National Bank of Fujairah PJSC (NBF), UAE - Latest News and Developments

UAE banks' profits deteriorate; bad loans likely to go up

Challenging economic conditions result in higher non-performing loans for Q3

ZAWYA - 22-Nov-2020

Emirates Digital Wallet launches digital cash platform

Klip offers a simple way for users to transfer money to others via a mobile number

TradeArabia - 10-Sep-2020

Dual Shock: COVID-19, low oil price to hit GCC banks' profitability - Moody's

Narrower margins and contraction in lending will pressure revenue, according to the global ratings agency

ZAWYA - 06-Jul-2020

COVID-19: UAE banking sector could see more job cuts this year

Cost pressures and digitization will cause shift in post-COVID hiring as well

ZAWYA - 30-Jun-2020

Moody's revises outlook to negative on eight UAE banks

The global ratings agency regards the coronavirus outbreak as a social risk under its ESG framework

ZAWYA - 21-Jun-2020

UAE's Etihad Credit Insurance to protect National Bank of Fujairah's corporate customers against non-payment

Export credit company is also backing loans by FAB, ADCB, Emirates NBD, RAK Bank, HSBC, Standard Chartered and Natixis for UAE businesses.

Thomson Reuters Projects News - 19-Apr-2020

ECI inks strategic partnership with National Bank of Fujairah

To support businesses in the UAE by securing customer’s sales receivables

TradeArabia - 19-Apr-2020

National Bank of Fujairah appoints new Deputy Chairperson

Dr. Raja Al Gurg will be taking over the role of her father, Easa Saleh Al Gurg

WAM (Emirates News Agency) - 25-Mar-2020

NBF’s shareholders approve 10% dividends, 3.5% bonus shares

Approved dividends amount to $50.40mln

Mubasher - 18-Mar-2020

Dubai-based Manrre Logistics Fund considers Gulf expansion beyond UAE

The fund is considering buying assets in Oman's Sohar Port and the United Arab Emirates' Umm Al Quwain

Reuters News - 03-Mar-2020

Stocks	Last Price	% Change
AD COMMERCIAL BK	6.400 AED	0.63
BANK OF SHARJAH	0.636 AED	0.633
COMM BK INT'L	0.713 AED	0.00
INVEST BANK	0.450 AED	0.00
MASHREQ BANK	65.000 AED	0.00
DXB COMM BK	4.050 AED	0.00

National Bank of Fujairah PJSC (NBF.AD)

UAE banks' profits deteriorate; bad loans likely to go up

Emirates Digital Wallet launches digital cash platform

Dual Shock: COVID-19, low oil price to hit GCC banks' profitability - Moody's

COVID-19: UAE banking sector could see more job cuts this year

Moody's revises outlook to negative on eight UAE banks

UAE's Etihad Credit Insurance to protect National Bank of Fujairah's corporate customers against non-payment

ECI inks strategic partnership with National Bank of Fujairah

National Bank of Fujairah appoints new Deputy Chairperson

NBF’s shareholders approve 10% dividends, 3.5% bonus shares

Dubai-based Manrre Logistics Fund considers Gulf expansion beyond UAE

Company information provided by Refinitiv

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