NBF wins ‘Best Domestic Trade Finance Service – UAE’ award

By Shilpa Annie Joseph, Official Reporter
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NBF wins prestigious Euromoney award
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National Bank of Fujairah (NBF) has won the award for Best Domestic Trade Finance Service – UAE in the prestigious 2024 Euromoney Trade Finance Survey.

The award, voted for by NBF trade finance customers, recognizes NBF’s outstanding contribution to the trade finance sector, and is the latest acknowledgement of NBF as a regional leader in this field, after the bank won multiple awards in 2023.

According to the statement, NBF has deep sector knowledge and an in-depth understanding of trade finance which enables it to service clients across the UAE with customized solutions. With the flexibility and ability to tailor any solutions to best suit customers’ requirements, NBF regularly provides its customers with intelligence to keep them abreast of all developments in order to help them thrive in all macroeconomic conditions.

The bank is also developing a digital trade finance ecosystem that will enable it to work with an even wider range of business segments than at present.

“Industry recognition of NBF’s excellence in the UAE banking sector has been growing as the bank’s extensive array of solutions continues to meet and exceed customer requirements. The bank most recently won three awards at the MEA Finance Industry Awards in November, including Best Trade Finance Provider,” as per the statement.

The annual Euromoney Trade Finance survey provides valuable information on the global trade finance market. The feedback of thousands of users of trade finance services is analyzed, and providers are ranked across a range of categories at global, regional, and national levels.

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