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National Bank of Fujairah PJSC augments its capital composition
Following the approval of the General Assembly Meeting (“GAM”) held on 26 June 2024 and the Regulatory Authorities, NBF has successfully completed its conversion of the Additional Tier 1 capital securities (“AT1 capital”), amounting to USD ($) 275 million (AED 1.01 billion) at a ratio of AED 2.85:1, today into…
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Source: National Bank of Fujairah PJSC