National Bank of Fujairah hosts first Design Thinking Workshop for SMEs

The interactive session will enable the co-creation of a dedicated banking platform for SMEs by SMEs

  
National Bank of Fujairah hosts first Design Thinking Workshop for SMEs
  • Attendees included SMEs across various sectors - audit, accountancy, e-retail, beauty, trading, engineering and chemical distribution

Dubai: National Bank of Fujairah (NBF) PJSC hosted the first edition of its Design Thinking Workshop in Dubai that brought together small and medium enterprises (SMEs) across business verticals to discuss wide ranging issues such as banking requirements, transactions, fees, operations, VAT compliance and regulatory law. The interactive session was aimed at collecting feedback from SMEs to help NBF build a platform that will be an exclusive digital space co-created with SMEs to understand and address their needs better.

Participants included SMEs across a wide range of industries and four additional workshops are being planned within the next few months to give SMEs an opportunity to voice their banking needs and offer effective solutions that help the sector flourish.      

Devid Jegerson, Head of Customer Experience and Platform Development, said: “The Design Thinking Workshop is a fundamental step to fulfilling our goal of building a unique SME community and banking platform in the UAE. The discussion and insights from these sessions is a strategic process to understand SME needs and create bespoke banking solutions. The workshop reiterates our commitment to develop a dedicated online community for SMEs to interact with peers, share knowledge and gain access to beneficial resources on government policies.”

Positioned as a community platform for SMEs by SMEs, NBF’s SME banking platform will leverage the latest business solutions and skilled expertise, and will evolve into a unique space for SMEs to access banking requirements, find and interact with peers, and create ideas that can address specific business challenges.

SMEs in the UAE interested in joining the networking platform can log on to https://community.nbf.ae/ 

-Ends-

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’a 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 18 (of which 1 is an electronic banking service unit) across the UAE.

For further information, please contact:
Strategic Marketing and Communications Department
E-mail: CorpComm@nbf.ae
Telephone: +971 4 397 1700
Facsimile: +971 4 397 5385

Sweta Sewa Chatterjee
BPG Orange
E-mail: sweta.chatterjee@bpgorange.com         
Telephone: + 971 4 506 5577/+971 55 275 1846

© Press Release 2019

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