It signed a Memorandum of Understanding between the Mohammed bin Rashid Establishment for the Development of Small and Medium Enterprises and Haahdy Department of Economic Development in Dubai institutions and RAK Bank to support small and medium enterprises, through the provision of financial services and competitive organization for members, thereby encouraging entry of members to the world of business leadership, in addition to the sustainability of their projects and increase the size of their business. Under this memorandum (MOU) will be able to members of the organization to obtain funding to support small and medium-sized projects at low interest and discounted fees, as well as access to services from the Bank of {S National Khaimah to support small and medium enterprises of the banking products, such as transaction accounts, loans and trade finance Aaqari the asset-based financing, in accordance with agreed terms.
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