Does cashback earned expire?
Cashback earned will be valid for 24 months from the date they are accrued. Any accrued cashback should be redeemed before the card is cancelled. Unclaimed cashback will be forfeited after the card is cancelled.
Where can I find out about NBF’s dividend pay-out history?
You can review NBF's dividend pay-out trend by clicking here.
Am I allowed any deferrals?
Yes, you are allowed one deferral a year, subject to certain criteria being met.
Am I eligible for a zero balance account?
NBF works on relationship-based banking. In order to enjoy a zero balance account, you must have your salary transferred into your NBF account monthly. Alternatively, based on your existing relationship with NBF, you may be eligible for a zero balance current account.
Is my share dividend paid in the form of cash or bonus shares?
The distribution of dividend and its form is approved at the Annual General Meeting by the shareholders. Keep an eye on our Financial Calendar for shareholder meeting dates.
When are dividends paid?
Dividends are paid to entitled shareholders within 30 days of the Annual General Meeting, which is held within four months following the year-end.
Am I ready to buy a home?
This depends on your financial situation as well as your present and future plans. Here are some questions which could help you decide:
- Do you have other financial commitments (e.g. auto loan, personal loan)?
- Do you have a secure and steady job?
- Do you have a steady source of income?
- Do you usually have additional funds at the end of each month?
- Do you have money saved for a down payment?
- Do you have the ability to pay a mortgage every month, plus additional costs?
If you can answer YES to all of these questions, you are probably ready to buy your own home.
Are expatriates eligible for an NBF Construction Loan?
No, only UAE nationals can apply for a Construction Loan.
How will I receive my dividends?
Dividends are paid as follows:
- As cheques, delivered to the address specified in our records
- Remitted to the bank account of shareholders maintained with another bank if the mandate is signed
What is the structure of NBF-issued share capital?
The authorised capital of NBF is set at the amount of AED 1,850,011,482 (Dirhams one billion, one hundred eighty two million five hundred thousand) divided into 1,182,500,000 (one billion, one hundred eighty two million, five hundred thousand) shares, with a nominal value of AED 1/- per share fully paid up.
Each share shall entitle its holder to a proportion indiscriminately equal to the proportions of the other shareholders in the ownership of the Company's assets and in the dividends distributed.