NBF serves 11,000 corporate customers and 29,000 individuals across 15 branches in the U.A.E. In February 2023, the bank signed a facility agreement with Yellow Door Energy to refinance 31 solar power plants with a total capacity of 39 megawatts in the U.A.E. In November 2022, the bank partnered with HongQI Motors to finance imports of electric vehicles into the U.A.E. Fujairah’s Department of Industry and Economy is the largest shareholder with a 40.9% stake, while the Easa Saleh Al Gurg Group owns 21.5%. The bank’s net profits jumped by 195.4% in 2022 to hit $92.7 million.