Results

NBF - National Bank of Fujairah PSC

03/15/2023 | Press release | Distributed by Public on 03/15/2023 04:01

National Bank of Fujairah supports the enhancement of the global trade ecosystem, in line with the UAE’s vision towards economic growth

Back to Press Release

National Bank of Fujairah supports the enhancement of the global trade ecosystem, in line with the UAE's vision towards economic growth

15 March 2023

NBF announced as sponsor and keynote speaker for the Global Trade Facilitation Summit 2023, taking place in Dubai

The National Bank of Fujairah (NBF) announces its sponsorship of, and participation in, the Global Trade Facilitation Summit 2023. Organised by ICC UAE and hosted by Dubai Chambers, the second edition will welcome key stakeholders in trade facilitation to share their experiences and expertise under the strategic theme of 'Trade Transformation and Technology'.

Taking place from 15th - 16th March, the summit will provide an opportunity for banks, trade finance professionals, traders, importers, exporters, lawyers, and other business professionals to convene and gain insights into trends, developments, and legal and technical issues impacting global trade & finance.

With more than 500 delegates from the UAE, and across the MENA region expected to attend the conference, Adnan Anwar, Deputy CEO of NBF, will be a keynote speaker on the first day. Commenting on the bank's participation, Adnan Anwar said: "Our sponsorship and participation reaffirms our position as a leading finance partner and global trade expert, and we look forward to the insightful discussions set to take place at this year's conference."

He continued: "As a local bank, we are renowned for our deep sector knowledge and international trade expertise, and in line with the UAE's vision towards economic diversification and growth, we are committed to supporting the global trade finance system by providing impactful and sustainable banking solutions."

With global trade and finance currently facing a number of challenges and ongoing uncertainties, a series of panel discussions and presentations at GTFS2023 will focus on key themes and topics such as sustaining trade in challenging times, sustainability and expectations for ESG in the run up to COP28, and trade transformation through technology and regulation.

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'ah 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 15 (of which 1 is an electronic banking service unit) across the UAE.

For further information, please contact:

Strategic Marketing and Communications Department

E-mail: [email protected]and [email protected]

Telephone: +971 4 507 8351 and +971 4 507 8576