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National Bank Of Fujairah
National Bank of Fujairah is a full-service corporate bank that offers corporate and commercial banking, treasury and trade finance services, personal banking options, and Shari’a-compliant services. The bank is 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. It is listed on the Abu Dhabi Securities Exchange Abu Dhabi Securities Exchange (A.D.X.; formerly Abu Dhabi Securities Market (ADSM); ar, سوق أبو ظبي للأوراق المالية) is a stock exchange in Abu Dhabi, United Arab Emirates (UAE). Listed companies by sector List provided ... under the symbol “NBF”. Business focus National Bank of Fujairah provides corporate banking, business banking, personal banking services along with trade finance, treasury, cash management, precious metals and diamonds and Islamic banking support. In 2017, the bank was the first conventional bank to join Nasdaq Dubai’ ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Vince Cook
Vince is a given name, it is the anglicisation and shortened form of the name Vincent, as well as a surname. It may refer to: Given name People * Vince Agnew (born 1987), American football player * Vince Cable (born 1943), British politician * Vince Carter (born 1977), basketball player * Vince Catania (born 1977), Australian politician * Vince Clarke (born 1960), English musician with Erasure * Vince Clarke (cricketer) (born 1971), English cricketer * Vince Coleman (other), multiple people * Vince Courville (born 1959), American football player * Vince DiMaggio (1912–1986), American baseball player, older brother of Joe DiMaggio * Vince Dooley (born 1932), American football coach * Vince Gill (born 1957), American country music singer, songwriter and musician *Vince Gilligan (born 1967), American writer, producer, as well as creator and director of AMC's ''Breaking Bad'' & spin-off ''Better Call Saul'' * Vince Giordano (born 1952), American musician * Vince Guara ...
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Fujairah
Fujairah City ( ar, الفجيرة) is the capital of the emirate of Fujairah in the United Arab Emirates. It is the seventh-largest city in UAE, located on the Gulf of Oman (part of the Indian Ocean). It is the only Emirati capital city on the UAE's east coast. The city of Fujairah is an industrial and commercial hub located on the east coast of the Indian Ocean that sits at the foothills of the Hajar Mountains. Demographics In 2016, the city had a population of 97,226, a significant number (43%) compared to 225,360 in the entire emirate. Commercial Fujairah City is the main business and commercial centre for the emirate, with tall office buildings lining Hamad Bin Abdulla Road, the main route into the city. The road runs through the city and connects Fujairah City to Dubai through the Emirate of Sharjah. The city's location provides direct access to the Indian Ocean for the United Arab Emirates, avoiding use of the Persian Gulf, which requires access via the Strait of Hormuz. ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Trade Finance
Trade finance is a phrase used to describe different strategies that are employed to make international trade easier. It signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade. Trade finance manifest itself in the form of letters of credit (LOC), guarantees or insurance and is usually provided by intermediaries. Description While a seller (or exporter) can require the purchaser (an importer) to prepay for goods shipped, the purchaser (importer) may wish to reduce risk by requiring the seller to document the goods that have been shipped. Banks may assist by providing various forms of support. For example, the importer's bank may provide a letter of credit to the exporter (or the exporter's bank) providing for payment upon presentation of cer ...
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Moody’s Investors Service
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides international financial research on bonds issued by commercial and government entities. Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies. It is also included in the Fortune 500 list of 2021. The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default. Moody's Investors Service rates debt securities in several bond market segments. These include government, municipal and corporate bonds; managed investments such as money market funds and fixed-income funds; financial institutions including banks and non-bank finance companies; and asset classes in structured finance. In Moody's Investors Service's ra ...
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Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange (A.D.X.; formerly Abu Dhabi Securities Market (ADSM); ar, سوق أبو ظبي للأوراق المالية) is a stock exchange in Abu Dhabi, United Arab Emirates (UAE). Listed companies by sector List provided by Emirates Securities & Commodities Authority (SCA), including 73 companies in 4 sectors, whereas Abu Dhabi Securities Exchange provides more sectors. Banking Sector *ADCB: Abu Dhabi Commercial Bank *ADIB: Abu Dhabi Islamic Bank *BOS: Bank of Sharjah *CBI: Commercial Bank International *FGB: First Gulf Bank *FH: Finance House *INVESTB: Invest Bank *NBAD: National Bank of Abu Dhabi *NBF: National Bank of Fujairah *NBQ: National Bank of Umm Al Qawain *NBS: Sharjah Islamic Bank *NIB: Noor Bank *RAKBANK: The National Bank of Ras Al Khaima in UAE *UAB: United Arab Bank *UNB: Union National Bank Energy Sector *ADNOCDRILL: ADNOC Drilling *ADNOCDI ...
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Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ...
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Banks Of The United Arab Emirates
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 1982
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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