National Bank of Fujairah, UAE — A Premier Financial Powerhouse in the Emirates
The National Bank of Fujairah (NBF) has quietly emerged as one of the UAE’s most dynamic and strategically positioned financial institutions. With its deep roots in the Emirate of Fujairah and a reputation for servicing both corporate giants and individual clients, NBF exemplifies the blend of tradition and innovation that defines modern banking in the United Arab Emirates.
Whether you’re a business owner seeking trade finance or a resident exploring Shariah-compliant savings options, NBF offers far more than conventional banking—it serves as a vital financial ecosystem supporting the UAE’s thriving economy.
A Legacy of Trust and Specialization Since 1982
Founded by royal decree in 1982 and operational since 1984, the National Bank of Fujairah PJSC is a publicly listed entity on the Abu Dhabi Securities Exchange (ADX) under the symbol “NBF”. Headquartered in the scenic emirate of Fujairah, the bank has evolved into a full-service commercial and investment bank offering everything from Islamic banking to precious metals trading.
NBF isn’t just another local bank. It’s a financial backbone for sectors like shipping, oil & gas, healthcare, education, construction, and manufacturing—industries central to the UAE’s economic diversification strategy.
Nationwide Presence: Where to Find NBF
Despite its name, the National Bank of Fujairah has a robust presence across the UAE. With 14 branches strategically located in key cities and industrial zones, the bank ensures accessibility to individuals and corporations alike.
NBF Branch Locations Include:
- Abu Dhabi & Mussafah
- Dubai (Bur Dubai, Jebel Ali, Al Ras)
- Sharjah
- Al Ain
- Fujairah (City, Free Zone, Court, Qidfah, Masafi, Tawian)
- Dibba
These locations enable NBF to cater to both retail banking customers and industrial clientele operating in free zones, ports, and logistics hubs.
What Services Does the National Bank of Fujairah Offer?
NBF provides a comprehensive suite of financial services tailored to individuals, SMEs, and corporates.
🔹 Personal Banking
- Savings & Current Accounts
- Debit & Credit Cards
- Auto, Home & Personal Loans
- Motor Insurance
- Mobile & Internet Banking
🔹 Business Banking
- SME Lending Solutions
- Working Capital Finance
- Advisory for Startups & Established Businesses
- Transaction Banking
- Treasury & Cash Flow Management
🔹 Islamic Banking
NBF has carved a niche in Shariah-compliant financing, notably becoming the first conventional bank to join Nasdaq Dubai’s Islamic Murabaha platform in 2017. From Islamic accounts to trade finance solutions adhering to Islamic principles, NBF is a trusted partner for faith-aligned finance.
🔹 Trade & Treasury Services
Given Fujairah’s strategic location along the Gulf of Oman, NBF is a go-to bank for international trade services, forex solutions, and precious metals financing, especially for companies dealing in gold, diamonds, and other commodities.
🏛️ Ownership: Rooted in UAE’s Economic Leadership
NBF’s shareholder structure reflects its deep connection to the UAE’s ruling and business elite:
- Department of Industry and Economy, Government of Fujairah – 49.45%
- Easa Saleh Al Gurg LLC – 18.54%
- Investment Corporation of Dubai – 7.54%
- Fujairah Investment Company – 5.22%
- UAE Citizens – 24.47%
This diversified yet Emirati-driven ownership ensures that NBF’s strategic direction aligns with national development goals, offering stability and long-term vision.
Subsidiaries and International Reach
NBF operates with two major subsidiaries:
1. NBF Financial Services FZC
Established in 2004 in the Fujairah Free Trade Zone, this entity provides financial advisory and strategic support services within the UAE.
2. NBF Markets (Cayman) Ltd
Incorporated in the Cayman Islands in 2017, this subsidiary allows NBF to engage in foreign exchange and derivative transactions under ISDA terms, enhancing the bank’s treasury capabilities and risk management.
Leadership & Governance
The bank’s leadership is anchored by a blend of royal lineage and seasoned executives:
Board of Directors
- Sheikh Saleh Bin Mohamed Bin Hamad Al Sharqi – Chairman
- Dr. Raja Easa Al Gurg – Deputy Chairperson
- Additional board members include representatives from major Emirati families and business groups.
Executive Management
- Adnan Anwar – CEO
- Brian Mulholland – CFO
- Daniel Lima – Chief Risk Officer
- Sharif Mohd. Rafei – Head of Retail Banking
- Mahendra Dhillon – Chief Operations & Technology Officer
Why the National Bank of Fujairah Stands Out in the UAE
In a market crowded with both local and international banks, NBF distinguishes itself through:
- Strong sectoral focus on trade, infrastructure, and energy
- Emphasis on SME and corporate banking
- Innovative Islamic finance offerings
- Leadership in precious metals and commodity finance
- Emirati-led vision with global practices
From bustling industrial zones in Jebel Ali to the serene mountain ranges of Fujairah, NBF’s banking solutions are tailored to suit regional complexities with global sophistication.
📲 Explore More with TheDubaiWeb.com
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Frequently Asked Questions (FAQs)
Who owns the National Bank of Fujairah?
The majority stakeholder is the Government of Fujairah’s Department of Industry and Economy, owning approximately 49.45%, followed by several prominent Emirati business groups and citizens.
Which country is the National Bank of Fujairah based in?
It is based in the United Arab Emirates, with its corporate headquarters in Fujairah.
Is the National Bank of Fujairah an Islamic bank?
While NBF is a conventional bank, it offers a comprehensive range of Islamic banking services, including participation in Nasdaq Dubai’s Islamic Murabaha platform.
What makes NBF different from other UAE banks?
NBF is unique in its sectoral specialization, precious metals expertise, and deep integration with Fujairah’s economic development. It’s also a preferred bank for SMEs and businesses in high-growth sectors.
Which is the best bank in the UAE?
“Best” varies by need, but NBF is highly regarded for its SME support, Shariah-compliant services, and trade finance expertise—making it a top contender in the UAE’s competitive banking ecosystem.
Visit www.nbf.ae for more, or explore our financial guides and UAE banking insights right here on TheDubaiWeb.com — your go-to source for what’s shaping Dubai and the wider Emirates.
Related Banking Guide:
- Abu Dhabi Commercial Bank
- Abu Dhabi Islamic Bank
- Emirates NBD
- First Abu Dhabi Bank
- Arab Bank
- Mashreq Bank
- HSBC Bank Middle East
- RAKBANK
- Al Hilal Bank
- Arab Banking Corporation
- Ajman Bank
- Emirates Islamic Bank
