With digital transformation embedded in the UAEβs national agenda through the βWe the UAE 2031β vision and the National Digital Government Strategy, the UAE continues its dynamic economic evolution.
With forecasts indicating that the number of SMEs in the UAE will reach 1 million by 2030, their role in driving economic diversification has never been more significant.
Recognising this pivotal contribution, National Bank of Fujairah (NBF) has placed digitalisation at the core of its SME strategy, launching a series of transformative initiatives designed to help businesses operate more efficiently and scale confidently in a rapidly changing landscape.
NBFβs commitment to SMEs is anchored in a vision where technology and innovation drive operational excellence, financial inclusion, and sustainable growth. By integrating advanced digital platforms and forging strategic partnerships, NBF is redefining how SMEs access banking services, manage payments, and leverage financing to unlock new opportunities.
NBF is reshaping the SME banking landscape through a series of digital advances that make business operations simpler, faster, and more secure. At the heart of this transformation is NBF EDGE - a fully digital business account opening platform that allows entrepreneurs to set up company accounts online, removing the need for paperwork or branch visits.
This means businesses can be onboarded from anywhere, accelerating their entry into the UAEβs dynamic market and moving swiftly from concept to operation.
NBF Qollect allows merchants to collect payments instantly using dynamic QR codes Photo: NBF
This year, NBF further strengthened its
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