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Tuesday, 24 November 2009 | 22:00 UAE time

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COMPANIES

National Bank of Umm Al Qaiwain

  • 0.00 Last
  • 0.00 (%) Today's Change
  • 0 Volume
  • 3.00-4.73 52 Week Range
  • -3.91 (-100.00%) 52 Week Change
As of 24 Nov 2009 14:00 GMT (Market Closed)

COMPANY DESCRIPTION

The National Bank of Umm Al Qaiwain was established in 1982 by the ruler of UAQ emirate. The local government owns majority share while the remainder is held by UAE nationals and institutions.

In 2005 the bank doubled its capital to AED 500 million. In 2006 the capital has been increased to AED 600 million with an issue of 20% bonus share. The shareholder equity currently stands at AED 1.36 billion.

KEY INFORMATION

Industry

Commercial Banks

Address

National Bank of Umm Al Quwain Building, King Faisal Street, 800, Umm Al Quwain, UAE

T

971 6 7066666

F

971 6 7646841

E

nbuq@nbq.ae

W

www.nbq.ae

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 5 January 1982 -

MAJOR SHAREHOLDERS

NameCountry
Umm Al Qaiwain Cement Industries Companycompanies5.55UAE
Government of Umm Al Qaiwaincompanies30UAE
Abdulla Hassan Mohammad Al Rostamaniindividuals10UAE
Abdulwaheed Hassan Mohammed Al Rostamaniindividuals10.07UAE
Salem Bin Abdullah Salem Al Hosaniindividuals8.13UAE

PORTFOLIO

NameCountry
Twin Towns Marketing ManagementUAE

OFFICERS

BOARD OF DIRECTORSPosition
Saoud Bin Rashed Al MuallaChairman
Abdullah Ahmad Al MoussaVice Chairman
Nasser Bin Rashed Abdulaziz Al MuallaBoard Member
Abduljalil Youssef DarwishBoard Member
Issa Abdulrahman AteeqBoard Member
Saeed Nasser Saif Al TalaiBoard Member
Marwan Abdullah Al RostamaniBoard Member
MANAGEMENTPosition
Nasser Bin Rashed Abdulaziz Al MuallaManaging Director and Chief Executive Officer
R. S. Ramchandra IyerDeputy General Manager - Head of Credit and Risk Management
K. Bala SubramanyanHead of Finance and Administration
Alok PantHead of Commercial Banking
Amer KamalHead of Institutional Banking
R. Shankar NarayaninHead of Operations
Ihsan AbbasHead of Corporate Affairs
Julia LabertHead of Special Projects
N. S. NaranHead of Treasury

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