National Bank of Fujairah concludes its participation at 59th ACI World Congress
National Bank of Fujairah (NBF) PJSC, announced its participation and sponsorship at the 59th ACI World Congress and 45th ICA Conference & Exhibition, hosted by the UAE Financial Market Association (UAEFMA) and held between November 17 to 20 2021. The event brought together over 400+ top government officials, central bank governors and CEOs, senior economists, and senior bankers from around the world that discussed pressing topics and issues related to the economic sector and solutions to boost its growth considering the recent COVID-19 pandemic.
National Bank of Fujairah has been a long-standing supporter of the efforts and initiatives of the UAEFMA in its efforts to promote UAE as one of the major global financial market hubs in the region and the world. The ACI-ICA event offered a unique platform for global and regional banking counterparts to exchange ideas, ventures & opportunities, as the region and the world emerges from the COVID-19 pandemic against the backdrop of resurgence in macroeconomic activity, ESG awareness, and investments in technology and healthcare. NBF takes pride in supporting the UAEFMA and the objectives of the ACI-ICA event to influence and serve the country’s economic ambitions and support in providing the building blocks to accelerate the development of a knowledge-based economy.
Commenting on the event, Vince Cook NBF’s CEO, said: “In the past few years, NBF has strengthened its position as a financial institution that not only delivers value to its stakeholders and customers, but also one that empowers and engages with influential decision makers to create a rippling positive impact in the development of the economic sector while also committing to the economic goals and strategies set by the UAE’s leadership for the prosperity of the country”.
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 with a stable outlook; and BBB / A-2 by Standard & Poor’s 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 (of which 1 is an electronic banking service unit) across the UAE.
For further information, please contact:
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Telephone: +971 4 507 8351 and +971 4 507 8576