National Bank of Fujairah (NBF) has launched its latest branch, this time located in Taiwan, Fujairah
NBF consolidates brand presence in Fujairah National Bank of Fujairah opens new branch in Tawain – NBF now dominant banking services brand in ‘home’ emirate
The National Bank of Fujairah (NBF) has launched its latest branch, this time located in Tawain, Fujairah. The opening is a part of NBF's business strategy to consolidate its brand presence in key 'home' markets. Officially opened by HH Sheikh Saleh bin Mohammed Al Sharqi, Chairman, NBF, the Tawain branch now increases NBF's national network to twelve branches, five of which are situated in Fujairah.
"Although maritime revenue is key to the local economy, Fujairah is diversifying with exciting infrastructure plans to support the fledgling travel and tourism trade, the new freehold developments and further expansion in the Free Trade Zone. This takes our total number of branches in Fujairah to five and will enable us to consolidate our brand presence on 'home soil' while supporting Fujairah's entrepreneurial spirit," commented HH Sheikh Saleh bin Mohammed Al Sharqi, Chairman, NBF.
About National Bank of Fujairah
National Bank of Fujairah started operations in 1984 in the Emirate of Fujairah. Its key shareholders include the Government of Fujairah (39%) and the Government of Dubai (10%). It is primarily a corporate bank with strong trade finance expertise, and rapidly growing businesses in Wealth Management and SME financing. National Bank of Fujairah is currently deepening its product range by selectively expanding its retail banking services while continuing to build its core businesses. NBF's current branch network stands at 12.
NBF is listed on the Abu Dhabi Securities Market under the symbol "NBF".