National Bank of Fujairah

Last updated
National Bank of Fujairah
Native name
National Bank of Fujairah PJSC
Industry Financial services
Founded1984;41 years ago (1984)
HeadquartersHamad Bin Abdullah Street, PO Box 887 Al Fujairah Building, Khalid Bin Waleed Street, PO Box 2979, Dubai, ,
Key people
Adnan Anwar (CEO)
Number of employees
800+
Website https://www.nbf.ae/en

National Bank of Fujairah (NBF) is the trading name of National Bank of Fujairah PJSC, a public joint-stock company founded in 1982 by royal decree, with operations commencing in 1984. The bank is headquartered in the Emirate of Fujairah, United Arab Emirates, and is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. [1]

Contents

Business focus

National Bank of Fujairah provides corporate banking, business banking, and personal banking services along with trade finance, treasury, cash management, precious metals and diamonds, and Islamic banking support. In 2017, the bank was the first conventional bank to join Nasdaq Dubai’s Islamic Murabaha platform for Islamic financing. [2]

Branch network

The bank has 14 branches across the UAE, with head offices in Dubai and Fujairah.

Operations

The bank was established in 1982 and commenced operations in 1984.

Ownership

The bank's shareholders' profile, as of April 30, 2025, is as follows: [3]

  1. Department of Industry and Economy - Government of Fujairah 49.45 (47.0%)
  2. Easa Saleh Al Gurg LLC 18.54 (17.6%)
  3. Investment Corporation of Dubai 7.54 (7.17%)
  4. Fujairah Investment Company 5.22 (4.96%)
  5. Citizens of the United Arab Emirates 24.47 (23.3%)

Subsidiaries

The bank has 2 subsidiaries:

NBF Financial Services FZC

Established in December 2004, with limited liability status in the Fujairah Free Trade Zone, NBF Financial Services FZC provides the bank with key financial advisory and support services.

NBF Markets (Cayman) Ltd

Registered in the Cayman Islands as an exempted company limited by shares under the Companies Law (revised) of the Cayman Islands and regulated by the Cayman Island Government General Registry.

The Company was established on 31 January 2017 to provide support services to the Bank to enter into foreign exchange and derivative transactions with financial institutions / counterparties under the terms and conditions of the International Swaps and Derivatives Association (ISDA).

Board of directors

Management

References

  1. "National Bank of Fujairah PJSC". Bloomberg.
  2. "National Bank of Fujairah joins Nasdaq Dubai Murabaha Platform for enhanced and efficient Islamic financing". Nasdaq Dubai.
  3. "Shareholder Ownership Details". National Bank of Fujairah.