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National Bank of Fujairah

Membership Category

CorporateMembershipUptoThree

Membership No.

0040

Commission

Banking

Company Profile

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, sectorial expertise, and market insight within Fujairah and the UAE, NBF is well-positioned to build long lasting relationships with its clients and help them succeed. Given its customer-centric approach and commitment to exceed clients’ expectations, NBF stands today as the bank of choice for businesses in the UAE.

NBF's key shareholders include the Government of Fujairah, Easa Saleh Al Gurg Company LLC and Investment Corporation of Dubai. Rated Baa1/Prime-2 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 an expanding geographical coverage aimed at catering to clients’ business requirements with a branch network of 16 across the UAE.

With its strong correspondent network and suite of specialised business solutions, NBF has long played an active role in the development and promotion of local and international trade. It won the ‘Best Trade Finance Bank’ at 2014 Trade and Export Excellence Awards and has also been recognised as “Best SME Trade Finance Offering” at the Banker Middle East awards for four years in a row, alongside similar accolades for its commercial banking and treasury management capabilities in prestigious regional and international platforms.

With its solid track record, strong cultural heritage, deep market insight and unwavering focus on service and innovation, NBF seeks to develop lasting relationships with our customers built around adding value to their business needs and helping them leverage growth opportunities in the ever-changing marketplace.

Represented by:

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Madhavan Rajagopalan

Head – Trade Services

Madhavan is currently Head of Trade Services. He has over 30 years of Banking and Trade Finance experience in UAE and Qatar.

Prior to his role as Head of Trade Services he held various position within National Bank of Fujairah PJSC as Unit Head-Trade Sales, Executive-Trade Finance Products & Unit Head- Trade Services and he was responsible for developing & managing Trade Finance products including Factoring and Structured Trade Financing and introducing various process improvements within Trade Finance.

Madhavan was also instrumental in building up Bank’s Trade Services team and developing various operational process & procedure.

He was formerly Head of Trade Operations for Qatar’s Al Khalij Commercial Bank where he was responsible for developing Trade Finance procedure & processes and also forming its Trade Services team.