powered digital assistant, we’re shaping the future of banking while keeping the heart of it the same: people.
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