- CEO
- Adnan Edris Mohamed Sharif Al-Awadhi
- Sector
- Finance
- Industry
- Regional banks
- Address
- Umm Al Qaiwain United Arab Emirates
- IPO Date
- Jun 25, 2005
- Business
- National Bank of Umm Al Qaiwain PSC (NBQ) is a United Arab Emirates-based financial institution engaged in the provision of retail, corporate, commercial, and investment banking products and services. The bank operates primarily through two core business segments: Retail and Corporate Banking, and Treasury and Investments. Its Retail Banking division provides individual clients with consumer financial products, including current accounts, savings accounts, call accounts, and term deposits; debit, credit, and prepaid cards; personal loans, auto loans, residential mortgages, and specialized UAE National loan schemes; overdraft facilities; safe deposit lockers; and digital banking platforms. The Corporate Banking division caters to small and medium-sized enterprises (SMEs), large corporations, and government and public sector institutions, offering working capital financing, term loans, syndicated facilities, equipment financing, and commercial mortgages; trade finance services, including letters of credit, documentary collections, letters of guarantee, and performance bonds; and liquidity management, payroll administration, and cash management solutions. The Treasury and Investments segment conducts money market operations, interbank placements, foreign exchange dealing, fixed-income portfolio management, and interest rate risk management. In recent developments, the bank has expanded its real estate financing ecosystem through strategic mortgage partnerships with major developers, including Deyaar Development PJSC for the AYA Beachfront Residences and Sobha Realty for projects including Sobha Siniya Island. Additionally, NBQ secured accreditation from the Dubai Real Estate Regulatory Agency (RERA) to serve as an approved trustee bank for real estate escrow accounts. The institution has also progressed its digital modernization agenda by partnering with Intellect Design Arena to implement an enhanced digital engagement platform to upgrade omnichannel retail and corporate banking experiences and automate operational workflows. Founded in 1982 by Amiri decree, National Bank of Umm Al Qaiwain PSC is headquartered in Umm Al Qaiwain, United Arab Emirates, and maintains a network of branches, electronic banking units, and automated teller machines across the UAE.