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The National Bank of Fujairah (NBF), a United Arab Emirates bank incorporated in 1982, has developed a specialized unit for female entrepreneurs. NBF Elham will be operated by female Emirati corporate bankers, and will offer corporate banking services and solutions tailored to Emirati businesswomen. The unit will begin working out of NBF’s Al Quoz branch.
Describing this new division on their website, NBF states, “As the first bank in the UAE to maintain such a dedicated focus on partnering Emirati businesswomen, NBF Elham leverages the bank’s strong track record in supporting businesses in the UAE to take your ambitions to the next level. Armed with local insight accumulated from more than 30 years of experience in the UAE and a team of experienced female Emirati relationship managers, you can be assured of NBF Elham’s support as you continue to break new boundaries.”
NBF Elham will provide female entrepreneurs with everything from attractive loan rates to advisory services, and even preferential rates for international and local transactions. This new division is a testament to NBF and UAE’s commitment to Emirati female entrepreneurs, and Elham will provide access to the capital and business counsel necessary for the success of new businesses.
As female-led startups around the world have been proven generate vital economic growth, UAE will certainly feel the impact of the entrepreneurs who take advantage of these new opportunities. NBF Elham suggests a bright future for the female entrepreneurs of UAE, and for the women’s movement everywhere.