National Bank of Fujairah issues second tranche of perpetual Tier 1 Capital of AED 500 million

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March 24, 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.