Ajay Nagrale has extensive experience in the banking industry, working in various roles such as Market Risk Analyst, Assistant Manager in the Credit Risk Department, Senior Officer in Trade Finance, Deputy Manager, and Field Officer in Credit. Ajay has worked at companies like National Bank of Umm Al Qaiwain (P.S.C), State Bank of India, and NBQ. Ajay's responsibilities have included handling trade finance operations, managing import/export business, issuing guarantees, arranging trade financing, and conducting credit monitoring and documentation.
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National Bank of Umm Al Qaiwain (P.S.C), is Licensed by the Central Bank of the UAE
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National Bank of Umm Al Qaiwain is a Public Shareholding Company incorporated in Umm Al Qaiwain by Amiri Decree Number (1) on January 5, 1982 issued by His Highness, the Ruler of Umm Al Qaiwain and commenced its operations with effect from August 1, 1982. The Local government of Umm Al Qaiwain is the largest shareholder and promoter of the bank. The bank is engaged in providing retail and corporate banking services through a network of 12 branches in U.A.E. The Bank carries out Islamic banking operations through Islamic Banking window established in 2005 across its branch network. The bank maintains consistently high capital adequacy and liquidity ratios which demonstrate the financial resilience developed through robust corporate governance and financial disciplines. The address of the Bank’s Registered Head Office is Post Box Number 800, Umm Al Qaiwain, United Arab Emirates and is located on King Faisal Road, Umm Al Qaiwain.