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National Bank of Fujairah cements commitment to the trade finance sector by supporting the GTR MENA 2019

With unparalleled trade finance expertise, the bank aims to drive forward-thinking solutions to the trade finance sector in the region

National Bank of Fujairah (NBF) PJSC, announced its participation at the 16th edition of the GTR MENA 2019 which is taking place in Dubai between 18th to the 21st February. With featured attendance from key and established figures in the regional and global market, this event represents the premium trade finance gathering in the Middle East welcoming over 500 delegates of the region’s key players.

NBF’s contribution represents its growing commitment to supporting businesses in the UAE and its dedication to propel regional and international trade out of the UAE. As the growth of businesses makes up a key pillar of the economy, GTR MENA enables decision-makers to reflect on the best ways to strengthen the business community’s capabilities and drive it forward. Recognising the impact of this platform, the bank has made an investment to further the growth of the trade finance sector in this region and will continue to bolster its efforts towards developing this promising space by investing in the right platforms and in growth-oriented channels.

NBF is a member of and also a regular participant at the International Chamber of Commerce's UAE Chapter highlighting its growing reputation as the leading provider of trade finance solutions. With partnerships that stretch over two decades, the bank has shown unparalleled commitment to supporting its clients’ journey towards success by extending end-to-end lending solutions. NBF boasts an extensive network of correspondent banks both in the UAE and abroad offers a one-stop shop for all its clients’ export requirements as well as a dedicated team offering tailored solutions for import activities.

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 and Shari’a compliant services. 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 LLC and Investment Corporation of Dubai. 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, the bank is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. It has a branch network of 18 across the UAE.

 

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