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National Bank of Fujairah Opens Diamond Financing Office in Dubai

Dec 27, 2015 5:50 AM   By Rapaport News
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RAPAPORT... The National Bank of Fujairah (NBF) opened its diamond financing office in the Dubai Multi Commodities Centre (DMCC). This comes after the United Arab Emirates bank set up a diamond financing team in April 2015 to fund manufacturers and traders of rough and polished stones.

The unit, based in the Almas Tower, has more than 70 clients, according to a statement by the bank December 21.

The facility was inaugurated by Ahmed Sultan Bin Sulayem, executive chairman of the DMCC, and senior figures from the NBF and the DMCC.
Tags: diamond finance, Dubai, Dubai Multi Commodities Centre, financial, National Bank of Fujairah, Rapaport News, uae
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