|Short Term||Prime - 2||A2|
|Moody's Report||Capital Intelligence Report|
Moody's Investors Service ("Moody's") has assigned first-time local and foreign currency long-term and short-term bank deposit ratings of Baa2/Prime-2 to National Bank of Umm Al-Qaiwain . The outlook assigned to the long-term deposit ratings is stable. At the same time, the rating agency has assigned a Baseline Credit Assessment (BCA) and Adjusted BCA of ba2
NBQ's ba2 BCA captures the bank's sound core profitability, reflective of its corporate franchise, and its strong capital and liquidity buffers. NBQ's Baa2 deposit ratings incorporate a three-notch uplift from its ba2 BCA.
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.