Ras Al Khaimah National Bank announced that its board of directors will discuss a proposal to sell one of its business lines during its meeting scheduled for Thursday, November 27, 2025. The bank clarified in a disclosure to the Abu Dhabi Securities Exchange that if this proposal is approved, it could represent a transaction that may have a fundamental impact on its financial position and could affect the share price.
Ras Al Khaimah National Bank to discuss business line sale
Ras Al Khaimah National Bank announced plans to discuss a proposal to sell one of its business lines at its board meeting on November 27, 2025. The potential transaction could have a significant impact on the bank's financial position and share price.