Middle East

National Bank of Fujairah eyes greater shipping share

Dubai: Shipping is set to play a more prominent role at the National Bank of Fujairah, senior management has said. NBF is aiming to grow its loan book in specialized industries where it has expertise, such as shipping, a sector in which the bank has recently appointed a new head of marine, Christopher Phillips. The aim set by the bank to get involved in shipping transactions worth around $100m this year.  [29/03/13]

Back to top button