National Bank of Umm Al Quwain partners with UAQ Chamber of Commerce & Industry

National Bank of Umm Al Quwain partners with UAQ Chamber of Commerce & Industry

United Arab Emirates, Umm Al Quwain: The National Bank of Umm Al Quwain (NBQ) today announced the signing of a Memorandum of Understanding (MOU) with the UAQ Chamber of Commerce and Industry to enhance joint cooperation in local entrepreneurship for the economic development of the Emirate of Umm Al Quwain.

The MoU was signed at the Chamber’s headquarters in Umm Al Quwain, by Mr. Adnan Al Awadhi, CEO of NBQ and His Excellency Amar Rashid Al Aleeli, Director-General of UAQ Chamber of Commerce and Industry.

As per the MOU, all Chamber clients will have the provision for special banking services from NBQ, including opening business accounts, project financing and other banking facilities. From its side, the Chamber will communicate with all its new and existing clients and urge them to leverage NBQ’s offerings to enhance their business and progress further.

As per the MoU, bank employees can open commercial accounts for Chamber clients following the internal guidelines of NBQ and the scheduled charges stipulated on the website of NBQ. All other banking products will be referred to the fulfilment team within the Bank.

During the signing ceremony, Mr. Adnan Al Awadhi expressed his pride in the collaboration between NBQ and the UAQ Chamber of