CPI Financial – National Bank of Fujairah issues second tranche of perpetual Tier 1 Capital of AED 500 million
Zawya – National Bank of Fujairah issues 500mln dirham tier 1 capital
March 24, 2015National Bank of Fujairah issues second tranche of perpetual Tier 1 Capital of AED 500 million
March 24, 2015
24 March 2015
National Bank of Fujairah PJSC (NBF) announced today the successful issuance of a second tranche of additional Tier 1 capital worth AED 500 million. The transaction was oversubscribed by investors ranging from insurance companies to government entities and was executed in partnership with Rasmala Investment Bank Ltd.