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PRODUCT AWARDS NOMINATIONS: UAE.

Ajman Bank

Best Call Centre

Best Cash Management

Best Corporate Account

Best Corporate Advisory Service Best Car Loan

Best Premium Islamic Bank

Best Treasury Management

Best New Investment Product

The bank started with a paid up capital of AED 1 billion. The bank is supported by the Government of Ajman, which owns 25 per cent and it is also supported by leading financial institutions and private individuals from the UAE. The bank has taken an initial public offering of 55 per cent of its equity to raise capital to fund its aggressive roll-out strategy to support its objective of becoming one of the UAE's favourite financial services providers. The IPO for Ajman Bank was more than 85 times oversubscribed. The bank is listed on the Dubai Financial Market since Feb 08.

The Bank's strategy is to target the rapidly expanding Shari'ah financial services market with innovative products and services, designed to meet customers' needs, all supported with outstanding levels of customer service.

Headquartered in the Emirate of Ajman, the bank launched its first two branches in Ajman and has now branches spread across the UAE offering its range of innovative products and services.

Ajman Bank will also offer tailored products, with its product range, designed to meet various customers' needs. Ajman Bank's Shari'ah- compliant products are structured using Islamic financing techniques, among others: Mudaraba, Ijarah, Musharakh, and Istisna'a.

Ajman Bank's strategy of offering a comprehensive range of Shari'ah banking products and services is also intended to support the economic development of the Emirate of Ajman and the UAE, through committing to the highest standards of professionalism, compliance and flexibility.

In the pursuit to achieve this goal, the Corporate and Institutional Banking Group of Ajman Bank has formulated a strategy based on customer focus, tailor made product solutions and use of modern technology to integrate customers with the bank's operations.

Ajman Bank has stated that it fully understands the complexity of businesses embedded in changing environments and has solutions to meet the demands and challenges of the corporate sector.

In the Corporate and Institutional Banking Group, Ajman Bank has a team of qualified professionals with a wealth of experience, sectorial and geographically in almost all aspects such as: complete understanding of customers business, in-depth knowledge of various industrial sectors, and innovative Shari'ah-compliant solutions.

National Bonds Corporation

Best Savings Product

National Bonds Corporation PJSC is a leading investment company that takes pride in its innovative Shari'ah approach to financial products and services; catering to a substantial and diversified client base of retail customers, high-net-worth individuals, and corporations.

National Bonds offers direct wealth accumulation through an all-in-one Shari'ah-compliant Mudaraba-based saving scheme, the first of its kind in the world. The company's strong belief in the pivotal role of savings in building a stronger economy helped its customers achieve their own financial future objectives through disciplined and regular saving habits. And it's committed to keep shaping a brighter financial future for today's and tomorrow's generations.

National Bonds is a private joint stock shareholding company, established in March 2006 with a paid-up capital of AED 150 million. It is 100 per cent owned by The Investment Corporation of Dubai, the investment arm of the Dubai Government. NBC is licensed and regulated by the UAE Central Bank, and audited by Dubai Government Audit Department, Sharia Supervisory Board as well as reputable international external auditors.

National Bank of Fujairah

Best Corporate Advisory Service

Best Customer Service - Corporate & Invest

Best Forex Trading Service

Best SME Customer Service

Best SME Exchange Service

Best SME Internet Banking Service

Best Trade Finance Offering

Best SME Trade Finance Offering

Best Treasury Management

Incorporated in 1982, the National Bank of Fujairah has a long established reputation for excellence in the areas of corporate and commercial banking, trade finance and treasury. More recently, it has expanded its range of services to include comprehensive personal banking options.

NBF's commitment to the economic development of the UAE and home Emirate of Fujairah is evident through its support of industries ranging from oil and shipping to services, manufacturing, construction, education and healthcare. The Bank's firm financial footing is also well-recognised in the capital markets, where it is the partner-of-choice for leading global counterparties in regional syndications.

With its solid track record, strong cultural heritage, deep market insight and unwavering focus on service and innovation, it seeks to develop lasting relationships with our customers as it helps them leverage growth opportunities in the ever-changing marketplace.

VISION AND MISSION

As a bank born and bred in the UAE, NBF celebrates its cultural heritage by playing a proactive role in the development of the local community.

It believes in cultivating rewarding relationships with customers by providing them with the very best in financial services, innovation and service delivery.

Similarly, it continuously strive towards the creation of a stimulating environment that allows our people to pursue their own personal and professional development.

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Publication:Banker Middle East
Geographic Code:7UNIT
Date:Jan 31, 2015
Words:824
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