National Bank of Fujairah Article of Association | premargin
National Bank of Fujairah Article of Association
·ADX·General Disclosure | Article of Association·March 16, 2026·View on exchange
AI Summary
National Bank of Fujairah (NBF) has issued its amended and restated Articles of Association to comply with UAE Federal Law No. (32) of 2021 concerning commercial companies.
The bank's issued and fully paid-up capital is fixed at AED 2,580,412,281, divided into shares with a nominal value of AED 1 per share.
Shareholding by UAE nationals must remain at a minimum of 60% of the total share capital, and the Board of Directors is composed of 11 non-executive members.
The bank's established duration is 100 calendar years from its registration date, with provision for automatic renewal for successive periods.