Bank of Sharjah: A partner you can trust
Bank of Sharjah has adopted the best practices of financial institutions from around the globe
The bank follows a disciplined approach to help clients achieve personal goals and meet financial objectives
Bank of Sharjah considers clients more than just a customer; they are part of the family. The bank sets itself apart with its exceptional customer service, that ensures clients are directly connected to its team of experts that are qualified to handle every requirement.
Bank of Sharjah has adopted the best practices of financial institutions from around the globe. It understands the journey to prosperity that the region's families and individuals have endured, which had led to the establishment of a Private Banking Wealth Management division, which is founded upon the Bank of Sharjah's legacy of commitment and draws from a diversified portfolio of international financial products.
Behind Bank of Sharjah's systems and culture lie a fundamental set of principles and values that shape all its actions. Performance, Ethics, Transparency, Initiative, Commitment and Quality are at the very heart of the entire organisation and are what guide it every single day. Those values are imprinted in the way it does business and its contributions to society and the environment. Over the decades, the bank has grown significantly and plays a crucial role in empowering the emirate of Sharjah as a leading contributor to the UAE Federation, which has boosted growth in the region. With the emergence of the UAE's stock markets, Bank of Sharjah became a publicly traded entity at the Abu Dhabi Securities Exchange in 2004.
Its mission is to achieve a strong and sustainable performance for shareholders, while maintaining commitment to its customers, always remaining at their side as they realise their dreams and aspirations.
Bank of Sharjah is a forward-thinking institution with a personalised client service and focus on wealth management for individual customers. The Private Banking Wealth Management division was established in 2012 to provide diversified financial products to regional clients as well as a wide range of investment opportunities.
The Private Banking Wealth Management division has the expertise to advise clients on local and international investments. Whether clients want to build, manage, preserve or pass on wealth to the next generation, the team follows a strict disciplined approach to help them achieve their personal goals and meet their financial objectives.
Spreading its wings
When a country witnesses such incredible growth over a short timeframe, it is imperative that its financial institutions grow alongside it. Bank of Sharjah, a corporate bank, has spread its wings over the years, opening its first branch in Abu Dhabi in 1988, followed by Dubai in 1996, Al Ain in 2007, Dubai Media City in 2012 and the revamped Private Banking and Wealth Management division in Motor City, Dubai, at the end of 2012, in addition to the Mussafah branch, in 2018.
Bank of Sharjah has been guided by its objective of strong performance and steadfast adherence to the founding principles of sound corporate and investment banking. As the UAE economy continues to flourish, it continues to play a pivotal role in its success, with a solid commitment to first-class customer service and guaranteed satisfaction.
FUNDAMENTALS OF ADVISORY SOLUTIONS at Bank of Sharjah:
DIALOGUE: Discusses objectives and define jointly the strategy for clients' financial assets.
ANALYSIS: Analyses risk, assets and income situation and defines profile and investment strategy.
PLANNING: Develops and assesses different investment models and scenarios to finalise optimal strategy.
EXECUTION: Coordinates the necessary steps to give clients the ultimate decision in the solution.
ASSESSMENT: Monitors client investments and accounts on an ongoing basis.
The Bank of Sharjah was established on December 22, 1973, as the first national financial institution in Sharjah and the fifth in the UAE. This was a landmark year for the UAE as it also saw the introduction of the dirham. The three founding members were the Government of Sharjah, Hassawi Group and Banque Paribas - later BNP Paribas. Each held a 20 per cent stake and the remaining 40 per cent capital was made available to public subscription for the first time in the UAE.