National Bank of Fujairah


National Bank of Fujairah is a full-service corporate bank that offers corporate and commercial banking, treasury and trade finance services as well as personal banking options and Shari’a compliant services.
The bank is rated Baa1/Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB+/A-2 by Standard & Poor’s, both with a stable outlook. It is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”.

Business focus

National Bank of Fujairah provides corporate banking, business banking, personal banking services along with trade finance, treasury, cash management, precious metals and diamonds and Islamic banking support. The bank also provide a broad spectrum of specialized solutions ranging from equipment financing to Elham, a suite of banking services for Emirati businesswomen. In 2017, the bank was the first conventional bank to join Nasdaq Dubai’s Islamic Murabaha platform for Islamic financing. The bank also offers advisory services through its independent subsidiary, NBF Capital Limited.
The bank has also launched the ‘NBF Direct’ platform for real-time online and mobile banking for corporate and retail clients.

Branch network

The bank has branches across the UAE, with head offices in Dubai and Fujairah.
The bank was established in 1982 and commenced operations in 1984.

Ownership

The bank's shareholders' profile, as at May 31, 2018, is as follows :
The bank has 3 subsidiaries:

NBF Financial Services FZC

Established in December 2004, with limited liability status in the Fujairah Free Trade Zone, NBF Financial Services FZC provides the bank with key financial advisory and support services.

NBF Capital Ltd, DIFC

Registered in the Dubai International Financial Centre as a company limited by shares under DIFC laws and regulations and regulated by the Dubai Financial Services Authority.
The Company was established on April 3, 2013 and commenced operations on May 12, 2013. The principal business activities of the Company are arranging credit or deals in investments and advising on financial products or credit.

NBF Markets (Cayman) Ltd

Registered in the Cayman Islands as an exempted company limited by shares under the Companies Law of the Cayman Islands and regulated by the Cayman Island Government General Registry.
The Company was established on 31 January 2017 to provide support services to the Bank to enter into foreign exchange and derivative transactions with financial institutions / counterparties under the terms and conditions of International Swaps and Derivatives Association.

Board of Directors