Sharjah: Finance House PJSC (FH) and National Bank of Bahrain B.S.C (NBB) have signed a financing agreement for a 3-year revolving funded facility.
FH intends to use this medium term facility provided by NBB to fund the continued growth of its lending book and to meet general working capital requirements.
Chairman of Finance House Mohammad Al Qubaisi said FH's ability to secure medium term funding from NBB is a glowing testimony to the solid financial standing of Finance House and reinforces the confidence and trust placed in us by our leading banking partners.
National Bank of Bahrain, Country Head-UAE, Harshdeep S. Munjal, said the bank has been conducting high quality business in the UAE for the last 28 years.
The signing ceremony took place at Finance House's headquarters in Abu Dhabi and was attended by Mohammad Al Qubaisi, Chairman, Hamid Taylor, GM and T.K. Raman, GCFO of Finance House. National Bank of Bahrain was represented by Harshdeep S.Munjal, Country Head - UAE, Eyad Y. Sater, Abu Dhabi Branch Head.
