(MENAFN - Khaleej Times) National bank of fujairah (nbf) on wednesday announced the official opening of the office of nbf capital a fully-owned subsidiary of the bank that offers bespoke financial advisory solutions.
located at dubai international financial centre (difc) and regulated by the dubai financial services authority (dfsa) nbf capital’s office was inaugurated by easa saleh al gurg kcvo cbe and nbf’s deputy chairman.
since its establishment last may nbf capital has advised companies in diverse industries on transactions totalling dh650 million. in these transactions nbf capital’s principal role was to structure the transaction and run the transaction book.
p. b. das senior executive officer of nbf capital said: “we have always wanted to carve a niche as a bespoke service for companies seeking to grow in the local marketplace and serve as a credible alternative to the multinational investment banks and consultancy firms that predominate the financial advisory space and our progress in this short span of time certainly shows that we are on the right track.”