Bank Profile:

NBQ (The National Bank of Umm Al Qaiwain psc) was established in 1982 by the Ruler of Umm Al Qaiwain, the late H.H.Sheikh Rashid Bin Ahmed Al Moalla.  The Bank’s trade name was changed from The National Bank of Umm Al Qaiwain psc to NBQ in 2005 and the Bank re-launched itself with the new corporate identity.   The local government of Umm Al Qaiwain is the largest shareholder and promoter of the Bank.

Our Branch network comprises of sixteen outlets spread across the seven Emirates.  Through these outlets the Bank offers a wide array of products and services for both Retail and Wholesale customers, all of which are detailed within the pages of this website.  These products and services range from specialized children savings schemes through to highly specialized Trade and Treasury Services.

NBQ is continuously strengthening its operations and upgrading its technology to provide customers the latest banking technologies and services through all its delivery channels.  In 2010 NBQ is undertaking an end to end project to revamp its entire IT Data Center and DR site.

As at 31^st December 2009, the paid-up Capital of the Bank is AED1,452,000,000/- and the total shareholder funds amounts to AED 3,012,584,000/-. The Bank achieved the highest Capital Adequacy Ratio (CAR) of 27.8% compared to other UAE local Banks in 2009 and is traditionally one of the highest of all banks in GCC.

Over the last 28 years the Bank’s commitment towards the Nation and its people has been appreciated and the Bank has won various awards for its Emiratization efforts and Corporate Social Responsibility.

Awards:

The bank’s commitment towards the nation and its people was appreciated in several events and exhibitions. The Council of Ministries of Labor and Social Affairs in GCC States presented a Certificate of Appreciation to NBQ, for its role in creating job opportunities for UAE nationals in the year 2004.