RAKBANK has launched a banking package aimed specifically at female entrepreneurs in the UAE, timed to coincide with International MSME Day and the bank’s 50th anniversary.
The She Means Business Package bundles several banking and business services into a single offering. At its core is a zero-balance business account, available in both Islamic and Conventional variants, with multi-currency capability across AED, USD, GBP and EUR and digital onboarding in as little as 48 hours. Everyday tools include WPS-enabled payroll, QR-based payments via AANI, and complimentary access to a cloud-based accounting app for up to four users covering payroll, VAT and banking in one platform.
Cost benefits include four complimentary international remittances per month, preferential USD foreign exchange rates, and monthly maintenance fees waived for 12 months. The package also includes built-in insurance and Takaful cover through RAKInsurance, with workmen’s compensation and public liability protection of up to AED 1 million.
Beyond the banking layer, RAKBANK says the package extends into capability building: access to learning sessions on topics including AI, leadership, cash flow management and marketing, as well as curated networking opportunities. Eligible founders also receive AED 1,500 off an annual CrunchMoms membership and a complimentary personal financial needs assessment.
Female founders who activate their account by 10 December 2026 can access the package free for 12 months, subject to terms and conditions. The offer is open to new RAKBANK customers operating as Sole Proprietors or Individual LLCs, who can apply at quickapply.rakbank.ae.
Vishal Shah, Managing Director and Head of Business Banking Group at RAKBANK, said the bank currently serves more than 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 to reach their full potential,” Shah said.
