National Bank of Fujairah inaugurates latest branch in Al Quoz
Latest addition to UAE network part of bank’s expansion plans; highlights growth in commercial banking and retail segments
National Bank of Fujairah (NBF) PJSC today announced the official launch of the bank's newest branch in the Al Quoz area of Dubai. It was inaugurated by NBF board member Dr. Sulaiman Jassim and chief executive officer Vince Cook in the presence of other senior bank personnel, and brings NBF's total branch network nationwide to 15.
Prominently located along Sheikh Zayed Road and situated in a predominantly commercial area populated by companies from steel suppliers to auto showrooms, NBF's Al Quoz branch aims to provide customers with convenient access to its award-winning commercial banking services and growing suite of retail banking products. These range from the recently launched business loan/overdraft and structured trade commodity financing facilities for companies as well as a car loan campaign launched in commemoration of the branch launch.
Spanning 6,000 sq ft, the Al Quoz branch is also part of NBF's ongoing efforts to enhance its network in the UAE; the bank is currently renovating its Dibba branch in Fujairah and exploring new locations such as the Fujairah Free Zone.
CEO Vince Cook said that the Al Quoz branch, like its sister branches in Bur Dubai and Jebel Ali, are strategically located to provide greater coverage to key trading and business hubs in Dubai.
"We are pleased to enhance our network with the introduction of the Al Quoz branch, and are confident that it would bring tremendous benefit to companies in the area.
"As one of the leading commercial banks in the UAE, we continue to invest in our infrastructure and customer touch points to be closer to customers and adapt better to their needs. Our decision to have a physical location in Al Quoz is therefore not just a reflection of the positive growth we are witnessing in our commercial and retail banking segments, but will play a significant role in our efforts to support clients in their ongoing success."
NBF Al Quoz Branch
Branch manager: Abdalla Lootah
Shop #14, The Curve Bldg., next to Audi showroom,
Sheikh Zayed Road, Al Quoz
PO Box 126565, Dubai
About National Bank of Fujairah PJSC:
Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding suite of personal banking options. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.
NBF's key shareholders include the Government of Fujairah, Easa Saleh Al Gurg Company LLC and Investment Corporation of Dubai. Rated Baa1/Prime-2 by Moody's and BBB+/A-2 by Standard & Poor's, both with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange under the symbol "NBF". It has a branch network of 15 across the UAE.