|Short Term||Prime - 2||A2|
|Moody's Report||Capital Intelligence Report|
National Bank of Umm Al-Qaiwain (PSC)'s (NBQ) Baa2 long-term deposit ratings reflect the bank's ba2 Baseline Credit Assessment (BCA) and three notches of government support uplift from the Government of the United Arab Emirates (Aa2 stable) based on the expectation of a very high probability of government support.
NBQ's ba2 BCA reflects the bank's sound core profitability, which reflects its corporate .franchise, strong capital and liquidity buffers.
Capital Intelligence Ratings has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of National Bank of Umm Al Qaiwain at ‘A-’ and ‘A2’, respectively. The Outlook for the ratings remains Stable.
Salary Wage Protection System (WPS)
The Salary Wage Protection System (WPS) is an electronic salary transfer system, which processes your employee's salaries quickly and easily, and is endorsed by both the Ministry of Human Resources and Emiratisation (MHRE) and the Central Bank of the UAE.
Labor Guarantee Service
Make hiring employees easy and straightforward. Fee-free labour guarantee.