National Bank of Fujairah launches NBF Emerging Business Unit, to nurture the nation’s SMEs
Unit will be dedicated to empowering entrepreneurs, fostering growth, and offering tailored banking solutions along with personalised service
Dubai – 2 September 2024 — The National Bank of Fujairah (NBF) has today announced the launch of the NBF Emerging Business Unit, to provide personalised service and the support needed for businesses to achieve their aspirations.
Customers of the new unit will have a dedicated relationship manager who will build a deep understanding of their business needs, and from that craft the optimal banking package to support the growth of their business. The new unit is offering services to both newly-formed entities and established SMEs in the UAE, with potential customers able to open their account effortlessly online, anytime, anywhere, without the need for branch visits through the newly launched digitally onboarding platform EDGE
The launch of the NBF Emerging Business Unit builds on the bank’s long-standing commitment to supporting SMEs with customised financial products and services, and fostering long-term partnerships with customers built on trust and deep sector expertise with focused approach to support help grow newly establishes/flexy desk and established companies banking solutions to meet their requirements in dynamic business environment .
Rehan Ali, Head of Business Banking at NBF, said: “The launch of the NBF Emerging Business Unit is a testament to our unwavering commitment to the SME sector, which is the backbone of the UAE's economy. By providing tailored banking solutions and dedicated support through our new unit, we aim to empower entrepreneurs and business owners to realise their full potential. Our personalised approach ensures that each customer receives the attention and expertise they need to grow and thrive in an increasingly competitive market. We are excited to be part of their journey and look forward to contributing to their success.”
NBF has most recently been awarded Most Innovative Commercial Bank by International Finance Awards and winner of the Most Innovative Trading Platform by MEA Finance Technology Awards.
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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’ah 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 14 across the UAE.
For further information, please contact:
Strategic Marketing and Communications Department
E-mail: CorpComm@nbf.ae and nbf@fourcommunications.com
Telephone: +971 4 507 8351 and +971 4 507 8576