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NBF 2017 profit surges 5.5pc to $249mThe National Bank of Fujairah (NBF) has reported an increased operating profit for 2017 of Dh913.6 million ($249 million), up by 5.5 per cent from the 2016 figure of Dh866 million, a media report said. The bank’s strong oper More… |
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NBF joins Nasdaq Dubai Islamic financing platformNational Bank of Fujairah (NBF) has joined Nasdaq Dubai’s rapidly expanding Islamic financing Murabaha platform, which offers unique advantages to financial institutions and clients seeking Sharia’a-compliant solutions and trading op More… |
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National Bank of Fujairah Q2 net profit up 24.4pcNational Bank of Fujairah (NBF) posted a net profit of Dh154.9 million ($42.17 million) in the second quarter of 2017, a rise of 24.4 per cent over the corresponding quarter of 2016. The result reflects an improvement in the impai More… |
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NBF sees market-leading loan growth this yearNational Bank of Fujairah (NBF) expects to outperform its rivals with double-digit loan growth in 2015 as buoyant demand in sectors such as trade finance, services, manufacturing and education offset slight softness in the infrastructure market, More… |
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Bank of Fujairah plans big Africa expansionNational Bank of Fujairah (NBF) may open trade finance offices in Africa as part of an expansion of foreign business that is taking the bank far from its roots in one of the more remote, less developed parts of the UAE. With its h More… |
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NBF to replace Barclays on UAE rate panelNational Bank of Fujairah (NBF) has been chosen to replace Barclays on the panel which sets the United Arab Emirates' indicative interbank lending rates, banking sources told Reuters. Barclays said in July it was withdrawing from th More… |
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NBF named best commercial bank at Banker MENational Bank of Fujairah (NBF) has been awarded the Best Commercial Bank at this year’s Banker Middle East Industry Awards held recently in Dubai. This is NBF’s third business award following similar accolades from Banker ME for its trade More… |
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NBF arranges $72m loan for PCSNational Bank of Fujairah (NBF) has closed a Dh265 million ($72.16 million) syndicated loan for Pacific Control Systems (PCS), the bank said. The bank acted as the mandated lead arranger, bookrunner and underwriter for the facility. More… |
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National Bank of Fujairah Q1 up 27.3pcNational Bank of Fujairah (NBF), a full services corporate bank in the UAE, has announced a first quarter net profit of Dh64.5 million ($17.5 million), up 27.3 per cent from Dh50.6 million last year. Announcing the results, NBF said More… |
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NBF to distribute 39.2pc cash dividendsUAE-based National Bank of Fujairah (NBF) said its board has approved the distribution of 39.2 per cent of the 2011 profit as cash dividends to the investors following its solid results. The NBF had in January reported a 64.4 per More… |
