National Bank of Fujairah

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National Bank of Fujairah
Native name
بنك الفجيرة الوطني
TypePublic bank
ADX: NBF
ISINAEN000801011
IndustryFinancial services
FoundedOctober 16, 1982 (1982-10-16)
Headquarters,
Key people
Saleh Bin Mohamed Bin Hamad Al Sharqi
(Chairman)
Adnan Anwar (CEO)[1]
RevenueAED 1,2 billion (2025)
(USD 326 million)[2]
Total assetsAED 69,4 billion (2025)
(USD 19 billion)[2]
Number of employees
878 (2025)
Websitewww.nbf.ae

National Bank of Fujairah (Arabic: بنك الفجيرة الوطني; NBF) is a medium-sized Emirati bank; 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”.[3]

National Bank of Fujairah provides corporate 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.[4]

History

The bank was established The bank was established on October 16, 1982, through Emiri Decree No. 7/1982 and commenced operations on September 20, 1984.

In 2006, NBF Launched its retail banking division and small-and-medium enterprise (SME) services to build a low-cost deposit base.[5]

Shareholding

The bank's shareholders' profile, as of March 31, 2026 [6]

  • Department of Industry and Economy - Government of Fujairah - 50.33%
  • Easa Saleh Al Gurg LLC - 18.54%
  • Investment Corporation of Dubai - 7.54%
  • Fujairah Investment Company - 5.04%
  • Citizens of the United Arab Emirates - 18.55%

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).

References