amwalalghad :: National Bank of Fujairah receives ISO certification for its audit team

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National Bank of Fujairah receives ISO certification for its audit team


Published Wednesday, 01 August 2012 13:24 | Written by Amwal Al Ghad

The National Bank of Fujairah's audit department was awarded the ISO 9001:2008 certification in July for establishing an effective system for ensuring a high standard of consistency and quality in the auditing of the bank's activities.

ISO Accreditation ensures Internal Audit's ability to consistently provide services that meet the bank's internal customer needs and conform to applicable statutory, regulatory and industry requirements.

In addition, it aims to enhance customer satisfaction through the effective application of audit methodologies including processes for continual improvement of audit services.

Alan Maitland Smith, NBF's Head of Internal Audit, said the ISO certification is "further testimony to NBF's ongoing commitment towards maintaining a leading position in the banking industry through services that are best-in-class." The NBF Audit team comprises six Operational Auditors and three IT Auditors.

Incorporated in 1982, National Bank of Fujairah PSC (NBF) is a full services corporate bank with strong wholesale banking and trade finance expertise. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.

NBF's key shareholders include the Government of Fujairah, the Government of Dubai and business pioneer and community leader H.E. Sir Easa Saleh Al Gurg, KCVO, CBE. It is listed on the Abu Dhabi Securities Exchange under the symbol "NBF" and has a branch network of 14 across the UAE.

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